Licensing of Realtors in Azerbaijan: Ensuring Professionalism and Protection

  • 2530 man
  • Okt 17, 2023

Licensing of Realtors in Azerbaijan: Ensuring Professionalism and Protection

Currently, there is a discussion in Azerbaijan regarding the mandatory licensing of realtors. In the real estate sector, there is a lack of progress, and the absence of professionalism in this field is becoming a problem.

At present, all that is required to become a realtor is to have a mobile phone. This creates a low entry barrier into this field but increases risks for clients. The unprofessional conduct of realtors creates a negative impression of "black realtors" and affects society's trust in this industry.
 

Yalchin Osmanov, the director of the "AREA" real estate company, has proposed legislative changes concerning realtors and suggested considering the possibility of licensing their activities. These changes could establish standards and norms in the real estate sector, elevating professionalism and safeguarding the interests of clients. The effective implementation of these measures could also protect the market from incompetent participants.

The issue of realtor licensing is pertinent and sparks much discussion. What is your opinion on this important matter?

3 Like

Similar news

Studio apartment

A studio apartment is an open-plan living space consisting of one room. Global trends show that such...

İyun 11, 2024 Read more

White city: Baku's new Pearl

White City is an area that has become a new symbol of Baku. This project brings together the city...

Avq 14, 2024 Read more

Formula 1 Races in Baku: Speed, Excitement, and Impact on the Real Estate Market

Formula 1 races are thrilling sporting events that attract millions of people worldwide. Hosting the...

Avq 31, 2024 Read more

#2 Apartament or house?

In the previous article, we learned about the advantages and disadvantages of living in a building h...

Apr 17, 2024 Read more