Rioting storks with land fever strictly control police brokers to investigate price blowers

The Department of Construction of Bac Giang province has just issued a written request to the People’s Committees of districts and cities in the province to strengthen the management of the real estate market in the area in order to detect, prevent and promptly handle activities. price action, blowing real estate prices.

Accordingly, the People’s Committees of districts and cities in the Northern province strengthen inspection, supervision and take measures to manage and control real estate brokerage activities of organizations and individuals related to business activities. Real estate in the area.

Land fever has spread to many localities. It is worth mentioning that now the land fever is not only around the neighborhoods of Saigon or Hanoi, but has crept into the countryside, even the mountainous areas also have a strong fever (Photo: The scene of “pinning” piles caused a stir. Chao in Loc Ninh district, Binh Phuoc province (Photo cut from clip)

Buying and selling land is like a festival in Quang Tri (Photo cut from clip)

At the same time, the competent authorities strictly handle cases where organizations and individuals broker, buy and sell real estate not in accordance with the provisions of law.

Investors of real estate projects must fully and accurately disclose information about real estate projects put into business according to regulations.

“Investors of real estate business projects are not allowed to raise capital without meeting the conditions for real estate business as prescribed. Investors sign contracts with real estate trading floors, sales consulting units when eligible capital raising eventare eligible to sell houses formed in the future in accordance with the Law on Housing and the Law on Real Estate Business” – the document clearly states.

In addition, enterprises providing real estate trading floor services must ensure that the real estate listed on the trading floor is eligible for trading. At the same time, real estate trading floor service enterprises provide full and truthful records and information about real estate and take responsibility for the records and information they provide.

Organizations and individuals participating in real estate trading floors have the right to request real estate trading floor service enterprises to provide documents and information about real estate, and at the same time sign contracts with real estate trading floor service enterprises. Real estate services to buy, sell, transfer, lease, sublease, lease buy real estate. Organizations and individuals participating in the real estate trading floor request the real estate trading floor service business to compensate for damage caused by the error of the real estate trading floor…

In the past March, in view of the actual situation in areas with construction planning, planned to implement projects in urban areas, industrial parks, etc., there are signs of speculation activities, buying and selling land and real estate. As a result of the “virtual fever” in the market, the People’s Committee of Vinh Phuc province has also issued Directive No. 10 on strengthening the management of real estate business activities in the province.

There will be strict regulations on the operation of real estate brokerage

Leaders of Vinh Phuc province asked 7 departments, branches and People’s Committees of districts and cities to get involved. In particular, the Department of Construction does not consider and handle new proposals on the transfer of land use rights in the form of subdivision, sale of plots in projects, sale of plots in projects to build urban areas and houses on the market. locality.

The Department of Construction is also assigned to closely review and manage real estate projects, especially real estate in the future.

At the same time, assume the prime responsibility for coordinating with localities to inspect the operation of real estate trading floors in the province in order to correct operations. real estate broker.

In particular, Vinh Phuc Provincial Police is assigned to monitor areas with signs of sudden increase in land prices, status change of purpose, transfer of land use rights, “virtual fever”; investigating subjects with speculative behavior, blowing prices, making the market create a virtual land fever to make a profit.

“Timely handling of cases of deliberately causing trouble, causing insecurity and disorder in the locality according to regulations” – Vinh Phuc leader requested.

In addition, strengthen inspection and handling of violations of the law in transactions, capital mobilization and real estate business. Actively check and capture information to handle organizations and individuals showing signs of fraud, manipulation, instigating, agitating and destabilizing the real estate market.

Strictly manage real estate brokers

Recorded from the end of 2021 until now, the situation of land fever has spread to many localities, tending to follow information on infrastructure planning. It is worth mentioning that now the land fever is not only around the vicinity of Saigon or Hanoi, but has crept into the countryside, even the mountainous areas also have a strong land fever.

According to real estate experts, the situation of land fever has many causes, including brokers to stimulate prices and push prices to “warm up” the market.

Recently, talking at a talk about real estate brokerage, Mr. Nguyen Manh Khoi, Deputy Director of the Department of Housing and Real Estate Market Management (Ministry of Construction) shared, in the next few days, a province in the northern region Bac will organize a real estate brokerage practice certificate exam. However, the number of registrations to nearly 1,000 people / batch made the local Department of Construction “stunned”. They do not know how to organize the grading, how to divide the exam questions when the number of candidates is too large.

Or the story of a person who graduated from the University of Civil Engineering (Hanoi), did not work in any business, but in the past 5 years, he has earned about 10 billion VND from real estate brokerage activities. Currently, this person has opened his own company specializing in brokerage activities … showing that the profession of real estate brokerage seems to be too attractive to people.

According to statistics, there are about 300,000 people participating in real estate brokerage services across the country. The actual number may be more, because anyone can do this job.

Sharing at the talk show business representatives also raised the situation of many newly opened brokerage units “stealing” real estate brands. They set up the same website, including senior staff, just different contact addresses and phone numbers. This makes customers indistinguishable, reducing trust in the brand. Businesses lose credibility when being faked.

Faced with the above situation, the Deputy Director of the Department of Housing and Real Estate Market Management affirmed that there will be strict regulations on the operation of this field. agency Real estate.

Specifically, is there a return to the mandatory form of trading real estate products through the floor for management? It is advisable to force independent brokers into companies to operate in a standardized, responsible manner or to issue a license to practice, identify and code real estate brokers.

According to him, the Ministry of Construction is actively listening to and absorbing opinions from the parties to include in the provisions of the Law and submit it to the National Assembly.

Meanwhile, Dr. Economic expert Dinh The Hien said that real estate brokers like any other profession, calling them “storks” does not have a bad meaning. Because, in the real estate market, the difference between the selling intention price and the selling decision price of 20-30% is normal. For real estate with a different location, if you want to find a reasonable buyer at a reasonable price, you need a team of brokers to step in.

In addition, in order to standardize and manage this profession, first of all, the real estate market needs to be transparent.

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