Real Estate in the Netherlands

The Real Estate industry in the Netherlands is a tightly controlled enterprise with entrance into the membership controlled by Code of Honor that even has a procedure for internal disciplinary actions. The agents who make it through this rigorous process enter into an industry that takes pride in its ability to match prospective clients with carefully selected houses and/or rental locations. To see how committed these experts are in the NVM, a brief overview of their code will surely help to build confidence in their abilities.

First off, all the members of the NVM are very aware of the way their jobs have an important role in the social context of the nation. This is where the European nations, and specifically the Netherlands, seems to break with their North American Real Estate cousins to some extent. In the Americas, the job of Real Estate agent is considered a profession that can and often is lucrative at times.

At least the code for these same agents in the Netherlands paints a slightly different picture by stating that all agents in the country will protect and promote the interests of the consumer—he or she is instructed to refrain from giving an unrealistic picture of a piece of property or a person associated with that property. In other words, the Netherlands keeps a tight reign on their agents to ensure they don’t misrepresent facts to their clients. As well, a member of the Real Estate agency in the Netherlands is also bound to inform their clients if they enter into a negotiation with another client while they are representing the first one.  But of course there’s a lot more to being a Real Estate agent in the Netherlands.

There are various special divisions within the NVM that require the applicant to get several different diplomas. All agents in the Netherlands must also undergo continuing education so that their qualifications are kept up to date at all times. As far as the ability to buy Real Estate in the Netherlands, there is one noticeable difference from other European countries and that’s the restrictions on foreign ownership are much more slack. When it comes to foreign investment, there are so restrictions at all.

As with certain other places in the EU, the person wishing to buy a place in the Netherlands will find that there are many apartments for sale and rent as well as full homes for sale. Many of these are affordable, and some have even more than one story, but the person coning from a North American market should not be put off by one of the fundamental cultural changes—some of the available units in many places in Europe and particularly the Netherlands have shared toilet facilities. 

This article was written by Kenny Gregg, Advertising and Marketing specialist for Virtual Concepts Unlimited, LLC Specializing in Real Estate Home Search http://www.listedineurope.com European Real Estate

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