30 Dec Real Estate Personal Shopper: Buy your house without stress and without touring the whole city
The profession of real estate personal shopper (PSI) is relatively recent, originating in Anglo-Saxon countries where it is known as “real-estate buyer agent”, and has gained popularity in our country’s real estate sector. This role specializes in assisting the buyer throughout the entire process of purchasing a property, and their main clients are usually foreigners. This real estate professional handles all necessary tasks, from searching for the property to the public deed of sale, and, if needed, renovating the property. At Barcelona Flat Hunter, we explain how you can buy your house without stress and without touring the whole city by hiring the services of a PSI.
Although the term “personal shopper” is traditionally associated with the fashion industry, its use has evolved to include the real estate sector. There are already various companies in Spain offering these services, mainly targeting international buyers who seek to acquire a property for living or as an investment. These clients, unfamiliar with the local market, rely on the personal shopper to manage the entire process.
The main difference between a real estate personal shopper and a traditional real estate agency is that the former works exclusively for the buyer, not the seller. Additionally, the commission is set based on the services required by the client, and these are the most common:
● Define search criteria and budget.
● Translate documentation into the client’s language.
● Conduct a full technical and legal due diligence of the property.
● Negotiate the purchase price.
● Facilitate the management of taxes associated with the purchase (ITP, VAT, IBI, among others).
● Handle the bilingual drafting of the offer document and the earnest money contract and review the public deed of sale.
● Coordinate the renovation and decoration of the property, if necessary.
● Manage the rental of the property if the client so desires.
This professional, therefore, offers a comprehensive and personalized service that facilitates all the procedures involved in acquiring a home for the buyer.
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