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Demand for professional realtor services in Ukraine in 2021 up by 15% – profile assassination

KYIV. Sept 14 (Interfax-Ukraine) – The demand for professional realtor services in Ukraine since the beginning of 2021 has grown by an average of 15%, Yuriy Pita, the President of the Association of Real Estate Specialists (Realtors) of Ukraine, has said.

"The growth in the number of requests from buyers is caused, first of all, by the start of the Affordable Mortgage program, because there is an urgent need to select the right property for a specific amount of funds," he said.

Among the factors that spurred requests from sellers, the expert named the opening of the land market and the introduction by the State Property Fund of a module for real estate assessment.

"The demand for highly professional consultants, who know the specifics of the market, the legal nuances of innovations, who are able to provide quality advice on many issues, has increased," Pita said.

According to him, now the realtor is required to know the market: familiarity with the pricing environment, the main trends, the ability to build reasoned forecasts, focus on saving the client’s time.

"The status of a real estate specialist is also important – whether he belongs to one or another organization of the professional community, has a corresponding certificate, and so on," Pita said.

According to the expert’s forecast, by the end of the year the number of requests from buyers and sellers of real estate for professional help from realtors may grow by another 5%.

In his opinion, the demand for real estate services will largely depend on legislative changes, namely the possible adoption of bill No. 5600 on taxation of real estate, a bill on regulating the activities of real estate specialists, the introduction of new preferential mortgage and leasing programs.

"If these changes take place by the end of 2021, then it is likely that the need for professional real estate services for transactions in the real estate market may increase significantly," Pita says.