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Searching a genuine and "honest" real estate agency

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Inesita
6/11/2016 11:12 EST

Hallo, friends!
If anyone knows of a "reliable", "honest" and "genuine" real estate agency that is registered with the Ministry of Tourism in Uruguay, please let me know. I'm desperate looking for a long term rental unit in the Montevideo area and everything I find in AirB&B is "awful" as well as most of the listings in VRBO. I speak German too, I was recommended a very good agency from a German couple, but unfortunately, they only sell/rent in Punta del Este and we don't want to go that far just yet. We like to look in this immediate area before we even take the trouble of getting on a bus to ride all the way over to that other end. Ehrlichkeit ist ein Muss!! Thank you all! Danke each allen!!

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rouy
6/11/2016 11:45 EST

I don't know if they are genuine and honest but in Gallito Luis there's a section for "alquiler temporario", and you find by "barrio"

http://www.gallito.com.uy/inmuebles/alquiler-temporario/montevideo/pocitos

(Exemple : 7 days to 3 months : email : maite@alquilerestemporariosenuruguay.com)

(another exemple : http://www.gallito.com.uy/confortable-apartamento-cerca-de-todo-y-totalmente-amoblado-inmuebles-9826068
690USD- month - sin compromiso 099821916)


Good luck

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proger1989
6/11/2016 12:01 EST

what your looking for is really hard to find.
most of my experience with agents was not for urban rentals but for buying land.
nevertheless, i had also tried to find some good agents in mvd and found it impossible.
my advise for you is to get out of mvd if you can, and do not count on any real estate agent , try to find rentals from friends you can trust and that you know for at least couple of weeks, remember that you dont know nothing about those "agents" and that your putting yourself and high risk when you put your trust in them.

so start get some real friends and slowly some doors will start to open.

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maxbjorkstrom
6/11/2016 12:05 EST

A registered real estate agency are required to have a sticker in the window, orange/yellowish with " INMOBILIARIA" written in white, also has the "Uruguay Natural" logo and a smartphone or tablet scannable QPR code for you to get the real estate agency details. Also a plaque should be visible on the inside of their offices with their ID number that was given by "Ministerio de Turismo and Deporte".
Good luck finding a rental that are up to your standard!

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carlitos
6/11/2016 12:08 EST

Ines, may be I am wrong, My wife always say that I am pessimistic but I don't think what you want to rent is real here in uruguay, what you want will cost 2 grand a month not 600. I hope I am wrong.

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focus
6/11/2016 12:22 EST

Hi Inesita,

I am in real estate and have done some work in Montevideo. In my experience the colleagues I met there were fantastic people and totally trustworthy. Where people get in trouble is trying to cut corners and trying to force their vision of how the rental market should work instead of coping with the reality of how it actually does. The rental market in Uruguay is very different from where you come from. The onus is on the tenant for pretty much everything - if the hot water heater breaks it's your responsibility for example. Plus, you have to put down a large deposit up front. The renter is treated with much suspicion and that is due to the fact that getting rid of bad tenants is a very difficult, costly and lengthy process for the landlord. It sucks, but that's the way it is. Short-term rentals are even more difficult. I have had much more success in matching foreign tenants with foreign landlords as they understand each other better but I don't know how you accomplish that in Montevideo - it's not my turf. With all due respect to the other poster suggesting Gallito, I would not go straight to the landlord until I had more experience with the local culture. Rather, walk around some neighborhoods, drop into some real estate offices, get to know some people there, have them show you properties, ask them questions. Check the answers you receive from one agent with the answers you receive from another. Take some time so that this time you find what you are looking for and there are no surprises. You will pay a fee but a brief check of past tales of woe on this forum will show you example after example where people saved a dollar but it ended up costing them ten. Just my 2 cents worth. All the best.

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pistolpete
6/11/2016 12:52 EST

Proger makes some good points about real estate agents. My experience with real estate agents here in the states has taught me that many, not all, really are mostly interested in their making their commission money. They usually have a network of players that they refer you to like home inspectors and mortgage brokers and they all work together to make it happen. Rarely will they do anything to cause the sale to fall through and they are not above lying or cheating to get what they want. A home inspector can overlook defects that you will only find out about after the sale and mortgage people can put you in a high rate mortgage all the while telling you you are getting a great deal. And sadly it can all be legal due to all the disclaimers in their contracts. They all have cute little slogans with "head shot" type pictures on their slick websites to give you the impression they are trustworthy but many times its all a big farce. Its a very cut throat business and they will do almost anything to make the sale. Is it any different in Uruguay? I can see from what I have read how it can be like that there but even worse as there does not seem to be much oversight or transparency. Heck there is no MLS system so I can only imagine what it would be like trying to navigate a system that is totally foreign to outsiders.

Proger your advice about finding real friends is solid and a real good idea so let me know when you find some cause I am looking for some too :) It sounds like you have that end of things pretty much figured out.

Maxbjork your advice sounds very helpful too. do you knnow if there is way to go online to check out if agents are legit at that Ministerio de Turismo and Deporte that you speak of? That would be the first place I would want to check if I had someone in mind that I was considering to use as my agent.
Pete

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Inesita
6/11/2016 13:05 EST

My husband says the same about me, but I believe that some renters, not all, but "some" may think intelligently enough to enjoy the opportunity of renting their unit for less money and longer term, rather then having it seating empty for month after month after month waiting for more dough to come along. The prices of most of the rentals are outrageous, and the condition of their units are "appalling". It doesn't even cross their minds the thought that most of the foreigners come from much better places with higher living standards and that we at least expect to find a clean and civilized living environment. In most of the listings I read words such as: "extraordinary", "beautiful", "exquisite", "fabulous" and so on, meanwhile the units are nothing but smelly dumps. Do these people think we come from jungles??? We are now staying in a unit that provides two (2) damn cups for coffee of tea, and the spoons are broken. The plastic handles come off the utensils an everything is "mediocre" and unkept, outdated, filthy. I'm extremely disappointed about everything I see here. Why is everything so hard! Why is it so complicated to be honest? Why doesn't anyone want to show transparency and are only up to f....ing the foreigner, rather than offering their very best to show pride in themselves and their country and ensure that a good image about themselves and their land is passed across the entire world? I am myself from Argentina but lived since early years in South Africa, then Austria and the USA and was trained by Germans, Austrians and English to give nothing but the very best of myself in everything!!!. I myself can't stand their mentality because all of this. This experience that I'm living here is mostly for my husband to learn from. He doesn't deserve any of this, but he's so naive that he finds it impossible to believe that people would want to take him for a full. And the reason why he's so innocent is because he grew up being loyal and honest and wouldn't even dream of screwing people in the same way it's done here. To him that would be UNACCEPTABLE and OUT-OF-THE-QUESTION!
I'm sorry if I offend you or your wife. It is not meant to be! Thank you for staying in touch! I'll keep pushing until I succeed and find what I want. That's my nature!

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Inesita
6/11/2016 13:05 EST

My husband says the same about me, but I believe that some renters, not all, but "some" may think intelligently enough to enjoy the opportunity of renting their unit for less money and longer term, rather then having it seating empty for month after month after month waiting for more dough to come along. The prices of most of the rentals are outrageous, and the condition of their units are "appalling". It doesn't even cross their minds the thought that most of the foreigners come from much better places with higher living standards and that we at least expect to find a clean and civilized living environment. In most of the listings I read words such as: "extraordinary", "beautiful", "exquisite", "fabulous" and so on, meanwhile the units are nothing but smelly dumps. Do these people think we come from jungles??? We are now staying in a unit that provides two (2) damn cups for coffee of tea, and the spoons are broken. The plastic handles come off the utensils an everything is "mediocre" and unkept, outdated, filthy. I'm extremely disappointed about everything I see here. Why is everything so hard! Why is it so complicated to be honest? Why doesn't anyone want to show transparency and are only up to f....ing the foreigner, rather than offering their very best to show pride in themselves and their country and ensure that a good image about themselves and their land is passed across the entire world? I am myself from Argentina but lived since early years in South Africa, then Austria and the USA and was trained by Germans, Austrians and English to give nothing but the very best of myself in everything!!!. I myself can't stand their mentality because all of this. This experience that I'm living here is mostly for my husband to learn from. He doesn't deserve any of this, but he's so naive that he finds it impossible to believe that people would want to take him for a full. And the reason why he's so innocent is because he grew up being loyal and honest and wouldn't even dream of screwing people in the same way it's done here. To him that would be UNACCEPTABLE and OUT-OF-THE-QUESTION!
I'm sorry if I offend you or your wife. It is not meant to be! Thank you for staying in touch! I'll keep pushing until I succeed and find what I want. That's my nature!

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Inesita
6/11/2016 13:14 EST

Dear Focus:
Thank you for your advise in this matter. I'll keep my eyes wide open and my ears up on alert and keep in mind everything you said. Thanks for taking the time to educate me further.
All the best to you!

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Inesita
6/11/2016 13:14 EST

Dear Focus:
Thank you for your advise in this matter. I'll keep my eyes wide open and my ears up on alert and keep in mind everything you said. Thanks for taking the time to educate me further.
All the best to you!

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maxbjorkstrom
6/11/2016 13:36 EST

If they have an office open to the public, they are most likely registered, if it seems off i.e. They only work online or from a home office without any signs then you might want to ask them if they are registered and get their registration number, real estate agents have been asked to include the number on their website. More info can be found on Ministerio de Turismo and Deporte homepage. Car rental and hotels also need to be registered here, all having to have the stickers shown in their office or lobby windows.

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Morell
6/11/2016 15:10 EST

I agree with Carlitos that it is doubtful you will find anything even remotely upscale for less than $1500 - 2000US a month in a nice area of Montevideo.

I have a friend who lives downtown near the Plaza Independencia and his tiny one bedroom unfurnished apartment is $500US a month. He had to paint it himself and the landlord told him that he never wants to hear from him regarding any maintenance!
It is an old building, the kitchen and bath are very basic and his balcony is only big enough to park his bicycle and hang a little washing.
He is from here and has rented in Montevideo for over ten years. He thinks his place is a bargain for the area.
The idea of renting something for less than you want rather than leave it empty is not the way they think here. Most would sooner leave it empty than lower the price.
Same goes with houses for sale. I see houses we looked at in 2011 that are still for sale but the price is now about $50,000 US more than when we looked at it.

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Morell
6/11/2016 15:34 EST

Pistolpete,

We found the home buying process very different here. Most sellers list their homes with several realtors at once. You will often see several signs from different companies on the house.
The realtor usually just makes the arrangements for you to view the house, the owner is the one who will show it you. I found this a little odd at first but after a dozen or so houses got used to it.
Home inspectors are not common here. Architects tend to function as a general contractor and you can get one to do a fairly superficial inspection. You probably won't be able to get a mortgage here so there is no requirement for an inspection or home insurance.
Often the taxes, BPS ( a complicated system of paying into the insurance system for workers) or capital gains are not dealt with and although many realtors will tell you that the paperwork is all in order, your escribano will often find out differently. This will then often require a fresh round of negotiations even if you had already come to an agreement on price.
Inheritance laws also come into play sometimes with children (who by law here inherit on the death of a parent ) either refusing to sell the house or the surviving parent not wanting to sell but the child wants their money.
We had both of these issues on two houses we wanted to buy. On one we finally gave up and the other we paid more than the agreed price in order to complete the sale.

It pays to talk to several realtors and others who have bought here as there are issues you would not even think to ask that can be a major headache later.

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joemindwarp
6/11/2016 17:06 EST

asbourhis@gmail.com

My friend Anne-Sophie has 2 flats in the center of Montevideo on Sarandi.
You can contact her directly. She can rent to you short or long term. I've stayed in both apartmentsaqnd she has had 0 bad reviews

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Inesita
6/11/2016 17:20 EST

Thanks a million! I just wrote to her and told her that her friend "Joe" referred me to her. I hope that is your name, right?
I'll get back to you as soon as I have news from her.
God bless you! Ines

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Inesita
6/11/2016 17:20 EST

Thanks a million! I just wrote to her and told her that her friend "Joe" referred me to her. I hope that is your name, right?
I'll get back to you as soon as I have news from her.
God bless you! Ines

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joemindwarp
6/12/2016 18:48 EST

Hello Ines and Daniel,
My friend Anne Sophie told me you contacted her. Hope you enjoy her place.
Have you been to the Montevideo Agricola Mercado ? mam.com.uy
Definitely the best place for shopping in Montevideo. less than $5 by cab.
Stunning 17th? century recently restored farmers market, lots of shops ', la cocina de la abuela'
is the best for lunch or dinner, you pay by the weight of the buffet assortment, serve yourself, I hope to be in Montevideo mid July, maybe we can have a bbq on her terrace.

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mypinares
12/1/2016 10:25 EST

my name is Margret and my registered & long established property company is called Uruguay Property.
In case you are still looking for a rental in Montevideo, I may be able to help.
www.uruguayproperty.com
info@uruguayproperty.com
+598 42228371,099 381172

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