Institutional conditions of changes of the real estate brokers profession on the real estate markets

Authors

DOI:

https://doi.org/10.26485/SPE/2019/112/17

Keywords:

institutional aspects of real estate market; real estate agents; real estate market

Abstract

The profession of real estate broker in Poland has been regulated by low. Currently, according to the Act amending laws regulating the performance of certain professions, so-called Deregulation Act, from 1 January 2014 access to this profession has been opened. The main problem of this article is to try to answer two questions. The first one concerns the direction of changes in the brokerage profession in the real estate markets from the point of view of the level of formal qualifications and the functions performed. The second one refers to the assessment of institutional changes (formal and informal) affecting the profession of real estate broker. The empirical research material has been collected by the pilot survey method and the literature analysis of the subject. As a research tool, the author has been used the questionnaire in an electronic form – a web questionnaire. As a result of carried out analysis, it can be conclude that the introduction of the Deregulation Act in a fundamental way did not change the professional functions performed by real estate brokers. The analyzes show that after 2014, the percentage of respondents raising their professional qualifications by participating in trainings increased. At the same time fewer people completed post-graduate studies and courses in this area. The analysis of the empirical material also indicates that the respondents definitely negatively assessed the changes taking place in the intermediary profession, caused by institutional factors such as Deregulation Act.

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Published

2019-11-11

How to Cite

Miklaszewska, A. (2019). Institutional conditions of changes of the real estate brokers profession on the real estate markets. Studia Prawno-Ekonomiczne, 112, 303–323. https://doi.org/10.26485/SPE/2019/112/17

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Section

ARTICLES - THE ECONOMICS