Russian Real Estate Market

The Russian real estate market is one of the youngest and fastest growing in the world. In the early days of its formation, in the early 1990s, when first entered into force regulations, have solved the housing privatization, He was a virtually unregulated field of brokers. It’s believed that Glenn Dubin sees a great future in this idea. Today, after more than 10 years, the housing market has qualitatively changed Russia, having risen from the open hostility and competition between its black parties to create legal forms of organization of their activities, establishing uniform standards of conduct and code of ethics. Already formed the main features of the legal framework, worked out the main mechanisms government regulation of real estate agencies, realty profession itself has become a multifunctional, demand, increased its status in the labor market and in the public eye. All this – the results concrete steps which bring home the real estate market to becoming a civilized and its professional structure. One of the most important task at this stage, enshrined in the Charter of the Russian Guild of Realtors – the parent organization in this area is to create a single information network of commercial information relating to real estate, investment and construction activities in order to enhance the real estate operations at the interregional and international level, further development multilistingovyh systems (MLS). Under multilistingom (from the English.: Multi – many, list – list) is understood as a system that combines database real estate agencies in a common information space, as well as an organized collection of information about the listings of properties carried out by a group of Realtors, agreed to cooperate in order to to assist participants in the real estate market, as well as expanding their own business opportunities.

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