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Real estate in Portugal and the US: first-person differences

Real estate in Portugal and the US: first-person differences

Real estate in Portugal and the US: first-person differences
and through their circle of influence. Offices do not provide leads, as in most cases agency brokers also sell real estate and are our direct competitors. In Portugal, scales are part of the motivation system for real estate consultants. This means that the more transactions they perform, the higher their commission will be.
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In the US, there are no such scales, and the commission is usually set separately for each transaction.In general, real estate in the United States and Portugal has its own peculiarities and differences. In the United States, there is an MLS that facilitates access to offers and provides complete information about the property. Lockboxes are also used to access real estate. In Portugal, scales are used to motivate consultants and commissions are often paid by the client-seller when concluding a purchase and sale agreement.These differences in systems and approaches to real estate can be important factors when working in the industry in both countries.

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Irina Nikolaeva

Sales Director, HataMatata