The regularization of real estate promotion

The IMOPPI – Institute of the Market for Public and Private Works and Real Estate has underway a process of reflection that, finally, should culminate in the setting of rules that put order in the sector and increase the guarantees of citizens.

Professional registration and professional insurance can be the key parts of the new regime.

The real estate developer should be compared to the conductor who directs the orchestra, even without knowing how to play all or even any instruments.

It is the maximum responsible for the work to come out tuned.

To do so, regulation will have to be created, in which it is defined what is a Real Estate Developer. Its obligations and guarantees will have to be defined, not only in relation to the consumer, but to society as a whole. If you don’t comply, you won’t be able to act in the market.

Compulsory insurance or a bank guarantee may be the most practical way to obtain quality construction indirectly and with less bureaucracy.

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