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Realtors Association established in Baku

Business Materials 19 December 2008 11:24 (UTC +04:00)

Azerbaijan, Baku, Dec. 19 / Trend , U.Ismayilova/ The Baku Realtors Association, which was founded by MBA Group consulting company, and realtor companies New Europe, as well as Baki Emlak passed registration at the Azerbaijani Justice Ministry on Dec. 18, Nusrat Ibrahimov, general director of MBA Group, said.

"The first meeting of the Association will take place in a large composition early 2009", Ibrahimov said.

The Association targets to establish the united realtor policy in the country.

The Association will fulfill functions of coordinator at real estate market, as well as organization, which will develop culture, ethic and standards in this sector of the market.

The organization plans to create electronic database, where information on prices at market will be collected and which will be weekly, monthly, quarterly and annually presented to people, interested and participating in real estate market of the country, Ibrahimov said.

At present about 800 huge and small realtors function in Baku, Ibrahimov said. Their total number makes up about 3,000 in the country.

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