While the Romanian Real Estate market experiences one more difficult year, some careful analysts notice that we also have a significant positive change. While so many people speak about unsold residential projects, insolvencies and low prices, there are some others who speak about a different atmosphere, more sales, more interest! Is it a coincidence? Let us find out today… A market full of problems… If you ask Real Estate brokers or consultants, most of them will make it clear for you from the very beginning: The Romanian market is still very difficult, especially the residential [...]
7+1 small secrets for women investing in Real Estate
Once a woman decides to deal seriously with investments, her results can be impressive. The same stands for the Real Estate sector too. Even if she is not an expert of this field, having few simple and clear secrets in mind, she can surpass many “I know all” male investors. Location, location, location Whatever one might tell you, no matter what “beauty” you might find in something “hidden”, the location of a property is always very important. It makes the difference and sometimes it worths a bit higher price too. Any investment should have a specific time [...]
“Too much dust, produced by just few cars”
(Romanian Real Estate market: The first two months 2011) My famous, “very optimist” friend: “2011 will be a very positive year” It was just the end of last year, when so many people appeared in the media, declaring that the crisis has ended. My famous, “very optimist” friend did not lose the opportunity to call me: – “Hello Ilia, how are you today?” – “Quite good, what about you?” – “I have never been better. Have you seen the news?” – “News regarding what?” – “The Real Estate market exits the crisis, [...]
“Too much dust, produced by just few cars”
(Romanian Real Estate market: The first two months 2011) My famous, “very optimist” friend: “2011 will be a very positive year” It was just the end of last year, when so many people appeared in the media, declaring that the crisis has ended. My famous, “very optimist” friend did not lose the opportunity to call me: – “Hello Ilia, how are you today?” – “Quite good, what about you?” – “I have never been better. Have you seen the news?” – “News regarding what?” – “The Real Estate market exits the crisis, [...]
Could a sick mentalitypoison the recovery process?
Since some weeks ago, I keep on telling you about the slow recovery process that I expect us to have, if everything goes well in the following 1 – 2 years. It might start as a politically initiated “progress”, probably it will be fuelled also by a possible European economic recovery during 2011 – 2012. The fact is that there is a serious potential for 2011 to be better than 2010, 2012 to be better than 2011 and 2013 to be the best year since 2007. “Why do you sound so uncertain?” Many of my friends “accuse” me for being very uncertain in my predictions this year. “Why don’t you write clear [...]
To Sweden, for… Romania!
Hello from cold Uppsala and Stockholm! After a an exhausting week, yesterday I flied to Sweden. I came here for two reasons: To meet my brother, Nikolas, who works in the Uppsala university (but soon moves to England) and also to meet with two Swedish investors about Romania. “Swedish investors? Is there such a category of investors in Romania?” you might ask me. Yes, it is. There used to be a bigger number of investors from Sweden in the past, but now we discuss with some people, in order for them to return. I will tell you more next week! [...]
“The market stands at 250. My client offers you 170”“I want 800. You can keep all the money over this price”
2010. Summer. We had just signed a contract, buying a land for a retail project in a major city of Romania. My client, happy about the end of this transaction, invited me for lunch. But as we sat in the restaurant, a gentleman came to talk to me. “You are the Greek, no?” “Hello, mister Mihai. How are you?” “Sad, very sad. You did not conclude our transaction and you bought for your client another property. Why did you play with us?” “I have not played at all, but it was impossible for me to deal with five owners, out of which three were serious, one was questionable and one was too intelligent [...]
Q: How did 2012 start for the residential market in Iasi?
Dan Mihoci: The real estate market is headed towards normalcy, without “sentimental” pretentions of the seller or unfounded requests from buyers with an evident need for consultancy, for both buyers and sellers. Despite the bad weather and the economic and political instability, the real estate market is an interesting chapter for everyone.
Q: In 2011, the year started with a high level of interest but few transactions. How did the market evolve ... 
CPI, trainings and dejavou: Collaborations and 5 secrets for professionalism
Last Tuesday I attended CPI, “Clubul Profesionistilor de Imobiliare”, an event organized by imobiliare.ro. There, during the presentations held by Isfachan Doechie and Iulian Niculae, I felt like I was living a dejavou… 2007 – 2008: Tens of hours invested in training… It was back in 2007, when I decided to move from simple trainings for my people, to an extensive programme. I was training my colleagues already since 2005, but I thought of trying something more intensive, more professional. I invested about 40 hours in providing to my team knowledge and know how, around 25 – 30 people at that [...]