The regulation of the real estate sector was a pending issue for more than a decade and the Official College of Real Estate Agents has been working since then to make this a reality, for the benefit of Andalusian consumers. It has already been commented on multiple occasions that "The biggest investment that a ...

Finally came the essential regulation of the real estate sector for better consumer protection

The regulation of the real estate sector was a pending issue for more than a decade and the Official Association of Real Estate Agents has been working since then to make this a reality, in benefit of the Andalusian consumers.

It has already been commented on multiple occasions that "The biggest investment that a family makes throughout a lifetime is the acquisition of a house", and that the legislation must protect the consumer against the abuses that take place in this matter, being this one of the sectors in which more consumer complaints present.

Well, in the session of last April 11, 2018, the Andalusian Parliament, has approved , within the Law on the right of pre-emption and retraction in housing evictions in Andalusia, a series of measures to protect the consumer against the real estate market , at a crucial moment in the reactivation of this sector.

Approved measures impose minimal controls on the real estate transaction to avoid harm to those who access it, as a guarantee for consumers.

The approved measures will be complemented by a regulation that will be developed within a year, and which will contain at least the following measures:

  1. Professional training . This requirement must guarantee the professionalism of the service to users and consumers, in legal, technical, tax, commercial and a long etc.
  2. Establishment open to the public.

According to the Bank of Spain, in its last quarterly report on the economy of the country, housing investment will close 2017 above 4.5% GDP, an index similar to the average of the countries of the Spanish environment "and that is very far of 12% registered in 2007 ". On the other hand, the entity states that ......

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The interest in renting a home for young people has fallen drastically since last year. Among young people aged 18 to 34 there is a decrease of 9 points that goes up to 14 when we talk about young people from 18 to 24. The rise in rental prices is the main problem that makes ......