FSBO (For Sale By Owner) – The Modern Internet Property Selling Method
Combine Both Property Selling Options – The Best of Both Worlds!
Portuguese Estate Agents – The Traditional Property Selling Option
Many Estate Agents in Portugal do provide you with a professional service, however most of them don’t like to work with other real estate agencies and up to this date there is no multi-listing service that exists. To increase your chances of selling your property through a real estate agent, you should consider registering it with various estate agents. The process of listing your property with local estate agents can quickly become very time consuming, frustrating an costly.
As a property seller you will typically have to pay a 5% commission plus 23% IVA (VAT), which is a very high percent of both your selling price and a big chuck out of your capital appreciation, see the table below:
|
Your Property Value |
Estate Agent’s Commission (5%) |
+ IVA (VAT) 23% |
Total Payment to Estate Agent |
|
€100,000 |
€5,000 |
€1,150 |
€6,150 |
|
€200,000 |
€10,000 |
€2,300 |
€12,300 |
|
€350,000 |
€17,500 |
€4,025 |
€21,525 |
|
€500,000 |
€25,000 |
€5,750 |
€30,750 |
|
€1,000,000 |
€50,000 |
€11,500 |
€61,500 |
FSBO – The Most Cost Effective Internet Property Selling Solution
By advertising yourself on AlgarveHomesFinder.com you are giving your property maximum exposure for a low cost flat fee and getting access to a quality and unique choice of property selling services specifically designed to simplify your life. Because we specialize only on properties for sale in the Algarve, we are highly ranked with all the major search engines for the most popular keywords and searches used on the Internet by potential buyers of a property for sale in Portugal and the Algarve alike.
At AlgarveHomesFinder.com we do not just offer you a great platform to showcase your property for sale in the Algarve to thousands of active potential buyers every month, we also offer you a complete set of information, tips, guide and advice that cover the legitimate concerns and questions you may have when selling your property direct in Portugal. See our sections: Seller’s Guide, Property Advertising Guide, Property Selling FAQ’s.
From the moment you list your property with us until the day your property is sold, AlgarveHomesFinder.com will give you independent professional advice gained from many years of experience in real estate in the Algarve.
Combine The Property Selling Options – The Best of Both Worlds!
You are not compromising your contract with your agent if you promote your property yourself, AlgarveHomesFinder.com is an advertising medium / promoter, if you find a buyer yourself you should not be obliged to pay the estate agent’s commission.
In the current Portuguese property market more people now want to sell quickly and the market is flooded with properties for sale while the number of active buyers is not increasing. To gain the maximum number of advantages over other sellers, an ever increasing number of clients prefer to use both options to sell their property.
In Portugal the standard sales agreement you sign with the agent is not exclusive, so you are free to also list and sell your property directly through our FSBO (For Sale By Owner) service, giving you the maximum advantage over the other sellers. To help you even further, we have created a unique “Multi-Agents Listing Service” that will remove all the hassle of doing it yourself.
When living abroad you can agree with your key holder or property management company to open your property for clients who wish to visit it. You can also come to an arrangement with your appointed estate agents to reduce the commission if you find the buyer for them, in which case you just forward the potential buyer directly to your preferred estate agent and they will show the property for you.
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