Real estate agent in Montenegro
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About: real estate agent
A real estate agent helps you buy, sell or rent flats, houses and land: valuing the property, preparing listings and photos, arranging viewings, negotiating and following the deal through to signing. On the coast many buyers come from abroad, so a lot of agents work in several languages (check the profile). Before committing to anything, always check ownership and encumbrances in the land registry (katastar).
Frequently asked questions
Who pays the agent’s commission?
It depends on the agreement: sometimes the seller, sometimes the buyer, sometimes both. Make sure the commission and what it covers are written into a brokerage agreement.
How do I check a property is free of problems?
Ask for a recent title extract (list nepokretnosti) and check the owner, mortgages, notes and whether the building is legalised. It’s wise to have an independent lawyer review the paperwork.
Does the agent draw up the sale contract?
The agent brokers the deal, but a property sale contract in Montenegro is concluded before a notary. Confirm legal questions with a lawyer or notary.
Can foreigners buy property in Montenegro?
Foreigners commonly buy apartments and houses here, but rules can differ for some types of land. Confirm your situation with a lawyer before paying a deposit.
Can the agent help with long-term rentals?
Many agents find tenants or rentals and help with the lease agreement. Ask how their fee works for rentals, as it often differs from sales.