How do property finder services in Mallorca work?

February 27, 2009 // Posted in Mallorca property finders  

I sometimes get asked how Mallorca Property Partners works. We do not work for the property vendor, we are a property finder service that works for you as our client, but we charge no fee. So how do we make any money?

The answer is straight-forward. As our name suggests, Mallorca Property Partners works in partnership with a carefully selected network of estate agents covering all locations in Mallorca. We have agreements with them to share part of their commission when a sale is made.

This is distinct from conventional property finder services who will charge you a fee to search for properties. This can be 1% or 1.5% of the total sale price of the property, so can be a significant amount. They will say that you will make this up through the savings they will generate by applying their knowledge and experience to the negotiations. Whilst that might be true, MPP will do the same, so you can get this benefit at no cost to yourself what-so-ever.

This works well as we are totally independent. We are not tied to any estate agent and can work with those we find have the best coverage of properties in the part of Mallorca they specialise in. We also only work with estate agents who are pleasant and professional to work with.

There are companies now operating in Mallorca who offer a similar “me too” service to Mallorca Property Partners. Mallorca Property Partners was, however, the first. Consequently we offer an unrivalled depth-of service, professional expertise, contacts, and coverage of the best properties on the island.

Furthermore, companies offering similar no-commission property finder services in Mallorca tend to require a “commitment fee”. The purpose of this is to cover their expenses and to bind you into using their service. To some extent this is fair as there is a lot of work that goes into finding you the right properties.

We prefer however not to charge you anything at all at any stage. Rather, MPP stands on the quality of our service. If we are not finding the right kind of properties for you then, of course, you should be free to go elsewhere. All we ask is that you give us fair chance to prove how effective we are without firing off enquiries to lots of conventional estate agents at the outset as this serves only to confuse matters and is really a waste of your time. The point of our service is to apply our expertise to take your search process to a whole new level.

We think you will be very happy with the result from the outset. This is why Mallorca Property Partners has been able to operate this way, successfully, for over nine years.

You can read more about the different aspects to our services on our website here : more about Mallorca Property Partners. This part of the website is currently being rebuilt to add a broader range of useful information, but the current pages give you plenty of information on the service we offer. If you would like more detail or have any questions at all please do not hesitate to email us.

Further information

More about our Mallorca property finder services

About property finders in Mallorca

This entry was posted on February 27, 2009 at 9:39 pm and is filed under Mallorca property finders (Tags: , , , , , ). You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Comments (1)

Leave a Reply (name & email required)