A professional real estate agent: its importance
Lars Polegato
Lars Polegato
A real estate agent is a consultant specializing in the purchase and sale of residential and commercial real estate. The guidance of a Real Estate Advisor is the key when acquiring property because he knows the sector’s financial, tax, and legal environment. An experienced agent will answer the questions of your clients and will have the knowledge, contacts, and resources necessary for the sale transaction to be successful.
Who pays the agent's fees?
In a property sale and purchase transaction, there are, in general, two agents involved, although it is common to find a mediating agent who manages both parties.
Usually, the person who sells the property is responsible for paying the agent's fees. Fees are between 3% and 6% of the sale price, generally. It means that the buyer does NOT pay the commission and should not worry about this.
However, there are communities in which both those who sell and those who buy pay. Also, if the buyer hires a personal shopper, they must pay fees throughout the territory since it is an extra service that adds value to the exclusive management of the buyer.
Lars is a real estate agent in the city of Santa Cruz de Tenerife, with years of work experience in the sector, where LPC Collective has developed commercial strategies to promote the purchase and sale of properties.
A mortgage loan? Cash?
The payment method to purchase a property will depend on the amount of money you have to invest and your mortgage debt capacity.
How do you know where to buy?
As a Real Estate Advisor, I will assist you in every step you need during the area selection. A first point to take into account, it is essential to know what you want the property for: to live, to rent it, or as an investment?
What do I need to know to apply for a mortgage loan?
A home loan or mortgage consists of obtaining money to buy, refinance or improve a home.
