|
Picture this: you find a property in Italy and contact the local agent advertising it. The agent has the keys, knows the seller, understands the local market, and may be highly professional. But American buyers need to understand one important difference: the agent marketing the property is not necessarily the buyer’s representative.
Under the traditional Italian model, the real estate agent acts as a mediatore—an intermediary facilitating the transaction between buyer and seller. The agent may receive a commission from both parties without representing either one exclusively. This doesn't mean that local Italian agents are untrustworthy. Many are excellent professionals, and I collaborate with them throughout Italy. It means that their legal and professional role differs from that of a buyer’s agent in the United States. For an American buyer accustomed to exclusive representation, misunderstanding this distinction can create significant risk. |
|
The Economics of Owning a Home in Italy — A Four-Part Florence Case Study
Follow one Florence apartment through acquisition, vacation-rental income, personal use, and eventual resale. Discover how financial performance and lifestyle value combine to determine the complete economic return of owning a home in Italy. |
Services |
Company |