Hiring a registered API in Moraira guarantees the professionalism of the estate agent in charge of managing the transaction. Currently, it is the only official qualification as a nationally recognised real estate agent.
Unlike in other countries, the profession of estate agents in Spain is not regulated at state level. This means that there are no mandatory state-level requirements that estate agents must comply with in order to be able to exercise their profession.
In October 2022, the Regional Ministry of Housing launched the Register of Real Estate Brokers of the Valencian Community, a mandatory instrument for those who are engaged in the activity of mediation, advice and management of real estate transactions involving the purchase, sale, rental, exchange or transfer of real estate.
However, this register only works at a regional level and, although it is a good starting point, at Hispania Homes we believe that a correct regulation of the sector should be based on a state regulation that also includes much more demanding access requirements than those currently included in the Register of Estate Agents in the Valencian Community.
what is a registered API and why is it important?
In order to try to alleviate this situation and provide security to all those who are going to buy or sell a property, the Ministry of Public Works has created the title of real estate API.
The title of real estate API is a national certification that guarantees that the members of this group have passed specific training and accreditation and are regulated by law, specifically by Royal Decree 1294/2007.
This decree establishes the conditions of training, membership and responsibility that must be met by those who wish to work as APIs and form part of an Official Association of Real Estate Agents. Membership not only accredits the professional competence of the API, but also obliges them to comply with a code of ethics that safeguards the interests of clients.
However, it must be stressed that this title is VOLUNTARY. In other words, it is not necessary to be an API-registered real estate agent to be able to practice the profession, which from our point of view is a mistake and also generates a lot of intrusion in the sector.
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APIs in Moraira
To obtain the title of API, it is necessary to meet the following requirements:
- Be of legal age
- Have a university degree or higher
- Not have a criminal record.
- Not be limited by any disability that prevents you from performing your duties.
- Be informed of Royal Decree 1294/2007 in order to be aware of the regulations of the real estate market.
To give you an idea, if we go to the portal Idealista we can see that at the moment in Moraira there are 181 real estate agencies registered.
However, if we go to the Alicante Association of APIs we see that only 6 of these real estate agencies have an official API qualification. One of them, of course, is Zoila Sanz, CEO of Hispania Homes. These are the details we can find about her in the Alicante Real Estate Association.
Of the 181 estate agents in Moraira, only 6 are API certified. One of these agencies is Hispania Homes.
Guarantees of working with an API in Moraira
When working with a registered API, the client has a set of guarantees that are difficult to find with non-registered agents:
- Professional and specialised advice: A registered API is an expert in all legal, fiscal and town planning aspects related to the purchase and sale of property, which minimises the risk of making mistakes that can be costly for the client.
- Transparency and professional ethics: The ethical commitment of a registered API ensures that the client receives truthful and complete information about the state of the property, the necessary procedures and any potential risks in the transaction.
- Financial protection: Liability insurance and bonds protect the client from possible errors or unforeseen events, guaranteeing the security of the transaction.
- Remedies in case of disputes: Should disputes arise, the client has the option of approaching the API’s professional association, which will act as a mediator and take the necessary steps to resolve the conflict.
Security and confidence when buying and selling your home
In a market as competitive as the real estate market, having the backing of a registered Real Estate Agent guarantees that the transaction will be managed in accordance with the highest standards of professionalism, transparency and security.
As a registered API estate agent in Moraira, our priority is to provide our clients with a risk-free experience and the confidence that every step of the transaction is in the hands of an expert who is regulated and backed by the law.
Do it with the guarantees of a certified API agent
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