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About ForSaleByOwnerInSpain

ForSaleByOwneInSpain is a next generation real estate services company that combines both online and offline property listings, directly connecting buyers and sellers of homes without charging a broker commission. Alongside its profitable premier Internet guide across the largest real estate markets in Spain.

ForSaleByOwnerInSpain Fact Sheet
About the Company: ForSaleByOwnerInSpain is the first and only national residential property network combining both online and offline property listings, directly connecting buyers and sellers of homes without charging a broker commission. Alongside its profitable premier Internet guide across the largest real estate markets in Spain

Mission: ForSaleByOwnerInSpain is a real estate services company committed to allowing consumers to buy and sell property without having to pay a commission. The company drives potential property buyers to its web site and its magazines in order to help sellers generate interest in their property. Also, the company provides its customers with the ability to list their properties in the Multiple Listing Service (MLS) for a flat rate.

Founded: 2002

Head Quarters: Alcal 147

Madrid 28009

Spain

Key Management: Pedro Sanchez, Founder and President
Employees: 6
Offerings: ForSaleByOwnerInSpain currently lists tens of thousands of homes on its web site and in its magazines throughout Spain. For its various services, the company charges its customers a low flat fee, which is far less than the national average broker commission of 6%. In addition to allowing its customers to list property anywhere in Spain and to browse its database of properties for free, ForSaleByOwnerInSpain offers the following comprehensive resources to homebuyers and sellers:
  • Home Improvement: access to contractors across the country as well as tutorials and advice,
  • Moving Services: information on relocation and moving companies, utility connections and home inspections,
  • Financial Services: online applications, online mortgage calculators, financing information, appraisals, title search services and credit reports,
  • Neighborhood Reports: city profile database, cost of living comparisons, school reports and crime statistics.


How it Works: On the Internet, ForSaleByOwnerInSpain utilizes the e-commerce hub model; a web site that allows buyers and sellers to communicate directly with one another without the interference (or the commission) of a middleman or broker.

With the ForSaleByOwnerInSpain MLS option, ForSaleByOwnerInSpain acts as the listing agent, but does not charge and will not accept a commission for the service. With the listing agent out of the picture, only the buyer's agent is left to pay, obligating a ForSaleByOwnerInSpain customer to pay only a 3% commission. And, of course, if a buyer Contakts the property seller through ForSaleByOwnerInSpain he/she doesn't have to pay any commission whatsoever.


Media Inquiries

For Media Inquiries, including interview requests, press kits and photos, Contakt:

Michael Kaminer Public Relations
(212) 627-8098
Jill Feldman, Jill@mkpr.com
Michael Kaminer, Michael@mkpr.com
  

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