News
2024-12-18
⚡️ Introduction
In the complex world of property transactions, owners often find themselves in a vulnerable position due to certain practices by some real estate agencies that, whether out of ignorance or bad faith, can compromise their rights and interests. Such situations highlight a real issue: the lack of protection for consumers in their role as sellers.
💼 The Sales Mandate: A Misinterpreted Tool
The sales mandate is the instrument that legitimizes a real estate agency to act on behalf of the owner. While this document should serve as a cornerstone for establishing a clear and ethical relationship between the parties, its poor management can lead to significant conflicts.
When an owner decides to terminate the sales mandate with an agency, their decision must be immediately respected. This includes the cessation of all commercial and advertising activities related to the property. However, it is not uncommon to encounter situations where some agencies ignore these directives and continue to act as if they have authorization to manage the property, jeopardizing both the seller's reputation and financial interests.
🔒 The Impact on the Consumer-Seller
Such practices create a sense of powerlessness for the seller, who often has to dedicate time and resources to address situations they did not provoke. The most common consequences of these irregularities include:
🔄 Confusion among potential buyers: Interested parties may receive conflicting information, diminishing their trust in both the property and the seller.
💸 Financial harm: Unauthorized commercialization may negatively affect the market price or hinder the success of a formal sale.
⚔️ Stress and emotional fatigue: The situation can lead to interpersonal conflicts and a sense of recurring abuse.
📖 Professional Ethics: The Deontological Code as a Guide
The role of the real estate agent should be guided by strong ethical principles and a clear understanding of their legal obligations. According to the ethical and deontological code of the profession, agents must always act with loyalty to their clients and respect for other professionals in the sector. This involves:
✅ Respecting the client's will: Any change in the contractual relationship with the seller must be implemented immediately and without unjustified delays.
🔗 Avoiding unfair competition: Acting without authorization or disregarding a contract termination constitutes a flagrant violation of principles of collaboration and mutual respect.
🕵️♂️ Ensuring transparency and accuracy: Information provided to both the seller and potential buyers must be clear, precise, and based on the reality of the current mandate.
When an agency acts without respecting these principles, it not only infringes on the owner's rights but also jeopardizes its credibility and the sector's reputation.
🚨 The Need for Protective Mechanisms
Property owners must be aware of the mechanisms available to protect themselves in such situations. In Catalonia, the Register of Real Estate Agents and the Catalan Consumer Agency are key resources for reporting improper practices. These, combined with the possibility of filing complaints with professional associations, enable sellers to assert their rights.
However, these solutions are reactive and often come too late, after the damage is already done. For this reason, it is essential to promote a culture of prevention and ethical compliance within the real estate sector.
🏢 The Responsibility of the Real Estate Sector
The real estate sector has the responsibility to ensure that relationships between agents and consumers develop within a framework of mutual respect, transparency, and legality. Promoting good practices is not just a legal obligation but also a way to build trust and credibility.
To achieve this, it is crucial to:
🔧 Encourage continuous training: Professionals must stay up-to-date on current regulations and ethical principles.
🔒 Establish monitoring mechanisms: Competent authorities and associations must have effective tools to sanction behaviors that infringe on consumer rights.
✌️ Promote mediation: Disputes between professionals should be resolved quickly and respectfully, always prioritizing the client's interests.
💡 Conclusions
Property sellers, as consumers, should be able to trust that the professionals they work with will always act with integrity and in defense of their interests. When this does not happen, vulnerability becomes a reality that affects not only the owner's rights but also the sector's reputation.
The ethical and deontological code of the profession should be the unavoidable guide for all real estate agents, ensuring that every action is taken with respect, transparency, and responsibility. Above all, it is essential for both sellers and buyers to know their rights and demand ethical behavior at every stage of the process.
When the sector unites to guarantee these good practices, it contributes to building a safer, fairer, and more dignified real estate market for everyone.
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2024-11-14
🔒 The safety of working with a registered real estate agent: key to avoiding risks
When it comes to transferring a property, whether for rent or sale, safety must be a priority to ensure that the interests of consumers, users, and clients are properly protected. In Catalonia, it is mandatory for real estate agents to be registered and comply with the legal and professional requirements established to protect the parties involved. It is also important that those coming from outside Catalonia know that other autonomous communities may have similar regulations for real estate agents. You can check these requirements on the Generalitat de Catalunya website to understand what obligations and responsibilities they must meet.
✅ What should you check before trusting a real estate agent?
🔍 Verify the agent's registration: Every real estate agent operating legally must be registered in the official real estate agent registry of Catalonia. This registry ensures that the agent meets the necessary ethical and professional standards to offer their services transparently. You can access the registry through this official link to confirm the agent’s registration.
🛡️ Ensure surety and liability insurance coverage: A registered agent is required to have surety and liability insurance, protecting you in case of unforeseen events or malpractice. This gives you additional security and reduces financial risks, both in purchase-sale transactions and rental contracts.
📞 Contact the relevant association or board: Real estate agents are often affiliated with professional associations. This offers an additional layer of security, as these organizations ensure their members keep their knowledge updated and follow the best practices in the industry. A simple inquiry with the association can provide more peace of mind.
💳 Verify the agent's bank account: Before making any payment, make sure the agent's or their representing company’s bank account corresponds to the registered person or entity. This is a fundamental measure to avoid fraud and ensure that your payments go directly to the correct recipient.
🔎 Conduct thorough research: Before giving any funds or signing any documents, ensure the agent has been fully verified. Take the time necessary to validate their experience and reputation in the sector.
⚠️ Protecting yourself from fraud is a shared responsibility
While most agents work with the utmost professionalism, the reality is that there are cases of fraud, both in rental and purchase-sale operations. Working with a registered real estate agent protects you, but it is essential that you also take an active role in ensuring that the agent handling your property transfer does so with due diligence.
At the end of the day, your financial and legal safety is in your hands. Don’t hesitate to perform all necessary checks, because a safe investment begins with an informed choice.
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2024-10-26
🏡 Why is it important to hire a professional real estate agent exclusively as a seller?
Choosing the right real estate agent is crucial to ensuring a successful property sale. Often, the question arises whether it is better to hire an agent exclusively or try multiple agents. This decision impacts not only the sales process but also the quality of service the seller receives.
Just as when we hire a lawyer, the seller expects the real estate agent to work in their best interests. Hiring exclusively brings clear benefits in this regard.
📈 Exclusivity: Commitment, strategy, and marketing reach
Hiring exclusively is sometimes perceived as a limitation, but that is not the case. In reality, exclusivity allows the real estate agent to dedicate all their efforts to the seller’s property, developing a broad and effective strategy that includes various promotion and collaboration channels.
When an agent works exclusively:
🤝 Enjoys a network of collaborators and referrers: Exclusivity facilitates collaboration with other agents who can bring potential buyers, both locally and internationally.
🌐 Expands the scope of promotion: With an exclusive strategy, the agent can promote the property on national and international portals, global social media platforms, and real estate fairs, achieving maximum visibility, among many other actions.
📊 Takes advantage of local and global market opportunities: As the sole representative of the property, the exclusive agent can adapt their strategy according to the dynamics of each region, increasing the sales potential.
At Peralada.com, our exclusive contract includes a trusted network of collaborators, both national and international, to help find the ideal buyer and maximize the property's value.
💰 Concrete benefits of hiring exclusively
The advantages of hiring a real estate agent exclusively are clear:
🔒 Full commitment and dedication: An exclusive agent devotes time and resources to studying the client's needs and promoting the property with a well-structured strategy.
🎯 Personalized marketing strategy: Quality promotion with professional photography, digital marketing, and specific advertising to make the property stand out.
🌍 Ease of collaboration with other agents worldwide: With exclusivity, the property maintains a solid and consistent image that attracts serious and qualified buyers.
📈 Guaranteed economic return: Agents are more motivated to invest resources, knowing that their efforts will result in secured fees.
⚖️ Multiple agents: apparent appeal, but with risks
Although hiring multiple agents might seem to offer more visibility, this option often carries more risks than benefits:
⚠️ Inconsistent information dissemination: With multiple agents listing the property, it's common to see different descriptions and prices, creating confusion for buyers.
😕 Less commitment from agents: No agent can dedicate the same resources or attention to a property competing with others, thus losing impact.
🤷♂️ Detrimental internal competition: It can lead to sales strategies that are less favorable for the seller, reducing the property's value.
🧠 Buyers' perception of properties listed with multiple agencies
For buyers, seeing the same property listed with multiple agencies generates insecurity and distrust:
Suspicion of difficulties in selling the property: Repetition may lead buyers to think there are problems or a lack of interest.
Inconsistent information: Each agency may vary in price or description, affecting buyer confidence.
Perception of less commitment from agents: With multiple agencies, it seems that no agent is fully dedicated to selling the property with all their effort.
Opportunity for lower offers: Buyers might try a lower offer, thinking the owner wants a quick sale.
These perceptions make it clear that hiring exclusively helps the seller achieve better results in a safer and more transparent environment.
🔍 Differentiated needs of users, consumers, and clients
A client who hires an exclusive agent seeks trust and full commitment. The distinction between user, consumer, and client is key to a satisfactory sale:
👤 User: Someone who shows initial interest in the property.
🛒 Consumer: Someone who decides to buy, seeking guarantees and security.
🤝 Client: Someone who hires the services of an exclusive agent and receives personalized and exclusive attention.
🏆 Search, compare, and hire the best real estate agent
If you are considering selling your property, search for an agent who best suits your needs. At Peralada.com, we are convinced that our exclusive service represents the seller's interests with the utmost commitment.
As the slogan of Jabones Elena used to say: "Search, compare, and if you find something better, buy it." Choosing exclusivity is not a limitation but an opportunity to achieve the best results in selling your property.
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2024-09-17
The real estate industry is a competitive and dynamic environment, where success depends not only on closing quick deals but also on the ability to adapt to market changes and build a solid, long-lasting career. For many new agents, initial training makes the difference between becoming ethical, prepared professionals or getting trapped in unreliable lead generation systems that promise immediate results but provide little long-term value.
Today, we encounter a large number of trainers who define themselves as industry experts. Some of them have proven experience and notable success, but others lack the same reputation. In fact, it is concerning to see that there are trainers with little or no credibility, including former agents who have had legal issues for deceiving clients, consumers, and users, yet they continue to operate freely without any form of control or oversight.
The reality is that being a real estate agent requires much more than magical formulas or aggressive marketing strategies. 💼 A real estate agent doesn't just sell properties, but also rents them and often assists clients with one of the most important decisions of their lives: the transfer of a property. This job is based on persistence, continuous learning, and, above all, providing the right service to the client, consumer, and user.
💼 Client: The person who ultimately hires our services and pays our fees. They trust us to deliver concrete results and value our experience and professionalism.
🛒 Consumer: The person who will buy or rent the product we are selling on behalf of our client. They make the final purchase or rental decision, so offering them an exceptional service experience is crucial.
🔍 User: Someone who often seeks to benefit from our knowledge and services without a real commitment to hiring us. It’s important to identify these cases and manage them wisely to avoid wasting resources and time.
Good real estate agents understand that it’s not just about selling or renting properties, but about building strong, trustworthy relationships with all these groups. That's why good training should emphasize the clear differentiation of roles and the needs of each party involved, as well as a culture of constant learning and collaboration with other professionals.
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