What is API?

The name API stands for Agente de la Propiedad Inmobiliaria (Real Estate Agent). They are professionals who operate in the real estate market and are regulated by the ROYAL DECREE 1294/2007.

To be an API it is necessary to be in possession of the official title issued by the Ministry of Development or to have a university degree. And not only this, but they must also be registered in the official College of Real Estate Agents, which is a Public Law corporation, called

(CGCOAPI - General Council of the Official Associations of Real Estate Agents).

What does an API do?

A Real Estate Agent (API) is a professional specialised in mediation, management and advice in the real estate sector. Not only does he or she offer the maximum guarantees for any operation in the real estate market, but this professional has an in-depth knowledge of the laws, procedures and regulations governing real estate transactions, such as buying, selling, renting or leasing properties. They act as intermediaries between buyers and sellers and sellers, ensuring that both parties comply with legal requirements and have a smooth and safe experience.

The roles and responsibilities of a Real Estate Agent (API) are as follows:

1. Advising to clients: The API provides guidance to both buyers and sellers on the real estate market, current prices, market trends, and available financing options. It also advises on legal aspects related to the purchase and sale of properties.

2. Mediation in real estate transactions: One of the most important roles of an API is to act as an intermediary in the purchase, sale or rental of real estate. He or she is responsible for negotiating the terms of transactions and ensuring that both parties reach a beneficial reach a beneficial agreement.

3. Valuation Property valuation: The API is trained to value properties, taking into account factors such as location, the condition of the property, the characteristics of the property, the local market and other relevant elements. This valuation helps to establish a fair price for the purchase or sale of a property.

4. Formalities legal and administrative formalities: APIs are responsible for managing the legal formalities required to formalise real estate transactions. This includes drafting and reviewing contracts, handling title deeds, supervising the property registry and obtaining the of the land registry and obtaining the necessary documents for the transaction, such as energy efficiency certificates.

5. Management of rentals and leases: In addition to sales and purchases, real estate agents can manage rental properties. This includes finding tenants, negotiating leases and managing landlord-tenant relations. between landlord and tenant.

6. Marketing Real estate: APIs are also responsible for the promotion of properties. This involves creating advertisements, conducting property tours and publishing on real estate portals, as well as marketing strategies to attract buyers and tenants. marketing strategies to attract buyers and tenants.

7. Advice Fiscal and financial advice: An API can provide guidance on the fiscal aspects of a real estate transaction, such as the calculation of taxes associated with the purchase or sale, such as Transfer Tax or Municipal Capital Gains Tax. Plusvalia Municipal. They can also advise on financing options, such as mortgages and loans.

More information on the link of the General Council of API Official Associations: https://consejocoapis.org/

What is RAICV?                    

The name RAICV is the Registry of Estate Agents of the COMUNIDAD VALENCIANA.

DECREE 98/2022, of 29 July, regulates the Register of Estate Agents of the Valencian Community (RAICV). This decree establishes the obligation for all professionals who work as real estate agents in the Valencian Community, including Real Estate Agents, to be registered in the RAICV. Valencian Community, including Real Estate Agents (API), must be registered in the RAICV in order to be able to carry out their activity legally.

The obligation to register in the RAICV came into force in October 2022. From that date, all real estate agents must be registered in order to be able to practice in the region, thus ensuring that professionals have the training, qualifications and requirements established by the regulations to offer their services in the region. and requirements established by the regulations to offer real estate brokerage services.

This decree also aims to improve the regulation of the real estate sector, guarantee the professionalism of real estate agents and protect the rights of consumers in real estate transactions.

Access the RAICV register to check if an agency is registered: https://habitatge.gva.es/es/registres-en-materia-habitatge

Why is it important to work with an API and registered in RAICV?

Selling a property is a complex and costly process for sellers, where it is easy to make significant mistakes without expert guidance. In this context, the Real Estate AgentReal Estate Agent (API) conducts a thorough search for homes for buyers according to their demand, will mediate to obtain the greatest benefit for his client by defending his rights, and will ensure that the transaction complies with all legal requirements. legal requirements. By seeking the intervention of a registered API, you can count on maximum peace of mind.

Working with a real estate agency registered as an API and in the RAICV of the Valencian Community offers you several advantages:

1.Compliance of the current legislation: The agency complies with local laws and regulations, protecting your interests and those of all parties involved.

2.Competence and reliability: Registered professionals follow ethical standards and training, which ensures a serious and quality service.

3. Clarity and trust: By being regulated, real estate agents provide a transparent and honest service, generating security in all operations.

4. Access to training and updating: Registered agencies must keep their professionals trained, which ensures that they are aware of the latest trends and changes in the real estate market.

5. Handling Dispute management: Registration ensures that the real estate agent has the necessary skills to resolve disputes and problems during transactions efficiently.

6. Better Access to professional tools: By being registered, real estate agents have access to a network of resources and specialised services to provide better service.

7. Advocacy Consumer protection: Clients are protected by existing regulations, ensuring fair business practices and respect for their rights.

‘Now that you know what it means to be an API and the importance of being registered with both the API and the RAICV, if you are thinking of selling or buying, do not hesitate to consult us.’