Does anybody know if there are legal limits to the commissions that agents can charge on top of developer off-plan prices when selling to buyers? I have found out that a certain agent added €32,000 commission to properties priced by the developer at €83,000, giving a total price of €115,000. This is approx 40%!!
There must be laws against this sort of abuse to protect off-plan buyers?
Anybody know what consumer law says in Spain on the matter? Any success stories in getting compensation for such price inflation either through the courts or directly with the agent? Or getting the developer to reduce the agreed purchase price on completion?
Thanks
Ed.