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Update news real estate brokers
Localities are taking serious measures to control real estate brokerage activities and speculation, as they believe that the activities are behind land price escalation.
VietNamNet Bridge – The Ministry of Construction recently issued a circular on granting certificates to real estate agents as part of efforts to ensure a high quality of brokering and clean up the current mess in the sector.
Although the new land price framework in HCM City has only recently taken effect, some brokers have taken advantage of the change to increase property prices.
VietNamNet Bridge – Foreign real estate service firms once “bossed the show” in the golden age of the real estate market. However, in the economic crisis, things have got quite different.