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| Property Sales/Rental Advice Forum for advice about property sales or rentals in Italy - recommendations and comments. |
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Ariatica
Your advice is logical, but not all correct. The sale of my property was a split between an agent & the company calling themselves mediators, who in fact, proved not to be. I got caught with illegal additions, despite an agent being involved, because the vendors made a false declaration about the age of the property & in my contract the individual parts were actually specified. A very important reason to use a registered Estate Agent & I can't say this too strongly, is because they have to have indemnity insurance, which of course means; that you are more likely to receive damages if anything goes wrong. Just as in England, anyone who carries out a task, for which they are paid, has a duty of care & are therefore liable under the law, to pay compensation as a result of damage or negligence. It just makes it a bit more difficult. In my case, the vendor, agent, architect who carried out the survey & the company which actually sold me the property, are all joined in the one action. Hope this is useful Karen Vecchia Casa |
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Not me!! I've been on spring break. Just getting back up to speed in regards to the forum. Frank |
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Where does that leave the official role of Intermediary. My understanding is that they are licenced (inscritto) to sell property in the same way that estate agents are. What I would like to know is; how they achieve that role, meaning do they have to be trained etc? In other words, who can become an Intermediary? Do they have to have indemnity insurance as agencies do?
Once the above is clearly set out, then we can establish how to determine which Intermediaries are licenced in their role & which ones are misleading the public. Also ask to see their insurance (indemnity) policy. In England companies by law have to display the Health & Safety Regs & the renewal of their insurance policy, but not sure if it's an indemnity policy, think it must be. Soon, those in Italy selling property aren't going to be rubbing their hands together when they see the British coming. They are going to have to pull it all out: contracts, docs, qualifications, plans, indemnity insurance, certificates....... Look out, look out the British are coming!!!! Lavender Field |
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There is no role of 'Intermediary' in the property business in Italy other than the officially recognised role of Estate Agent. Some companies operating in Italy get round this by operating under the 'umbrella' of an official estate agent but doing most of the footwork for them in terms of finding buyers and explaining the in-and-outs of buying, while leaving the Italian agent to cope with the paperwork and negotiations. Sometimes this works ot the benefit of all concerned.
Where the confusion arises is that the role of 'intermediary' that you mention is intended to mean someone who helps a buyer and seller reach an amicable agreement, not, by any means, someone who helps a buyer and an estate agency reach an amicable agreement! As has been said before, people should never pay anyone but a registered estate agent for any kind of intermediation service, and if they're paying a registered agent, they have a right to deal directly with the agent and benefit from their training and experience, even if they found the house through a 'middleman'. |
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Marc
Who is inscritto to be an Intermediary & what does that mean. The Chamber of Commerce made me believe a person with that title can sell property. Help, your reply is a bit confusing. Thanks Lavender Field |
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