Costa Rica Real Estate - Difficulty Finding the Right Broker
Scott Oliver
Costa Rica Real Estate - It's Difficult Finding the Right Broker It is difficult to find a qualified, knowledgeable and honest Costa Rica real estate broker.
Here's the Costa Rica real estate broker 'challenge':
In Costa Rica there is no Multiple Listing Service to speak of so trying to establish even a rough idea of what a piece of property is worth is extremely difficult. Take a look on the internet and you will often find the exact same property listed by different 'brokers' at dramatically different prices...
Seems to me that about half population call themselves 'Realtors' because any 'Tom', 'Dick' or 'Jose' can freely call themselves a real estate 'Broker' or a 'Realtor.' Remember that in Costa Rica you do not need any qualifications, training or experience whatsoever to call yourself a 'Realtor' and there is nobody watching over the people that do...
There is an organization of real estate brokers in Costa Rica that has a very basic training course however, very few people who call themselves 'Realtors' have even heard of it never mind belong to it ..
This means that when it comes to buying Costa Rica real estate which may be one of the biggest investments of your life, more than likely, you will be listening to 'expert' advice coming from someone with zero qualifications or training in real estate, who is trying hard to earn a sales commission selling you a property that could be dramatically overpriced... Sounds like a recipe for disaster and it can be!
There are a few excellent real estate professionals in Costa Rica but finding them is a significant challenge because guess what? These professionals have so much business they simply don't have the time to put up and maintain a website! So finding them on the internet just does not work!
What can you do? How do you ensure that you're not going to lose your shirt?
More so than in the more 'regulated and 'developed' real estate markets. In Costa Rica you simply must work with a trained, qualified and experienced real estate professional but, it has taken me over six years to find the small group of truly expert real estate professionals that my investment clients work with and I live here.
You can just imagine how difficult it can be for someone to find a qualified professional when they don't live here.
That's why we are here to help - To help you find the best real estate broker for you! If you have a serious interest in buying Costa Rica real estate and finding ther best broker in the area that's best for you, please insert your email address and answer the three little questions in the form below:
|