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The Real Estate Commission in Mallorca: who pays what and the Pros and Cons of For Sale By Owner

Estate agency fees are a contentious issue in Mallorca. As there is no government body to regulate real estate agencies in Spain nor is there any regulation on fees and commissions, property sales fees can be anything between 3% and 6% of the final sale price which could mean as much as €12,000 in commissions on the sale of €200,000 property. The agency fee can be added to the total sale price or...

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