IDEAS home Printed from https://ideas.repec.org/p/ags/uwltwp/12784.html
   My bibliography  Save this paper

Real Estate Professionals And The Immovable Property Market In Albania

Author

Listed:
  • Moores, Margaret Eveline
  • Flynn, Norman D.

Abstract

The experience of other Eastern and Central European countries would suggest that in Albania, as the market for real property develops, there should also be developments in services that support real property transactions. A competitive and transparent market is usually facilitated by the presence of real estate professionals who bring buyers and sellers together to maximize the opportunities of both. These specialists work primarily through the collection and management of market information relating to real estate and profit through the administration of the process of submitting offers, acceptances, and contracts of sale. The appearance of such real estate professionals began in Albania in 1991, immediately following legal reforms allowing individuals and groups of individuals in society to own real property. This report examines the development of the real estate profession in Albania from 1991 to 1996 and is based on interviews and meetings with representatives of the key actors in any real property market: realtors, builders, urban planners, architects, lawyers and notaries, appraisers, and construction companies. The study was sponsored by the Land Market Development Project for the combined purpose of (a) providing insight on the evolution of Albania's urban real property market prior to full implementation of the Immovable Property Registration System and (b) assisting with the establishment of an Association of Real Estate Professionals, which could improve the professional expertise of realtors and encourage nongovernmental legal and policy research relating to real estate market development.

Suggested Citation

  • Moores, Margaret Eveline & Flynn, Norman D., 1997. "Real Estate Professionals And The Immovable Property Market In Albania," Working Papers 12784, University of Wisconsin-Madison, Land Tenure Center.
    • Handle: RePEc:ags:uwltwp:12784
    DOI: 10.22004/ag.econ.12784
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/12784/files/ltcwp11.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.12784?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Luciana Kabello Koprencka, 2014. "Factorial Analysis of Albanian Housing Market," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 10(4), pages 127-144, August.
    2. Thiesenhusen, William C., 2000. "Recent Reforms Of The Urban Housing System In Central And East Europe," Working Papers 12802, University of Wisconsin-Madison, Land Tenure Center.

    More about this item

    Keywords

    Land Economics/Use;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uwltwp:12784. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ltcwius.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.