Can the real estate market exist without realtors

25.06.2020

Can the real estate market exist without realtors?

The owner of real estate agency THE Capital Kostyantyn Pisarenko came to visit Mykhailo Levchenko. They talked about whether it is true that realtors are evil and what will happen to the real estate market after the quarantine.

https://www.youtube.com/embed/0TcfERGMrTo

Are realtors evil?

TO: My team and I do not use the word "realtor". We use the word "real estate expert".
M: What is the difference between an expert and a realtor? And how does it happen?
To: There are two things they want from us. At least an honest approach and expert opinion from us.

THE Capital operates in the elite segment. The agency's clients are people who know how to benefit. You can't spend them. And that is why they are waiting for an honest approach. A realtor in our country is not associated with anything good. The role of a realtor is still not established in Ukrainian legislation. The expert is distinguished by the fact that he knows the luxury real estate market and is ready to show it to the client. Honestly and without hiding anything. When a realtor praises one object, and then goes to another and uses the same epithets, it is cunning.

TO: It is necessary to make the choice obvious. We do offices, dress code, staff training. Training and team building is our second cost item after marketing. We spend more than a million hryvnias a year on this.

M: I just think it's such a work for scumbags. Well, the guy doesn't have a job - he went to realtors.

TO: Yes, there are no bets in our profession. This has a certain plus and a certain minus. It is somewhat motivating. We asked our people questions. They say that when there is no stake, it motivates. I have experts who have been working like this for seven years. By the way, if you are thinking about buying real estate, we recommend that you contact us professional luxury real estate agency THE Capital.

Who deceives whom more often: the client's realtor or the realtor's client?

М: What in your world is cheating?

TO: Fraud is when, let's say, two real estate experts (one with the buyer, one with the seller) come to the apartment. Showed And when the one who was with the buyer goes to the apartment and takes the number of this seller without a second realtor. Such agreements are prohibited.

Read also: How to rent a non-residential premises?

This is the case when a real estate expert is left without money. This is what happens when two parties exchange phones and agree to work directly. And this is mean, at least because they met thanks to a realtor who studied the market, selected a suitable option for the client and introduced him to a potential buyer/tenant. The second option is when the realtor takes over the object from the owner and as a result does not hand it over. But in this regard, THE Capital always fulfills its obligations.

TO: If we have been shown an object, we must close it. I always clearly say to everyone: if you have already attracted, you must close with him.

Read also: Renting an apartment: how to write an ad correctly ?

Will quarantine kill the real estate market?

Kostyantyn Pisarenko has already opened three agency offices, as well as the Mastersky premium interior design studio. While the rest are tightening their belts, The Capital continues to grow.

М: How is it that there is quarantine, unemployment and hopelessness in the country, and you are growing?

TO: There is simply no time to sit and collect snot. Those who are currently stuck in these long New Year's holidays will now have a very difficult time. They will just get lost in how much things have changed. Now everyone will shut up and not spend money just like that. And now the people who were sitting at home, they will come out and be very surprised by what is happening in the market.

What happened to the real estate market during the crisis, is there a noticeable drop in demand, and what to do next - watch the video at the beginning of the article. Was the publication interesting and useful? Subscribe to our real estate blog updates and receive new posts from THE Capital real estate agency.

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