Reasons why collaborating between agencies benefits everyone and reduces the risk of scams.

Tuesday, 27 August, 2024

**Collaboration Between Real Estate Agencies: Benefits for All and Fraud Reduction**

Collaboration between real estate agencies is not only a beneficial practice for everyone involved in the buying and selling process, but it is also an effective strategy to reduce the risk of fraud. This collaboration allows the pooling of resources, experiences, and knowledge, resulting in safer and more efficient transactions. Below, we explore the main reasons why this collaboration is essential for agencies, buyers, and property owners alike.

### Benefits for Real Estate Agencies

1. **Increased Reach and Business Opportunities**: By collaborating, agencies can expand their network of contacts and available properties, increasing the chances of finding the right client for each property. This is particularly useful in specific markets like Mallorca, where having a broader inventory can be the key to closing more sales.

2. **Sharing Knowledge and Expertise**: Each agency has its own set of skills and market knowledge. By working together, they can share these strengths, which enhances the quality of service offered to clients. Collaboration also fosters a continuous learning environment among professionals.

3. **Efficiency in the Sales Process**: Collaboration allows agencies to divide tasks and manage operations more efficiently. This not only speeds up the sales process but also improves the customer experience, who benefits from faster and more personalized service.

### Benefits for Buyers and Property Owners

1. **Access to a Larger Selection of Properties**: Buyers benefit from a wider variety of options when working with agencies that collaborate with each other. This allows them to find the property that best suits their needs and budget without having to interact with multiple agencies separately.

2. **Safer Transactions**: Collaboration between agencies, especially on platforms like **portalreu.com**, the first real estate portal in Mallorca with zero fraud risk, ensures a safer buying and selling process. By joining forces, agencies can better verify the authenticity of properties and the legitimacy of transactions, significantly reducing the risk of fraud.

3. **Comprehensive and Transparent Advice**: Property owners looking to sell their properties also benefit from collaboration between agencies. They receive more complete and detailed advice, and the sale of their property is managed with the utmost transparency and professionalism.

### Portalreu.com: Guarantee of Success and Security

**portalreu.com** stands out in the Mallorca real estate market as a platform that facilitates collaboration between agencies with the highest guarantee of success. By operating with a focus on security and transparency, it becomes the perfect ally for those looking to conduct real estate transactions without worries. This portal has created an environment where fraud simply has no place, providing peace of mind to both agencies and clients.

In summary, collaboration between real estate agencies is a strategy that benefits all market participants. It not only optimizes resources and improves customer service but also plays a crucial role in reducing risks and protecting against potential fraud. With specialized platforms like **portalreu.com**, buying and selling properties in Mallorca becomes a safe, efficient, and successful experience.

Thursday, 21 April, 2022

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The purchase of housing by foreigners sweeps the Balearic Islands

Thursday, 21 April, 2022

Foreigners are rushing to buy homes in the Balearic Islands. According to data from the General Council of Notaries published, sales to the public from outside Spain soared 81.5 percent in the second half of 2021, making the archipelago the leading community in this respect.
Regarding average home prices, in the Balearic Islands they grew by 9.3 percent in the second half of 2021, to...

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The reference value of the Cadastre, Law 11/2021 on measures to prevent and fight against fraud

Monday, 28 February, 2022

his law came into force on July 11, 2021 but it was not applied until January 1, 2022 that the new reference value of the cadastre is applied, this being the tax base for taxes such as ITP, inheritance tax or donations.
It is no longer the real value of a property that determines the taxable base of these taxes, but its market value, which is determined from the real estate reference...

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Compensation for termination of the lease Art. 34 of the LAU.

Monday, 28 February, 2022

«BOE» no. 282, of 11/25/1994. Law 29/1994. of November 24, of Urban Leases
Entry into force:
01/01/1995
Article 34. Compensation to the tenant.
The termination due to the expiration of the conventional term of the lease of a farm in which during the last five years a commercial activity of sale to the public has been carried out, will give the lessee...

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Holiday rental licenses in the Balearic Islands.

Monday, 28 February, 2022

On Friday, February 18, the Balearic Government issued Decree Law 3/2022, of February 11, on urgent measures for the sustainability and circularity of tourism in the Balearic Islands, in which, among many measures, there is a moratorium or prohibition of new tourist accommodation places during the next four years.
In the first additional provision, the suspension of the acquisition of...

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"If Palma limits the rental price, a part will be paid with black money"

Thursday, 17 February, 2022

Palma City Council's claim to promote effective control of housing rental prices creates the risk of promoting the circulation of black money in the real estate market. This is how the employers' organization Pimem considers it, and it does so by appealing to a specific case: if the maximum amount that the owner can charge his tenant is 900 euros, there will be situations, according to...

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The sale of homes in the Balearic Islands returns to the figures prior to the 2008 crisis

Friday, 28 January, 2022

The Balearic property market is undergoing a revolution in many ways. While only 1% of rental homes in Palma fall below 600 euros, the sale of homes registered its best month of November since 2007, with figures close to the years prior to the global crisis. In the eleventh month of 2021, the Islands recorded 1,496 operations to buy and sell homes. Compared to the same month a year ago,...

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House prices rose 3% in 2021 with the Balearic Islands leading the way

Tuesday, 04 January, 2022

The cost of construction of new construction has registered an increase of 15.6% in the last year, up to 2,551 euros per square meter. Despite the price boom, the Real Estate Confidence Index grew to 53.1 points out of a hundred. Housing does not escape inflation. The average house price registered an increase of 3% in 2021, up to 2,551 euros per square meter per month, according to the Real...

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Why is a property better sold with a VIRTUAL TOUR?

Friday, 05 November, 2021

On many occasions we have to sell a property that is inhabited and every time we have a client, they want to see the house to position themselves and see if it can fit their needs.
This action causes two situations:
The most cumbersome is for the inhabitants of the house, since they have to show their tidy house to each client that comes with the real estate agency. If the...

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Why are houses in Mallorca so expensive?

Thursday, 14 October, 2021

The builders point out three factors mainly

Access to housing is one of the main problems that the citizens of Mallorca have. Faced with this situation, many people wonder why homes on the Island are so expensive, compared to those sold on the Peninsula.
The manager of the Balearic Builders Association, Sandra Verger, explains that the...

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