Quote:
Originally Posted by strategicgrouprealty
Well, in the US, realtors, estate agents as you call them, are governed by the same regulatory committee as lawyers.
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When we talk about buying property in Bulgaria the Bulgarian legislation applies. And under it there are actually not real estate agents in Bulgaria. The word used is ‘посредник’ which means ‘middleman’ or ‘go between’ And this is not merely linguistic argument as it goes to the core of why agents are so unaccountable. Those that call themselves agents in Bulgaria are not liable as representatives under Contracts and Obligations Act as in fact they are no representatives. But the English people buying in Bulgaria always talk of agents.