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selling real estate in Montanita on mountain

Jul

18

2014

How much does real estate go for in montanita on the mountain? We built a 3 story building which is about 1 and a half years old. Each floor has its own kitchen, bedrooms etc. While I understand real estate doesn’t move in the same way as in the states, I don’t think we trust our realtor. She is stating she has people,but that’s it. We find it hard to believe that this property which has a panoramic view of the pacific and beautifully built isn’t moving. We are not there so we were trusting her. She doesn’t answer half the time you email. Should we get a bilingual Spanish/English attorney to handle this situation and get a more professional realator?

In: Ecuador Living Asked By: [4 Grey Star Level]
Answer #1

Ron;

Real estate is very different and the market is small comparatively. Who is she marketing to? Are you trying to sell to other expats or locals? What price does your realtor say is a good one to market? or was any comparatives done since Montanita/Olon seems to be a pretty good and verifiable market. Not sure why an attorney would need to be involved unless there are issues like you gave her a POA or something. Please also remember, there is NO MLS here so she might be only trying to sell to people she knows so she does not have to split the commission. Commission is another subject…the more you are willing to pay the more likely she will tell others that sell real estate about it…if the commission is short no one will want to split it up…just thinking here. Let me know and I will do my best to give you answers/ideas/suggestions.

larryp

Answers Answered By: LarryP [848 Orange Star Level]
Answer #2

Hi, I don\’t have an answer but am looking to buy and would be pleased to meet. Currently travelling the coast looking to buy

Answers Answered By: PeterKahl [3 Grey Star Level]

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