Work realtors can be arranged legally. The state Duma will consider the draft law “On mediation (Agency) activities in the market of real estate transactions”. The document was submitted to Parliament in June this year.
The cause of the bill was the work of the so-called “black realtors”. According to experts, their share reaches 80% of the total market. Besides, in Russia there is still no single law that would regulate the sphere of real estate transactions. Meanwhile, in the country operate about 500 thousand of realtors and with their participation every year there are over 3.5 million real estate transactions and the total turnover exceeds 6 trillion rubles.
MPs propose to delegate the organization of work of realtors is a professional organization that would accept into their ranks only those agencies that meet certain requirements. And only the members of this SRO will be able to carry out real estate activity. And for those who do not wish to organize, the MPs propose to establish administrative responsibility, reports IA “SeverInform” with reference to “Izvestia”.
