How to find a Good Realtor in Panama

How to find a Good Realtor in Panama

Panama Chiropractic Health Center 2020-10-13 10:51:05

Finding a good realtor in Panama may be slightly different than your home country because realtors in this country are generally dual agents, meaning that they represent both buyers and sellers. A few tips to finding the right real estate agent in Panama are the following:

First, find a licensed realtor. All realtors must be duly registered in the Technical Real Estate Board (https://www.mici.gob.pa/jtbr/listado-de-profecijtbr). Second, search the Panama MLS (Multiple Listing Service at www.mlsacobir.com), which works much like those of the US or Canada, and all the Panamanian realtors or companies that list on the Panama MLS are licensed. The best properties are listed on the MLS because they have undergone extensive legal due diligence by the listing agent and filtered by the staff at the MLS. Plus, when you buy, rent, or sell through the MLS, you deal with just two realtors, the buyer’s agent, and the seller’s agent.

Third, find an agent with experience. Ask the agents how long they have been in the business and read their profile online. Make sure they specialize in the area you are seeking to buy, rent, or sell the property. Panama is a relatively small place, so many agents list properties all over the country, however, those who specialize in specific areas tend to be much more knowledgeable about those areas. Fourth, make sure the agent speaks your language, if not, any misunderstanding might cause confusion and frustration, which is the last thing you need when being advised on making one of the most important decisions of your life.

For last, networks and resources are important. Most larger international real estate companies have extensive resources, training programs, networking systems, and listing portal synchronization systems, which many times results in their agents being highly professional, punctual, reliable, prepared, knowledgeable, and usually more efficient than those agents who do not have those resources, systems, training, and support. If you would like to connect with a KW realtor in Panama, please visit www.kwpanama.com or call +(507) 368-0700 for more information.

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