I’ve read through all I can but I’m still not sure of the answer to the following. Sorry if I missed it.
I’m about to buy a property in the province of Granada. It is advertised for ?134000.
When I asked about who pays the Estate Agent commission the Agent said it is normal for the buyer and seller to pay half each, in this case a total of ?5000 plus 16%.
Does this sound right?

AntonD - 01 July 2008 11:59 AM

When I asked about who pays the Estate Agent commission the Agent said it is normal for the buyer and seller to pay half each, in this case a total of ?5000 plus 16%.
Does this sound right?

It does sound right for last 3 yrs, but now the market is dead, I wouldn`t pay those fee`s.

In the current situation in Spain, I`d insist they paid all the fee`s and if they couldn`t negiotiate at least, I`d walk away.

There is too much on the market not selling at the moment, so I`d shop for the best and cheapest prop possible.