A professional real estate agent: its importance
Umida Lumsden
Umida Lumsden
A real estate agent is a consultant specializing in the purchase and sale of residential and commercial real estate. The guidance of a Real Estate Advisor is the key when acquiring property because he knows the sector’s financial, tax, and legal environment. An experienced agent will answer the questions of your clients and will have the knowledge, contacts, and resources necessary for the sale transaction to be successful.
Who pays the agent's fees?
In a property sale and purchase transaction, there are, in general, two agents involved, although it is common to find a mediating agent who manages both parties.
Usually, the person who sells the property is responsible for paying the agent's fees. Fees are between 3% and 6% of the sale price, generally. It means that the buyer does NOT pay the commission and should not worry about this.
However, there are communities in which both those who sell and those who buy pay. Also, if the buyer hires a personal shopper, they must pay fees throughout the territory since it is an extra service that adds value to the exclusive management of the buyer.
With a commitment to excellence, personalised service and an in-depth understanding of the Palma property market, Umida Lumsden guides her clients through every stage of the buying and selling process.
Her approach combines professional advice, commercial insight and advanced real estate marketing strategies to showcase each property at its best, highlight its unique features and connect with the right buyers.
For homeowners looking to sell, Umida develops a tailored marketing strategy designed around the individual characteristics of each property, ensuring an exceptional presentation and maximising its appeal in the market.
For those looking to buy, she offers a discreet and personalised service, identifying opportunities that match their preferences, lifestyle and objectives, with the aim of finding more than just a property: a place to call home.
Her philosophy is built on trust, transparency and dedication, delivering a seamless and professional real estate experience that exceeds expectations.
Because every property is unique, and every client deserves exceptional service.
Steps in the process of buying a property.
A brief and simplified explanation of the process of buying a property.
What do I need to know to apply for a mortgage loan?
A home loan or mortgage consists of obtaining money to buy, refinance or improve a home.
A mortgage loan? Cash?
The payment method to purchase a property will depend on the amount of money you have to invest and your mortgage debt capacity.
