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Meaning of agencia de la propiedad inmobiliaria

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?

 

 

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meaning of agencia de la propiedad inmobiliaria
 
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