Selling Property

Share experience regarding ownership of property and/or living in Portugal.
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Joe
CVO Regular
CVO Regular
Posts: 10
Joined: Mon Sep 11, 2006 1:49 pm
Location: Scotalnd

Selling Property

Post by Joe »

Hi,

I’m in the process of looking for a good estate agent in Lagos to sell my apartment. I’m led to believe that compared to the UK in Portugal you can sell your properly through more than one estate agent. Is there any advantage or disadvantages of either approach?

Regards,

Joe
themoneyman

Re: Selling Property

Post by themoneyman »

In Portugal the standard sales com is 5%, the only reason to give exclusivity would be lower this a little, but then if you give exclusivity to agent and they don't sell it, it really doesn't matter that they are receive 3-4% of nothing. I would suggest you appoint a few agents and when they have a client that makes an offer that is lower than you expected, then negotiate with whichever agent presents the client to accept an offer based on them receive a lower com. Good Luck
Joe
CVO Regular
CVO Regular
Posts: 10
Joined: Mon Sep 11, 2006 1:49 pm
Location: Scotalnd

Re: Selling Property

Post by Joe »

Thanks for the tip.

Joe
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