When searching for a home, it’s common to find listings from private sellers.
Buying directly from the owner may seem simpler and more affordable — but it also comes with risks that aren’t always obvious at first glance.
In this article, we explain the advantages and disadvantages of buying directly from the owner, and how to avoid potential problems during the process.
Advantages of Buying Directly from the Owner
Saving on Agency Commissions
Since there are no intermediaries involved, agency commissions are often eliminated — reducing the initial cost of the purchase.
Direct and Faster Communication
You communicate directly with the owner, which can make it easier to resolve questions about the property without intermediaries.
Greater Flexibility in Negotiation
In some cases, private owners may be more open to negotiating the price, payment terms, or including furniture and extras in the deal.
Risks of Buying Directly from the Owner
Lack of Complete Information
Private sellers don’t always provide all the necessary documents.
It’s common for buyers to be unaware of existing debts, liens, or legal issues affecting the property.
Overestimated Property Value
Owners often overvalue their homes for emotional reasons or due to lack of market knowledge, making it difficult to ensure you’re paying a fair price.
Legal and Administrative Risks
Poorly drafted contracts, confusing clauses, or missing technical checks can lead to serious problems after the purchase.
How to Avoid Problems When Buying from a Private Seller
If you decide to buy directly from the owner, make sure to:
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Request a nota simple from the Land Registry.
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Ask for certificates confirming no outstanding community fees or property taxes (IBI).
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Carry out a technical and legal review before signing
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Negotiate based on real market data
The Safe Alternative: Work with a Buyer’s Agent
If you want to minimize risks, hiring a Buyer’s Agent in Madrid allows you to access private listings safely — with all legal and technical details verified and a negotiation strategy that represents only your interests.
This way, you can enjoy the advantages of buying directly from the owner without exposing yourself to the risks.
Contact me, and I’ll guide you through the entire process so you can make the best decision with total peace of mind.
