Why
use a professional property finding service? With so many Spanish
estate agents and thousands of web pages advertising properties you may
wonder why you need help finding a property. Well of course the answer
is you can do it all yourself if you have the time and some knowledge
of how the market in Spain works. However using a specialist expert to
assist you finding a property has many, many advantages - apart from removing
all the risks high on the list of these advantages are the huge savings
achieved.
Remember, an estate agent has only one interest in mind and that is to
sell you a property and earn his commission. To do this he has to somehow
find purchasers - this is where Search and Survey comes in to the picture.
This is how our unique concept works:
Agents and vendors advertise their properties on our websites, on a pay
on results basis.
Buyers looking for properties in Spain see the website and engage us to
help find a suitable property.
Once all the research and selection process is completed, we arrange for
our clients to view the short list of properties that together we have
agreed are the most interesting. (Usually this involves a number of different
agents.)
Please remember Search and Survey does not sell property, nor do we try
and influence a sale one way or the other. We will however, point out
advantages and disadvantages acting as a kind of devils advocate - always
with the buyers interests in mind and despite the enthusiasm of the estate
agent.
If a sale is reached then we are able to levy an introduction fee to the
vendor or his selling agent.
A -For advertising the property.
B -For introducing a buyer.
The processes involved in buying a property in Spain from the very beginning,
i.e. looking for a property to receiving the keys when all is signed sealed
and delivered are detailed below.
It is important
to understand that if we are involved in assisting you find the property
at the start then we are able to charge the vendor an introduction fee.
This allows us to subsidise your conveyancing and legal costs by about
2,000€. Should you find the property without our involvement then
you will be at least 2,000€ poorer having to pay for the conveyancing
services at the standard rate shown on the Fee's table.
Over 800 agents list their properties and collaborate with the Search
and Survey.
Finding the Property.
The property finders will scan all the properties on the market to match
the requirements specified. The client then receives these via email and
has the opportunity to select from a shortlist of properties they like
and consider appropriate.
The initial considerations will include:
• The Budget
• Size of property required
• Location
• Individual circumstances
• Personal preferences and priorities
• The aims of the investment.
• Use of the property, e.g. holiday home/permanent home/rental
Once we have established how many properties are available that fit the
given criteria, we forward the property details for review. The client
can then exclude properties of lesser interest and start building a selection
of properties that can be organised into a future viewing itinerary. The
client feedback helps us better understand their requirements and we can
widen or adjust the search as necessary.
Client Viewing Itinerary Once the client is happy there
are enough properties to view to warrant a visit, we arrange an itinerary
with back-to-back viewings making the best time of the client’s
time. As part of an itinerary we will prepare background information as
to the pros and cons of each property so as to be fully prepared prior
to the viewing. During the visit, we can also assist with securing their
NIE or fiscal numbers and opening a Spanish bank account – both
necessary for the purchase of a property. We accompany the client during
the property viewings with the agents. Our role is to keep a perspective
and assist the client assess the relative merits of each property. It
could be useful to test to see if there is any flexibility in the price
of some of the properties. Even so, once a property becomes of interest
to the client, we would add our leverage to negotiate the best price,
and in some cases our client’s keep at a comfortable arm’s
length while we drive the best deal we can. At the end of each day we
review the properties seen and discuss how we can get the most from the
next day of viewings.
By the end of their visit, the client will have seen a large variety of
property that matches their criteria. If they wish to look into a particular
property in more detail we assist with our legal services, otherwise we
review the search criteria and decide how we need to proceed.
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