Roles of professionals and services in the real estate market

• Author: Ovcak Kos, Maja
• Pages: 21-21

Consum er mar ket stud y on the fun ctio ning of the r eal estate servi ces for consum ers in the EU – Coun try Fiche Sloven ia

21

3. Roles of professionals and ser vices in the r eal est ate m ark et

Ta ble 7: R ole of p rof essi ona ls i n t he re al est ate m ar ket

Est ate age nt

Pr ope rty

va lua t or 5

La w ye r/ Ad voc at e/

Solic ito r

No t ary

Ba nk

Te chnica l e xper t

( archit ect ,

en gin eer,

su rv eyo r)

Ma in f unct ion :

do es t he

pr ofe ssiona l

typ ical ly w ork

in dep end ently or

as part of a fi rm

or an oth er

or gan isation?

Usually in a firm;

usu ally also in

collabor ation wit h an

onl ine agen cy

N/ A

Usually in a fi rm

Ind ependen t

pr acti tion ers

(m andatory)

N/ A

N/ A

Exte nt of

en gage me nt ( at

w hich po int (s )

do es e ach

pr ofe ssiona l

inte rve ne in th e

pr oce ss?)

First point of co ntact

(m atchi ng p arti es)

Drafti ng the sales

contr act and/ or deed

of conv eyan ce ( rar e)

N/ A

Drafti ng the sales

contr act and/ or deed of

con veyanc e (rare)

Drafti ng the sales

contr act and/ or deed

of conv eyan ce ( rar e)

Cont rol of tax

paym en t

Verification of

signatur es

Cred it and

mortgag e

app lication

N/ A

Ma nd ator y

in vo lv em e nt

No

N/ A

No

Yes (ver ificat ion of

signatur es)

N/ A

N/ A

Ho w ar e t hei r

fe es/ ch arg es

st ructur ed

% cont ract pr ice

-

Based on valu e

Based on v alue

Fixed fees by

each bank it self

N/ A

5 I n som e EU co unt ries, th e rea l est ate prop ert y v aluat ors are r egul ated as a pro fessio n th at is sep arat e fr om estat e ag ents (e. g. H ungar y, Lith uania , Lat via ); the ir s ervi ces m ight be oblig ator y,

espe cially wh en t akin g m ort gage loans .