Cyprus-Forum.com

by **Limassolean** » Sun Jul 09, 2006 4:19 am

Looking into taking over an established Estate Agency in Limassol.

Perhaps taking over the office facilities and office running obligations from a retiring operator,

or someone who's just moving on from the industry.

[email protected]

by **susanbunny** » Sun Jul 09, 2006 7:22 pm

Trouble is they make so much money 5% plus selling houses that you will find it difficult to find a business for sale!!

Susanbunny

by **shoushoucos** » Wed Jul 12, 2006 11:59 pm

People get in and out of all the kinds of industries for many and various reasons.

The most common reason for geting out is Age. Retirement.

This is what i am looking, for someone who wants to pass the it, to a new generation of operators.

by **susanbunny** » Thu Jul 13, 2006 7:57 am

All I am saying is a lot of the businesses here are family owned, and as such pass onto the next member of the family coming up.

Regards

Susanbunny

People from UK can call you for 7p a min to your mobile 4p a minute Landline
http://213.228.233.205/Translationplus_CityLifeline_Version/CyprusExpatsCalls

by **Svetlana** » Thu Jul 13, 2006 8:08 am

Superior Real Esate (HPL Ltd) were trying to franchise off some of its offices, but how they overcome the licensing issues I do not know.

Lana

by **Limassolean** » Sat Jul 15, 2006 4:20 pm

What kind of licencing issues?

Can anyone with experience in this industry assist ?

by **nhowarth** » Sat Jul 15, 2006 5:36 pm

Hi Limassolean

You'll find an article about this subject at http://www.cyprus-property-buyers.com/p ... /art02.htm

Basically you either have to be a registered agent or employed by a registered agent.

But the law is a farce - there are many expats flouting it who haven't got a clue what they're doing.

Cheers,

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