Fuster & Associates and AIPP join forces to set Spanish new build property benchmarks
- New partnership agreement signed at 20th anniversary celebration on 1 March
- Fuster Standard quality approval process at heart of working arrangement
- Focus on helping agents promote only verified developments, benefiting clients
- Verified developers to achieve better and wider sales distribution
Expert Spanish property lawyers Fuster & Associates and the respected Association of International Property Professionals (AIPP) have joined forces to create a new partnership that will set industry benchmarks for quality, assurance and reliability within the Spanish new build property market.
The agreement was signed by Fuster & Associates Founding Partner David Fuster and AIPP CEO Peter Robinson at the Fuster & Associates 20th anniversary event on 1 March 2020.
“AIPP’s mission is to improve industry standards and help buyers make sensible choices. With the kind of purchase problems that can relate to new properties, it makes sense to look at the supply-side. Our agreement with Fuster & Associates establishes a new benchmark of due diligence at the point of sale, avoiding problems for sales agents and their clients long before the conveyancing stage. This perfectly complements our new AIPP agent training initiative, covering both compliance and business skills”
Peter Robinson, CEO, AIPP
David Fuster and his team created the Fuster Standard in order to meet the critical need for rigorous legal support for Spanish property agencies. The market-leading qualified approval process sets industry benchmarks for quality, assurance and reliability within the Spanish property market, which is what first piqued the interest of AIPP. The Standard guarantees that all the necessary legal paperwork has been completed in advance of a property being offered for sale, thus providing reassurance both for the agent selling it and for the buyer.
It is the Fuster Standard that is at the heart of the AIPP partnership. Fuster & Associates will be in charge of the certification of developers through The Fuster Standard seal of approval. Certified Spanish developers will be offered discounted membership of AIPP with three clear benefits:
- Accessing AIPP member agents
- Option for unique, direct-to-market listings and editorial
- AIPP accreditation
Agents who sign up to the Fuster Standard can access an intelligent map that displays all certified new housing developments on the Costa Blanca and Costa Calida, with a planned roll-out across Spain. Professional support is also included, with the Fuster & Associates team in place to advise on tax and legal matters.
“Our goal is to reduce potential risks both to agents selling Spanish properties and to those buying them. We are looking ahead to a safer buying environment in 2020 through our partnership with AIPP, creating a roadmap for agents and their clients to avoid the pitfalls of the past and work towards a brighter future.”
David Fuster, Founding Partner, Fuster & Associates
Having worked in the Spanish property sector for over 20 years, Fuster & Associates support clients in a wide range of property-related matters. This includes helping over 200 families to reclaim deposits lost to developers who went bust in the early 2010s.
For more information please contact Fuster & Associates on +34 965 271 505 or visit www.fuster-associates.com