Panama is a wonderful place to live and invest.
But you must know how to protect yourself.
A good real estate agent can help you immensely.
But a bad one can strip you of both your money and peace of mind.
Real estate agents in Panama do not operate the same way as in North America. There is no “code of ethics” nor are there exclusive listings.
Non-exclusivity is most important to know about when you are selling. But the lack of even the expectations of ethical behavior, is critical whether you are buying or selling. This lack makes finding an honest agent harder, but they do exist.