Posts Tagged ‘Real estate agents’

Relying on an estate agent for buying or selling a property

real estate agentOften we turn to a real estate agent to buy or sell a home, a building or other land in general, but before signing contracts, warrants, prior to the purchase or sale, and especially before you give him the money , is well informed about the seriousness and honesty of the real estate professional.

The estate agent must be registered as brokers and may occur by making a simple title search made the local Chamber of Commerce.

Real estate agents registered on that list are entitled to a commission in the event of signing a preliminary purchase.

The commission is usually 2% of the price actually paid for the property but it is negotiable between the parties.

You should avoid signing any clauses which implied an extension of the designation of the mediator.

It ‘important to know much information as possible about the seller, especially his income and assets, whether a private or employer, or is a shareholder of Snc Srl, if failures behind or under, and such information can always be found through the Chamber of Commerce or maybe your bank trust and perhaps in the traditional way, asking around to relatives, friends, acquaintances and business associates.

Before signing a preliminary purchase where the counterpart is often the estate agent is well make sure that it really has the mandate of the seller, must be also leave a copy of the original document before signing it should sottoporrlo your legal advisor.

We have to make a note of the preliminary contract of purchase from the Land Registry established in 1997, this protects the buyer from possible fraud or failures in that it allows to be declared owner of the property if others present with other requests.

Read the rest of this entry »