What is an agencia de la
propiedad inmobiliaria?
Literally an Agent of Real
Estate Property, an agente de propiedad inmobiliaria is a qualified professional
who has an accredited certificate given by the Spanish Ministry of Public Works,
Transport and Environment to intermediate in real estate operations. Usually they
charge a commission for all property sales, which is a percentage of the property
sale price.
Estate agents usually display their API number
on their shop windows, leaflets and visiting cards, and potential buyers are advised
to make sure that their estate agent has this official acreditation.
Estate
agents usually charge between 3% and 5% of the final sale price.
This table shows the official fees.
Can
you buy a house without the intervention of an estate agent in Spain?