Re: commission



Is there actually anything in law about the maximum commission that estate agents in Spain should charge?
There is a professional organisation called API (Agente de la Propiedad Inmobiliaria) which seems to be the most respected estate agency organisation in Spain – they insist that their members carry PI insurance and they say that the fees that their agents charge are “regulated” but I cannot find out in what way or to what limit.
Of course, barfly estate agents will always operate above any law but I would still be very interested to know the answer for future reference. Thanks.