Real estate companies denounce that the Housing Law "demonizes" the sector

The Federation of Associations of Real Estate Companies (Fadei) has denounced this Wednesday that the new Housing law goes against the consumer and "demonizes" real estate professionals.

Oliver Thansan
Oliver Thansan
22 August 2023 Tuesday 16:25
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Real estate companies denounce that the Housing Law "demonizes" the sector

The Federation of Associations of Real Estate Companies (Fadei) has denounced this Wednesday that the new Housing law goes against the consumer and "demonizes" real estate professionals.

The president of Fadei, Montserrat Junyent, said in a statement that the new law "was born in an electoral context after a long lethargy" and that "political forces hastily unblocked its process." Far from encouraging the increase in housing, the supply will be reduced "as has happened before in Catalonia."

Junyent has regretted that the approved text does not contain a regulatory framework for the real estate profession and affirms that, despite the fact that the majority of parliamentary groups wanted a mandatory registration of real estate agents, it has not been reflected in the law, which will hurt the consumer. "Now, after leaving us helpless and unregulated, the real estate profession is being unfairly demonized," he says.

According to the association, "the image that is projected of companies in the real estate sector is that of being linked to speculation and positioned to defend spurious interests, when in reality they are a guarantee of a proper functioning of the market and a balance in the defense of the interests of the parties.

The real estate employers remember that the public powers must guarantee citizens that the acquisition or rental of a home occurs in a context of adequate legal security and never below what they have in the purchase or use of any other property.

It is also requested that there be a law so that any operator has the necessary training, the possession of civil liability insurance and a surety bond.

For Fadei, for the sector to seek its own regulation is to bet on a better quality of the services it provides, a higher level of training for companies and a security that guarantees the deliveries of money from third parties and that covers any error that may occur in the process. context of any real estate transaction.