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isnt it about time?
isnt it about time?
that all the algarve real estate agents stated to use video in their selling....having bought in my time 3 villas, it is the most timewasting experience to be driven (their time- my time- houseowners time - their petrol ) to see villas which even if you get past the front door you know are not suitable.
I know many use photos on the internet but a moving image still captures more than a pretty pic.
On average you are lucky to see three or 4 villas a day..if you could see 50 in a day by sitting in an agents shop and seeing videos the process could be much quicker and more cost effective. (for all concerned)
I have sat in many real estate agents and seen people on a 2 weeks villa buying safari, who with money burning in their pockets go home without buying anything..I wonder if local agents did a proper job how many villas could be sold here???
The only conclusion I can come to as to why agents are recluctant to do this, is because in my opinion it is like some form of "high pressure time share"....well we have shown you three villas ..which one do you want to buy...(fingers drumming down on the table ) and if you say erm no......you are dismissed as a "time waster".
well perhaps dare I say it...is it the real estate industry which is wasting time and resources of their own and their clients???'
I know many use photos on the internet but a moving image still captures more than a pretty pic.
On average you are lucky to see three or 4 villas a day..if you could see 50 in a day by sitting in an agents shop and seeing videos the process could be much quicker and more cost effective. (for all concerned)
I have sat in many real estate agents and seen people on a 2 weeks villa buying safari, who with money burning in their pockets go home without buying anything..I wonder if local agents did a proper job how many villas could be sold here???
The only conclusion I can come to as to why agents are recluctant to do this, is because in my opinion it is like some form of "high pressure time share"....well we have shown you three villas ..which one do you want to buy...(fingers drumming down on the table ) and if you say erm no......you are dismissed as a "time waster".
well perhaps dare I say it...is it the real estate industry which is wasting time and resources of their own and their clients???'
They could stream videos over the Internet. It really isn't hard to do. I think it is actually quite difficult to produce a decent video. I haven't a camera myself, but films I have seen that friends have produced have been a bit iffy to say the least. With a digital camera you can take a bucket load of pictures and select the good ones.
Yes it is PM....it takes a bit of equiptment, knowhow, planing, orginization, and money.pm wrote: I think it is actually quite difficult to produce a decent video.
However, if the sale price of the units is high enough, it might be worth the bother and expence. In that case, I, personaly, would hire a profesional and make sure it's done right the first time. It will save you money in the long run, and a poorly done video is worse than useless.
That sounds like the way to go.....then you could edit them into a slide show.With a digital camera you can take a bucket load of pictures and select the good ones.
Call me if I can be of any help, and you don't mind going over budget.
Re: isnt it about time?
Martin, I tend to agree with you....but there are ways that still images can be edited to give a sense of motion. Using dynamic edits of stills in a video format is one way. But, of course, it costs more.martin wrote: I know many use photos on the internet but a moving image still captures more than a pretty pic. '
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Guest
best way I ever saw was on uk property tv programme...houseowner or agent did walkthru ..talking and explaining as he/she went in and outside...max time on screen was 3 minutes.
this was enough time for the person viewing to decide... no dont like or yes can we now go and see the villa.
the quality of video is now excellent..in fact 12 years ago the resolution of high8 camcorder was equal to what the bbc studio cameras had in the early 70s.
with agents fees at 5% ..there can no excuse for saying they cant afford it...the truth is that with such levels of commission 2 sales a year is enough for a very nice income...so why bother trying.
such attitudes prevail until they are forced to change or go out of business.
(uk car industry for example)
martin
this was enough time for the person viewing to decide... no dont like or yes can we now go and see the villa.
the quality of video is now excellent..in fact 12 years ago the resolution of high8 camcorder was equal to what the bbc studio cameras had in the early 70s.
with agents fees at 5% ..there can no excuse for saying they cant afford it...the truth is that with such levels of commission 2 sales a year is enough for a very nice income...so why bother trying.
such attitudes prevail until they are forced to change or go out of business.
(uk car industry for example)
martin
AS guest says if you can earn 5% of of propoerties from 200km upwards you do not need to sell that many to make a comfortable living which is why the average algarve estate agent does not try that hard.
Try getting a viewing on Saturday or Sunday ??.
They should look at what the bigger developers are now doing CD/DVD brochures are now the norm.
Even the smaller agents could burn a mpeg and send it to prospective customers
Try getting a viewing on Saturday or Sunday ??.
They should look at what the bigger developers are now doing CD/DVD brochures are now the norm.
Even the smaller agents could burn a mpeg and send it to prospective customers
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nightrider
The law states that all Estate Agents in Portugal have to be registered with an AMI No part of which to obtain this licence is qualifications and a hefty fee to include PI cover.
The latest scam with regard some Estate Agents in Portugal is as follows:-
The vedor (seller) is charged from anything from 5% plus tax. Most give POA to a lawyer...the lawyer is normally connected to the Estate Agent concerned, in otherwords the seller does not attend the Notary and even if they do most do not speak Portuguese and therefore, will not be fully aware of what is on the Escritura (Deed) and if you ask for an English version (which you should do) more often than not the Portuguese one does not reflect as it should the exact wording of the Portuguese version signed at the Notary. Prior to signing any contract with an Estate Agent, make sure that they put on the document their full details and the REFERENCE NUMBER AND FULL DESCRIPTION OF YOUR PROPERTY YOU ARE SELLING AND BETTER STILL THE ACTUAL TITLE OF YOUR PROPERTY.-
The law states that when a property is sold through an Estate Agent, it has to have the E.Agent Name, AMI No. Contribution No and their full registered address on it. There are still many operating without a licence and/or from different unknown addresses.
What is happening now and on a regular basis is that none of the above goes on the document and therefore, the 5% is shared amongst the two lawyers and the estate agent. The seller having forked out the 5% plus tax and if any problems arise later it will be down no doubt to the present owner.
Then there are the companies/individulas operating from the Uk and elsewhere selling properties and plots, say from someones spare room and/or hiding behind other businesses and who are tied up with a Portuguese builder. Said builder may very well have an Alvaro, but is NOT A REGISTERED COMPANY and therefore, CANNOT employ others... so if things go wrong the purchaser cannot complain! Normally, with this type of scenario a lawyer is introduced to the client and if a plot of land is involved a builder and then architect. The client is talked into "we can do it a lot cheaper for you if you pay cash" and with the classic arm round the would be purchaser's shoulder of course he/she is told "your different you are a friend".........and later if things go wrong and more often than not they do.....the owner of a newly built property cannot make "any" complaint...together with muito problems later.
THINK.....THINK and THINK.....BUYER BE EXTREMELY AWARE.
ps Get Receipts for everything you pay out....and I mean everything
Nightrider.
The latest scam with regard some Estate Agents in Portugal is as follows:-
The vedor (seller) is charged from anything from 5% plus tax. Most give POA to a lawyer...the lawyer is normally connected to the Estate Agent concerned, in otherwords the seller does not attend the Notary and even if they do most do not speak Portuguese and therefore, will not be fully aware of what is on the Escritura (Deed) and if you ask for an English version (which you should do) more often than not the Portuguese one does not reflect as it should the exact wording of the Portuguese version signed at the Notary. Prior to signing any contract with an Estate Agent, make sure that they put on the document their full details and the REFERENCE NUMBER AND FULL DESCRIPTION OF YOUR PROPERTY YOU ARE SELLING AND BETTER STILL THE ACTUAL TITLE OF YOUR PROPERTY.-
The law states that when a property is sold through an Estate Agent, it has to have the E.Agent Name, AMI No. Contribution No and their full registered address on it. There are still many operating without a licence and/or from different unknown addresses.
What is happening now and on a regular basis is that none of the above goes on the document and therefore, the 5% is shared amongst the two lawyers and the estate agent. The seller having forked out the 5% plus tax and if any problems arise later it will be down no doubt to the present owner.
Then there are the companies/individulas operating from the Uk and elsewhere selling properties and plots, say from someones spare room and/or hiding behind other businesses and who are tied up with a Portuguese builder. Said builder may very well have an Alvaro, but is NOT A REGISTERED COMPANY and therefore, CANNOT employ others... so if things go wrong the purchaser cannot complain! Normally, with this type of scenario a lawyer is introduced to the client and if a plot of land is involved a builder and then architect. The client is talked into "we can do it a lot cheaper for you if you pay cash" and with the classic arm round the would be purchaser's shoulder of course he/she is told "your different you are a friend".........and later if things go wrong and more often than not they do.....the owner of a newly built property cannot make "any" complaint...together with muito problems later.
THINK.....THINK and THINK.....BUYER BE EXTREMELY AWARE.
ps Get Receipts for everything you pay out....and I mean everything
Nightrider.
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John1
- CVO Senior
- Posts: 188
- Joined: Mon Jan 17, 2005 10:50 pm
- Location: Temporarily Cumbria but hope to be back in Portugal one day
[quote]The law states that all Estate Agents in Portugal have to be registered with an AMI No part of which to obtain this licence is qualifications and a hefty fee to include PI cover.
The latest scam with regard some Estate Agents in Portugal is as follows:-
The vedor (seller) is charged from anything from 5% plus tax. Most give POA to a lawyer...the lawyer is normally connected to the Estate Agent concerned, in otherwords the seller does not attend the Notary and even if they do most do not speak Portuguese and therefore, will not be fully aware of what is on the Escritura (Deed) and if you ask for an English version (which you should do) more often than not the Portuguese one does not reflect as it should the exact wording of the Portuguese version signed at the Notary. Prior to signing any contract with an Estate Agent, make sure that they put on the document their full details and the REFERENCE NUMBER AND FULL DESCRIPTION OF YOUR PROPERTY YOU ARE SELLING AND BETTER STILL THE ACTUAL TITLE OF YOUR PROPERTY.-
The law states that when a property is sold through an Estate Agent, it has to have the E.Agent Name, AMI No. Contribution No and their full registered address on it. There are still many operating without a licence and/or from different unknown addresses.
What is happening now and on a regular basis is that none of the above goes on the document and therefore, the 5% is shared amongst the two lawyers and the estate agent. The seller having forked out the 5% plus tax and if any problems arise later it will be down no doubt to the present owner.
Then there are the companies/individulas operating from the Uk and elsewhere selling properties and plots, say from someones spare room and/or hiding behind other businesses and who are tied up with a Portuguese builder. Said builder may very well have an Alvaro, but is NOT A REGISTERED COMPANY and therefore, CANNOT employ others... so if things go wrong the purchaser cannot complain! Normally, with this type of scenario a lawyer is introduced to the client and if a plot of land is involved a builder and then architect. The client is talked into "we can do it a lot cheaper for you if you pay cash" and with the classic arm round the would be purchaser's shoulder of course he/she is told "your different you are a friend".........and later if things go wrong and more often than not they do.....the owner of a newly built property cannot make "any" complaint...together with muito problems later.
THINK.....THINK and THINK.....BUYER BE EXTREMELY AWARE.
ps Get Receipts for everything you pay out....and I mean everything
Nightrider
[/quote]
Good Information but not really relevant to the thread..'Isnt it about time estate agents started using video?'
The latest scam with regard some Estate Agents in Portugal is as follows:-
The vedor (seller) is charged from anything from 5% plus tax. Most give POA to a lawyer...the lawyer is normally connected to the Estate Agent concerned, in otherwords the seller does not attend the Notary and even if they do most do not speak Portuguese and therefore, will not be fully aware of what is on the Escritura (Deed) and if you ask for an English version (which you should do) more often than not the Portuguese one does not reflect as it should the exact wording of the Portuguese version signed at the Notary. Prior to signing any contract with an Estate Agent, make sure that they put on the document their full details and the REFERENCE NUMBER AND FULL DESCRIPTION OF YOUR PROPERTY YOU ARE SELLING AND BETTER STILL THE ACTUAL TITLE OF YOUR PROPERTY.-
The law states that when a property is sold through an Estate Agent, it has to have the E.Agent Name, AMI No. Contribution No and their full registered address on it. There are still many operating without a licence and/or from different unknown addresses.
What is happening now and on a regular basis is that none of the above goes on the document and therefore, the 5% is shared amongst the two lawyers and the estate agent. The seller having forked out the 5% plus tax and if any problems arise later it will be down no doubt to the present owner.
Then there are the companies/individulas operating from the Uk and elsewhere selling properties and plots, say from someones spare room and/or hiding behind other businesses and who are tied up with a Portuguese builder. Said builder may very well have an Alvaro, but is NOT A REGISTERED COMPANY and therefore, CANNOT employ others... so if things go wrong the purchaser cannot complain! Normally, with this type of scenario a lawyer is introduced to the client and if a plot of land is involved a builder and then architect. The client is talked into "we can do it a lot cheaper for you if you pay cash" and with the classic arm round the would be purchaser's shoulder of course he/she is told "your different you are a friend".........and later if things go wrong and more often than not they do.....the owner of a newly built property cannot make "any" complaint...together with muito problems later.
THINK.....THINK and THINK.....BUYER BE EXTREMELY AWARE.
ps Get Receipts for everything you pay out....and I mean everything
Nightrider
[/quote]
Good Information but not really relevant to the thread..'Isnt it about time estate agents started using video?'
I’ve often thought that when wanting to buy a property it’s so easy to get yourself inundated with picture of furnished - or sometimes unfurnished - rooms! the pictures tell you nothing. What you need are pics of what you see when you look out the window. Or pics of the outside to include the graffiti-cover block next door!. …. would save a lot of time. (but if you’ve got plenty of time on your hands I quite enjoy getting driven around town by estate agents)
NIGHTRIDER has a very good point but it is not just the smaller builders who ask for cash.
We know of a large prestige development east of CVO where buyers of a new villa were asked to provide " part " of the payment in cash.
They are dealing with established and fully registered companies but that appears to be litlle protection.
It wont surprise many to know that " payment in Cash " has been suggested to us as it will " save " various fees and charges.
We are certainly not keen to go down that route.
However if you have little protection anyway why incure the extra expense.
I would like to be convinced otherwise !!
We know of a large prestige development east of CVO where buyers of a new villa were asked to provide " part " of the payment in cash.
They are dealing with established and fully registered companies but that appears to be litlle protection.
It wont surprise many to know that " payment in Cash " has been suggested to us as it will " save " various fees and charges.
We are certainly not keen to go down that route.
However if you have little protection anyway why incure the extra expense.
I would like to be convinced otherwise !!
just watched bbc show "unchartered territory" ....today was couple going to brazil....in each of the 3 properties the programme showed, you saw about 75% of what you needed to see....each "walkthru" was about 5 mins...which is enough...certainly on todays show I wish I had 44000 pounds to buy what was a fantastic villa overlooking sea. semi private beach pool...none of this you would have seen if it had been the usual 7 x 5 colour picture produced by our local "dynamic" algarve agents.
if the show is repeated its worth a look..interesting to see influence of portugal .
another episode on brazil is next week.
check out bbc lifestlyle web site for details
if the show is repeated its worth a look..interesting to see influence of portugal .
another episode on brazil is next week.
check out bbc lifestlyle web site for details
Last edited by martin on Mon Nov 28, 2005 8:52 pm, edited 2 times in total.
forgot to say, that in a one hour video programme, I have seen 3 properties ..usual time in Portugal with agents would have been all morning.
the whole system here reminds me of one uk agent who advertised his services years ago in uk.
his publicity was as follows and I do not joke....
we use interesting advertising
we use modern for sale boards
we use colour photographs.
in all honesty its pathetic
the whole system here reminds me of one uk agent who advertised his services years ago in uk.
his publicity was as follows and I do not joke....
we use interesting advertising
we use modern for sale boards
we use colour photographs.
in all honesty its pathetic
Well the problem is tbbr that if you pay cash you won't get a proper factura (invoice) and then you won't be able to use this factura to offset any capital gains tax, if and when you want to sell the property and you could be a lot worse off in the long run.
Your suspicion of anyone wanting cash must be that they want to evade tax and do you want to willingly partake in this act and deprive a poor country of much needed revenue? I was reading in the Correio da Manhã yesterday about how the construction industry in this country is costing the country thousands in lost revenue. Apparently 2006 is going to be the "Fiscal Year" and they are going to employ loads more inspectors to look into this type of thing.
Personally I wouldn't do that, as I think it is wrong. This country needs every cêntimos it can get and greedy, unscrupulous people are bleeding it dry.
Your suspicion of anyone wanting cash must be that they want to evade tax and do you want to willingly partake in this act and deprive a poor country of much needed revenue? I was reading in the Correio da Manhã yesterday about how the construction industry in this country is costing the country thousands in lost revenue. Apparently 2006 is going to be the "Fiscal Year" and they are going to employ loads more inspectors to look into this type of thing.
Personally I wouldn't do that, as I think it is wrong. This country needs every cêntimos it can get and greedy, unscrupulous people are bleeding it dry.
well I came across this site...now if they can use video in america ..then why not here 
http://www.seriousmagic.com/vcbusrealestate.cfm
http://www.seriousmagic.com/vcbusrealestate.cfm
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e-richard
- Moderator
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It is here - right on the front page of Carvoeiro.com 
http://www.algarveholidays.co.uk/ advertise rentals, where you can take a "virtual tour" round their villas.
http://www.algarveholidays.co.uk/ advertise rentals, where you can take a "virtual tour" round their villas.