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Real Estate Agent Registration Proposal that Increases Consumer Protections

The III Amadei Real Estate Update Conference, held in Madrid, brought together about three hundred professionals from the sector to discuss the most pressing challenges of the real estate market. Among the main topics discussed were the housing deficit, legal insecurity, the need for a specific qualification for intermediation agents, and the creation of a unified voice to represent the sector.

This event, organized by the Madrid Association of Real Estate Companies (Amadei), featured prominent figures such as José María García Gómez, Deputy Minister of Housing, Transport and Infrastructure of the Community of Madrid, who opened the conference. In his speech, he emphasized the importance of a more fluid relationship with the Administration and the urgent need to implement effective measures against issues such as squatting and unauthorized occupation.

One of the main focuses was on the need to professionalize the real estate intermediation sector. Miguel Ángel Gómez Huecas, president of Amadei, stressed that real estate agencies are essential to provide the security and knowledge required by consumers in an increasingly complex legal and financial environment. In this regard, he advocated for the establishment of a mandatory register of real estate agents to ensure transparency and consumer protection.

Ana Luengo, president of the Association of Professional Women in the Real Estate Sector (AMPSI), highlighted the need to change the social perception of real estate agents. “The biggest ‘black swan’ of the profession is the image of the real estate agent, which must change from within, and for that, associative networking is key,” she said.

Likewise, José Manuel Fernández, Deputy General Director of the Union of Real Estate Loans (UCI), stressed the importance of providing basic legal training to professionals in the sector, noting that they handle families’ assets. He proposed a system similar to the American one, which combines ongoing training with specialized certifications.

The housing deficit, particularly in the Community of Madrid, was another critical point addressed. Carolina Roca, president of the Association of Real Estate Developers of Madrid (ASPRIMA), emphasized the need for a “disruptive regulation” in urban planning to increase housing production by 100%. She highlighted that Madrid has developable land for 370,000 homes, posing a major challenge: transforming that land into effective housing in the next decade.

María José Piccio, General Director of Housing and Rehabilitation of the Community of Madrid, emphasized the importance of legal certainty to attract investment to the second-hand market and rental market. She indicated that measures such as anti-squatting laws and the Rental Plan are essential to strengthen this segment.

The conference showed that the real estate sector faces complexities that demand collaborative solutions and increased professionalization. Amadei, representing the main companies in the sector in the Community of Madrid, remains committed to promoting transparency, sustainability, and creating a unified voice to advocate for the interests of the real estate market.

Source: MiMub in Spanish

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