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Interesting post about NAEA, reminds me that Awful Estates are also no longer members of the rather ineffectual AIPP who generally are happy to take membership subs from anyone even with a history.
The whole trouble with Spanish and most overseas property selling is that there is no compulsory requirement it seems for agents/developers to join in order to regulate them properly so they get away with anything abroad.
Credibility could return somewhat if proper regulation was in place instead of Mickey Mouse memberships who are in it for money.
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@Paul wrote:
The whole trouble with Spanish and most overseas property selling is that there is no compulsory requirement it seems for agents/developers to join in order to regulate them properly so they get away with anything abroad.
does this not apply in the UK aswell? I don’t believe you have to join NAEA or any other similar group. Not according to the BBC3 anyway
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Some UK Estate Agents are incredibly sloppy and self seeking. There is an Ombudsman Office that was set up to protect the hapless victim of Agents in the UK. Not all Agents are members of the scheme.
http://www.oea.co.uk/
There is a very ‘professional’ sounding body called the National Association of Estate Agents operating out of a small office in Warwick but this seeks to be a sort of Estate Agents fraternity club. http://www.naea.co.uk/ -
Estate Agents generally are one of the most disliked bodies. however to describe the UK’s in the same light as Spain’s is a no contest, Spain rules the world for non regulation of the many scammers operating. Even now Spain does nada about future regulation of it’s agents, there’s also no transparency over their exhorbitant commissions unlike the UK.
At the end of the day, in the UK you can get a rogue or crook in Court within a year, in Spain? 5-7 years, by which time the bar stewards have done a bunk and cost you plenty.
Spain’s Gov’t allow their crooks to continue to operate with impunity so long as the Gov’t continues to collect stamp duties and other taxes even on illegal builds, turning a blind eye to backhanders etc, how many illegal builds are sold by agents in the UK?
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Fuengi are you really comparing the two countries’ agents as similar?
No-one is contradicting you, it’s just that there are procedures in the UK whether it ‘s through the Courts, and even the NAEA’s ineffectiveness will still remove the rogues of which there are less off than in Spain. They will appear to act if told of problems whereas the inept AIPP, FOPDAC etc for overseas agents are happy to take subscriptions from any unscrupulous agent even with a bad history.
Some while ago, Your Move large UK agent dropped Ocean Estates from it’s preferred overseas partner because of it’s history, and to preserve it’s own integrity. Incidentally, on Eye on Spain ex Ocean employee and others are trying to sue Ocean for non payment of wages, in the UK it’s doubtful a Company could get away with that for as long as they have.
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Fuengi are you really comparing the two countries’ agents as similar?
actually yes. Most people on this forum have never said to me that uk agents are better, more honest, etc.. they always comment on how much easier it is to take them to court, etc…
No-one is contradicting you, it’s just that there are procedures in the UK whether it ‘s through the Courts, and even the NAEA’s ineffectiveness will still remove the rogues of which there are less off than in Spain. They will appear to act if told of problems whereas the inept AIPP, FOPDAC etc for overseas agents are happy to take subscriptions from any unscrupulous agent even with a bad history.
Actually I believe FOPDAC is being taken over by NAEA. I don’t know enough about these non-spanish organisations to commet. Although from from i heard about AIPP on this site i’m usre your right.
Some while ago, Your Move large UK agent dropped Ocean Estates from it’s preferred overseas partner because of it’s history, and to preserve it’s own integrity. Incidentally, on Eye on Spain ex Ocean employee and others are trying to sue Ocean for non payment of wages, in the UK it’s doubtful a Company could get away with that for as long as they have.
Yes Ocean was only dropped at the end of the boom though. Its cost vs benefit. As long as its more of a benefit, people will use/recommend companies like Ocean because they’ll make money.
It is actually very difficult for a company not to pay wages due in spain. Its alot harder to fire staff aswell. Problem in these cases is either the staff never had a contract or were autonomos. In both cases if all the paperwork was done correctly & legally it takes only a few months to get your outstanding.
I’m not saying spanish courts could not be faster, they are moving in that direction, it will take quite a few years before they are there.
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