\n\tThis article was published on 15.09.2010\n<\/p>\n
\n\tGreeks have plenty of proverbs, some of them I like using myself as well. One of them says "Body dies first. Habits follow" and it means that when some people have bad habits, they never get rid of them until they die. So it is impossible for them to adapt to changes, new situations etc.\n<\/p>\n
\n\tLately this is the feeling I receive from Romanian Real Estate market<\/strong>. In 70 – 80% of cases, people continue behaving exactly as they used to in the glorious years of 2005 – 2008. So, even during this crisis, they keep on:\n<\/p>\n \n\tStill discussing for the basics…<\/strong> \n\tSome of the (plenty) last incidents…<\/strong> \n\t"Until the last moment, there is always the chance for a stupid client to appear and pay the price I want"<\/strong> \n\t"Why do you complain? This is good for you"<\/strong> \n\tWhen seriousness is the exception and not the rule…<\/strong> \n\tWe reached a moment where problems are very complicated and everyone should behave accordingly. With 70 – 80% of people "behaving like the good old times", refusing to be more careful and serious… 2011 looks difficult. Very difficult…<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" This article was published on 15.09.2010 Greeks have plenty of proverbs, some of them I like using myself as well. One of them says "Body dies first. Habits follow" and it means that when some people have bad habits, they never get rid of them until they die. So it is impossible for them to […]<\/p>\n","protected":false},"author":3,"featured_media":59454,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[216,17,236],"tags":[],"_links":{"self":[{"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/posts\/5526"}],"collection":[{"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/comments?post=5526"}],"version-history":[{"count":0,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/posts\/5526\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/media\/59454"}],"wp:attachment":[{"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/media?parent=5526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/categories?post=5526"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.iliaspapageorgiadis.ro\/english\/wp-json\/wp\/v2\/tags?post=5526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
\n\tThe Real Estate market continues contracting and it will be much worse next year, as Romania will not exit the crisis. But during this difficult period, I don't see around me too many people willing to wake up and adjust themselves to the necessities that this crisis has created. They refuse to be more professional, respecting the others around them a bit more. When we still discuss for the basics, how can we escape from this vicious circle that we are into?\n<\/p>\n
\n\tA collaborator of my company complains that in 2 cases his client tried not to pay his commission, using as excuse that "he did his job fast and he didn't work hard enough for such a sum of money".\n<\/p>\n\n<\/ul>\n
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\n\tWe also met at least three people so far (two of them very well known in Real Estate world) who preferred to file for insolvency, instead of selling at a normal market price. Until the last second they were trying to trick the clients, lying for anything possible and when they were caught lying, their response was: "This is my price, take it or leave it". We… left it and they lost the property and the money. But they are still proud… One of them told me "until the last moment, there is always the chance for a stupid client to appear and pay the price I want"\n<\/p>\n\n<\/ul>\n
\n\tWhen I complain for this kind of (daily) issues, some friends of mine tell me that I should be happy. "Why do you complain? This is good for you. You will have lots of work… to verify things, to solve problems, to protect people etc" they insist. But they forget the main idea: This is not about me, or just any other company. It is about the market itself.\n<\/p>\n
\n\tWhen things continue to be "unserious" and seriousness is the exception and not the rule… how do you really expect the market to stabilize or to improve?\n<\/p>\n