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August 24, 2007

What Everybody Ought to Know About Estate Agents in Portugal

There is a great deal to learn about real estate agents in Portugal because people should be aware of what they do, and that they should have a greater understanding of and what they have in mind before you go in contact with them if you are to guarantee yourself and avoid the scams, the sharks and so that you can acquire the right property depending on your own personal requirement.

The first thing you ought to remember is that the seller of the property needs to pay the real estate agents fees! This is the better half of the news. This is the same as that of buying a property in the UK, but not in the rest of the world, but if you are thinking of buying a property in Portugal, you don’t have to pay the real estate agent which would make you avail more of their services.


It is at the best interest of your real estate agent that it is you duty to stretch your budget to the max, and that it is in their best interest for you to buy a property – these real estate agents make commission on whatever property they sell to you. With these ideas, you can ask for ideas or opinions from your real estate agent, and still, you can just walk away and think things over – in your own time and at a leisurely pace.

For buyers, you will be fortunate to know that real estate agents in Portugal need to have a license first before they can trade properties with you, and they need to have an AMI number – ask for this form from the agents you seek.

It is very probably that the first real estate agents you are in contact with will be those that are found on the internet – but just be wary since you can only find a few of the agents there and most agents can’t represent the whole range of property in the market.

Posted on: Portugal

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