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Do I need a lawyer when sellling my property?

Do I need a lawyer when sellling my property?

Old Feb 23rd 2010, 9:39 pm
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Default Do I need a lawyer when sellling my property?

If I manage to find a buyer for my house, I am trying to work out the costs involved. The only cost I cannot work out is the legal fees.

I have read that there is not much to do when selling and lawyers seem to want to charge 1% of the selling price.

Do I need a lawyer?

Do the agents do some of the work?
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Old Feb 23rd 2010, 10:10 pm
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Default Re: Do I need a lawyer when sellling my property?

Originally Posted by pampasgrass
If I manage to find a buyer for my house, I am trying to work out the costs involved. The only cost I cannot work out is the legal fees.

I have read that there is not much to do when selling and lawyers seem to want to charge 1% of the selling price.

Do I need a lawyer?

Do the agents do some of the work?
Technically you don't, however all the paperwork has to be drawn up and that is not that easy, especially if you are not experienced in any way. It is more important to have one if you are buying.
Most Gestors do it and they tend to be a bit cheaper.
This is Spain and property can get very complicated and this is a lot of money we are talking about, my advice, get proper legal advice.
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Old Feb 23rd 2010, 10:14 pm
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Default Re: Do I need a lawyer when sellling my property?

I would agree with that. Lawyers are expensive and unnecessary as a Gestor is well trained to do all that is needed.
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Old Feb 23rd 2010, 10:15 pm
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Default Re: Do I need a lawyer when sellling my property?

Thank you, yes, I was thinking about a gestor.
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Old Feb 23rd 2010, 10:54 pm
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Default Re: Do I need a lawyer when sellling my property?

All I would add is please make sure that you have someone you are comfortable with doing the translating for you if you do not understand Spanish.
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Old Feb 23rd 2010, 11:12 pm
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Default Re: Do I need a lawyer when sellling my property?

Originally Posted by pampasgrass
I have read that there is not much to do when selling and lawyers seem to want to charge 1% of the selling price.?
Where did you read that???? I have been quoted a flat fee 1,000€
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Old Feb 23rd 2010, 11:34 pm
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Default Re: Do I need a lawyer when sellling my property?

Originally Posted by missile
Where did you read that???? I have been quoted a flat fee 1,000€
In our our area it is 1% of the selling price or a minimum of €1000
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Old Feb 23rd 2010, 11:50 pm
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Default Re: Do I need a lawyer when sellling my property?

Not required but recommended unless you have 100% confidence in your gestor.
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Old Feb 24th 2010, 1:56 am
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Default Re: Do I need a lawyer when sellling my property?

Originally Posted by Rotor
Not required but recommended unless you have 100% confidence in your gestor.
Are you implying that Gestors are unreliable?
That may be your own experience but doubt it is based on any fact.
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Old Feb 24th 2010, 2:03 am
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Default Re: Do I need a lawyer when sellling my property?

Originally Posted by twistedmelon
Are you implying that Gestors are unreliable?
That may be your own experience but doubt it is based on any fact.
some are some aren't surely?

just like any other profession

a gestor near here was implicated recently in a fairly extensive illegal build scandal
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Old Feb 24th 2010, 2:04 am
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Default Re: Do I need a lawyer when sellling my property?

Originally Posted by twistedmelon
Are you implying that Gestors are unreliable?
That may be your own experience but doubt it is based on any fact.
Many are unreliable, many have no formal training ,some are dishonest, thats my first hand experience so it`s also a fact..
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Old Feb 24th 2010, 2:15 am
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Default Re: Do I need a lawyer when sellling my property?

Originally Posted by Rotor
Many are unreliable, many have no formal training ,some are dishonest, thats my first hand experience so it`s also a fact..
The same applies to many solicitors also.
You did not say in your first reply "in your experience".
I do not think it fair to the OP (given his question) or to Gestors to claim that they cannot be trusted, because that is not factual information.
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Old Feb 24th 2010, 7:38 pm
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Default Re: Do I need a lawyer when sellling my property?

Originally Posted by twistedmelon
The same applies to many solicitors also.
You did not say in your first reply "in your experience".
I do not think it fair to the OP (given his question) or to Gestors to claim that they cannot be trusted, because that is not factual information.
Not all of them can be trusted so it is factual
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Old Feb 25th 2010, 3:26 am
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Default Re: Do I need a lawyer when sellling my property?

Originally Posted by lynnxa
some are some aren't surely?

just like any other profession
Just like anyone. Some can be trusted others can't, now that's a fact.
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Old Feb 25th 2010, 4:07 am
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Default Re: Do I need a lawyer when sellling my property?

Be careful...be VERY careful. Friends of ours bought a house, lived in it for 4 years then sold it. They moved out while the paperwork was going through and the Spanish guy they had bought from moved a relative in and said he still owned it. Obviously the sale had to be aborted and they (well she...he has since died, sadly) are still trying to establish what happened and how.
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