Q: You talk about a real estate law. How could that help the common man? The seller and the buyer? I hope your project doesn’t mean forcing people to make transaction only through agencies. What is your vision? IP: As far as I know I have not announced any new project related to a real estate law. I am talking about the necessity of such a law and I am ready to support any serious initiative concerning this topic. I have my own opinions and ideas but since no one has asked me about them until now I prefer to keep them to myself. Ultimately, I want this project to be done and I’m [...]

    Q: How do you explain the fact that in two cities similar on many points, Cluj and Timisoara, the difference regarding the residential price is so big? In Timisoara the asking price and selling price is below 800 euro/sq.m., at Cluj the asking price is over 1.000. We’re talking about average prices, so comparable. Is there going to be a decrease in prices in Cluj? IP: Cluj is a, relatively, closed market. This has kept the competition law and has not allowed many foreign players to enter the market. The local developers have made fewer projects, having less competition and [...]

    Q: To the point: what can a real estate agent do for me? What should he do in order to earn his commission? IP: Below, you have an answer I gave to someone else concerning this topic: ·         To know his/her field of expertise very well ·         To be able to explain the advantages and disadvantages of every property (not just to take you there, open the door and let you see it, like some kind of taxi driver) ·         To put in contact [...]

  Q: Mr. Ilias, you talked a few times about the potential that Romania has and highlighting this potential in order to attract investors. But if I make a comparative analysis, I notice only the disadvantages compares to neighboring countries: bureaucracy, corruption, high taxes, etc. What do you think are the advantages of our country? A: You’re right. Bureaucracy and taxes are only present in Romania. In other countries people simply press a button and get everything delivered to their door and they don’t have to pay taxes at all. Let’s be a bit more pragmatic. There [...]

  Q: In the newspapers (in Telegraf, for example), the prices for apartments are much smaller than the ones you present here. Is it that the owner asks for a price that you inflate later on? IP: This is a question that the representatives of the site can answer but as far as I know the owner or the agent sets the price, the site does not get involved in this procedure. Regarding this problem, please keep in mind that aside from the different prices we see, we can also notice different agencies that publish viral commercials to attract clients (with a lower price) and then propose something [...]