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Estate Agents In Portugal (Mediação Imobiliários)

Useful Information

Interesting Facts About Estate Agents in Portugal

 

Unlike the United Kingdom where no professional qualifications are required to sell real estate, in Portugal all estate agents must be licensed and registered.

This provides safe guards for both buyers and sellers of property in Portugal. To attain a license an agents must be able to provide proof of their professional qualifications as well liability insurance.

All registered agents must display an AMI number (Associacão de Mediadores Imobiliários), which is issued by the governing body, INCI (Instituto da Construção e do Imobiliário ).

In addition to display their license estate agents in Portugal must ensure all their promotional literature including advertisements, websites and letterhead, includes their AMI number.

Checking out an Estate Agent in Portugal

Don't be fooled into thinking an agent is registered and legal though just because they have the words Mediacão Imobiliaria in their company name, or indeed display an AMI number. There have been cases when an agent sets up shop and creates his/her own number.

You can double check and it is worth while doing so, the professional credentials of all legal estate agents in Portugal online on INCI's website - Licença da Mediação Imobiliaria.

As well as researching an area,  you can immediately identify from the trading name whether or not the company you are considering contacting, is actually a legal agent. You may think this a precaution too far. Unfortunately it is not. As we have state above a legal agent is duty bound to advertise their AMI numbers on ALL literature including websites, for sale boards and within their offices.

By simply including the word 'Mediacão Imobiliaria' in the name of their company does not mean they are a legal agent. Check the company here to ensure you are covered. If they are not listed, to ensure no one else is subjected to this form of fraud, contact INCI and report the fraudsters to ensure no one  From the drop down menu choose the district (Districto) and locale (Concelho), then press pesquisar. All licensed agents will then be displayed for this area.

Agents must carry an INCI identity card and they will not be offended if asked to show it.

Estate agents in Portugal are usually paid by the seller. Depending upon the agent and the location commission fees vary and can be anything from 3-6% of the sale price and in some cases agencies will charge a fixed fee.

Estate Agents in Portugal
 
Chavetejo Estate Agents, Tomar, Central Portugal

Tomar, Central Portugal

 

Algarve Homes Lda

Faro, Algarve

Algarve Eden Properties

Albufeira, Algarve

 
 
 

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