Why you should choose to buy Italian real estate protected by the Property Ombudsman
Many international buyers seek Italian real estate. However, as an international buyer, you will be navigating a process which is somewhat alien to you. You may also face language difficulties. The natural solution is to choose an English speaking Italian real estate agent, such as WGS Real Estate.
English speaking Italian real estate agents
However, and unfortunately for the unsuspecting buyer, English-speaking Italian real estate agents are not all created equally. The sad reality is that, unethically, many capitalise on the fact that international buyers are unfamiliar with Italian property purchasing protocols. From making offers to selecting regions, some agencies will use ignorance as a reason to make a fast buck.
So how do you, as an international buyer, protect yourself from this?
You need to choose your English-speaking Italian real estate agent carefully to ensure that they are concerned with looking after you and guiding you, not just about maximising their profit.
The simplest way to do this is to look for some assurance regarding such things as Codes of Ethics and whether they have signed up to be governed by any particular overseeing body.
At WGS Real Estate, we have personally opted to be governed by the Property Ombudsman in the UK. Knowing that your interactions and entire Italian property purchase are secured through our commitment to them will bring you peace of mind. The Property Ombudsman is, most importantly, impartial. They sit between buyers and agents to ensure fairness from and to both parties.
Choose your agent carefully
Therefore, do make sure you don’t simply fall in love with a property listing on a real estate website before also checking that the agency cares about the inherent vulnerability of your position as an international buyer. Check the English-speaking real estate agent is signed up to the Property Ombudsman and other standards in the industry.
At WGS Real Estate, we are proud to be signed up with the Property Ombudsman. It is one way we work to protect international buyers.