Frequently asked questions

How to tell if a real estate agency is reliable?

How to Identify a Reputable Estate Agency: Trust Indicators with Sky Real Estate

When it comes to making important decisions in the property market, such as buying, selling or renting properties, choosing a reputable and trustworthy estate agency is essential. In this article, we offer valuable advice on how to recognise a reputable estate agency and how Sky Real Estate, with its strong presence across Spain and headquarters in Madrid and Mallorca, meets the highest standards of professionalism and excellence.

Indicators of a Reputable Estate Agency:

Before trusting an estate agency to assist you with your property transactions, consider the following indicators of reliability:

  1. Licence and Legal Registration: A reputable estate agency must be properly registered and hold the necessary licences to operate in the property market.
  2. Experience and Track Record: Research the agency's track record and experience. Sky Real Estate has a solid presence across Spain, backed by years of experience in the property sector.
  3. Team of Professionals: A reputable estate agency has a team of trained professionals specialising in different areas of the property market.
  4. Property Portfolio: Sky Real Estate offers an extensive portfolio of properties across Spain, demonstrating its reach and ability to meet diverse client needs.
  5. Transparent Communication: Transparent communication is essential. Sky Real Estate is committed to providing clear and accurate information at every stage of the process.
  6. References and Testimonials: Look for references and testimonials from previous clients. Sky Real Estate's positive market reputation is a testament to its reliability.
  7. Professional Advice: A reputable estate agency will offer professional advice and be ready to resolve any questions or concerns you may have.
  8. Compliance with Regulations: Sky Real Estate operates in full compliance with all legal rules and regulations in the property market.

Why Choose Sky Real Estate?

Sky Real Estate stands out as a reputable and trustworthy estate agency across Spain, with a presence in Madrid and Mallorca. Our commitment to excellence and personalised service sets us apart in the market. We offer:

  • An extensive portfolio of properties in various locations.
  • A team of highly trained professionals.
  • Transparency at every stage of the process.
  • Solid experience in the property market.
  • Specialised advice across all your transactions.

When choosing an estate agency, reliability and trustworthiness are paramount. Sky Real Estate, with its presence across Spain and headquarters in Madrid and Mallorca, meets all the criteria of a reputable estate agency. Trust us to provide an exceptional service and professional advice for all your property needs. Contact us today and discover how Sky Real Estate can be your reliable partner in the exciting world of the property market!

Legal framework for paying fees according to transaction type

Comparison of legal obligations applicable to real estate fees and brokerage charges.

  • Transaction type

    Primary residence letting

    Legal allocation of management fees

    Solely payable by the landlord

    Applicable regulations

    Law 12/2023 (amendment to art. 20.1 LAU)

  • Transaction type

    Residential purchase and sale

    Legal allocation of management fees

    Freely agreed between parties as set out in the engagement letter

    Applicable regulations

    Civil Code (art. 1255) and Royal Legislative Decree 1/2007

In sales transactions, fee distribution is governed by the contractual agreement signed in the engagement letter or mandate.

Fuente: BOE: Ley 12/2023, de 24 de mayo

Frequently asked questions

Is it mandatory to have written pre-contractual information before hiring an estate agency?
Royal Legislative Decree 1/2007 establishes that, in consumer contracts, the business must provide clear written pre-contractual information on a durable medium regarding the total price, expenses and features of the service before formalising the agreement.

Fuente: BOE, art. 60 TRLGDCU

Is there an Official Register of Estate Agents in the Comunidad de Madrid?
Yes, in the Comunidad de Madrid there is a Register of Estate Agents, regulated by Decree 130/2018. It is voluntary and aims to accredit the solvency, professional qualification and guarantees of intermediaries to users.

Fuente: Comunidad de Madrid, Decreto 130/2018, de 28 de agosto

Who must pay the estate agency management fees when renting a primary residence?
According to Law 12/2023 on the right to housing, agency management and tenancy contract formalisation fees for primary residences are borne entirely by the landlord.

Fuente: BOE, Disposición final 1ª Ley 12/2023 (modificación art. 20.1 LAU)