The listing of properties for sale or rent on the Costa del Sol Real Estate market is almost always done without exclusivity agreements with real estate agencies. This means that many agencies and agents can market the same properties, and an advertisement may appear on different portals or advertising channels.
The Real Estate agent will have access to practically all the properties on the market on Costa del Sol. Having this in mind, you don’t need to work with multiple agents simultaneously, as a good agent will know how to find the right property for you.
This is why it’s important to choose an agent you trust, who will listen to you, identify your needs, and understand your budget, allowing them to search for the listings that best suit your profile.
The agent’s work is not limited to searching for properties. The agent will also negotiate the price and other conditions and formalize the reservation agreement reached between buyer and seller through the signing of a reservation document and payment of an initial deposit by the buyer.
Returning to the analysis of the real estate market on the Costa del Sol, there is currently more demand than offer, so, in general, the selling position tends to be stronger than the buying position. Properties in competitive conditions sell very quickly, and finding bargains is very difficult now a days. As a buyer, understanding this issue is important, as it will influence the negotiation: it is highly likely that not all of the buyer’s requests will be accepted by the seller, for the simple reason that other buyers are either willing to pay a higher price or to purchase with fewer conditions. Therefore, it is important to establish, together with the agent, which conditions constitute “deal breakers” (for example, the need for financing or the purchase for vacation rental purposes) and which are just expectations or desires, in order to conduct a quick and efficient negotiation.
At this stage of the process, it is important to act quickly, as in many cases the seller will receive more than one offer at the same time, and the offer that was formalized most quickly will get the deal.