VESTI - Latvia

At the beginning of 90-ties, XX century, the real estate market in Latvia started to take shapes as it is understood in the whole civilized world. That was the time when the first real estate companies started to offer their mediation services. Among them, of course, were different kind of companies — such, who intended to work, as well as those, who’s only interest was to make quick money. If the first ones taking care of their reputation were correct in relation to the customers and the sellers of the properties, the other ones were only interested in their profit and therefore often cheated the customers. Actions of these brokers became the negative factor of the real estate market, which in the eyes of society cast an imputation on the whole profession of real estate broker.

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