Guide to Spain’s Open Property Market: What Buyers Need to Know
Guide to Spain’s Open Property Market: What Buyers Need to Know
In Spain, we operate with an open property market, which means multiple real estate agents can list and sell the same properties. This differs from other countries where it’s common for one agent to have exclusive rights to a property sale. In Spain, however, you’re free to choose between several agents.
Multiple Agents, Same Property: What Does This Mean for Buyers?
When browsing properties on property portals or real estate websites, you might notice that the same properties or new developments are listed by different agents. This may seem confusing at first, but it actually simplifies the buying process. You only need to work with one agent who will handle everything, no matter who posted the listing.
If you find an interesting property advertised by a different agent, there’s no need to contact them directly. Just send us the link, and we’ll manage all the details – from scheduling viewings to providing in-depth information about the property.
Challenges of an Open Property Market
While convenient, an open property market has some challenges. For example, listings may sometimes show outdated prices, which can create a misleading picture of the market. Some agents might also use “bait prices,” and others might not update listings promptly when prices change. That’s why it’s crucial to work with a trusted agent who can provide accurate and up-to-date information on the prices and availability of the properties you’re considering.
Fixed Prices for New Developments – No Fees for the Buyer
For new developments, prices are always set by the developer. As a buyer, you won’t pay anything for our services; the developer covers the fees. For resale properties, the seller covers the agent’s commission, meaning our guidance and assistance are free for you.
In short, we make your property search easier. No matter which property you’re interested in, you can rely on us for up-to-date information, expert advice, and full support throughout the buying process.