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Yudivián Almeida

Yudivián Almeida

Real estate companies on the web

THE REAL ESTATE BUSINESS IS GAINING FORCE on the Cuban market and in private initiative. The recent legalization of property sales among private individuals, the Cuban population’s need for housing, and the availability of real estate are the main causes behind the rapid emergence of the Cuban real estate market. Today, the main setting for the mediation of supply and demand in real estate is online classifieds. These are the spaces where one can actually assess this market. However, a new scenario of authorities in this business is now looming. Cuba’s Official Gazette published an article on Sept. 26, 2013 referring to “agents for the swapping and buying and selling of homes,” authorizing the work of what are known as real estate agents in other parts of the world. Charged with “managing and coordinating the realization of swaps, and the buying and selling of homes at the request of clients,” real estate agents, unlike the great majority of authorized private jobs, can benefit in their activities from a certain level of professional training. That is why law graduates, given their legal expertise, as well as construction industry professionals, have a lot of potential as agents for home swaps and sales....