Real Estate Brokers, registered by the Unique Association of Real Estate Brokers of the City of Buenos Aires, have the particularity of being professionals who know the pulse of the daily reality of many citizens. In times as challenging as those in which we live, marked by fire by a pandemic that has turned the whole world upside down, the local real estate market was one of the sectors hardest hit by an unexpected situation, to which is added a crisis that it has been getting worse for several years.
In each neighborhood of the city, the more than seven thousand Real Estate Brokers are part of the daily social and economic fabric of millions of residents. In times of uncertainty caused by the pandemic in the lives of all of us, other factors have been added that affected the lives of many families: the lack of certainty about the home they live in or the viability of a lifetime investment .
A Rental Law (which harmed both tenants and owners), emergency regulations for health reasons, a global crisis that is fueling our always unstable economy and many other situations have made the work of Real Estate Brokers take on new value . Their role as intermediaries has ensured that litigation remained at levels prior to the pandemic, that evictions did not skyrocket and the possibility of reaching agreements between parties so that the battered real estate market of the City did not collapse definitively and irreversibly, preventing thousands of citizens from losing the roof that shelters them in the middle of the pandemic.
Transform offices into housing units. A project promoted by CUCICBA.
From CUCICBA, as the institution that represents them, online surveys were constantly carried out to provide concrete data of the reality, making known the situation of the tenant market and thus helping the authorities to make decisions based on realistic data, debunking false opinions. and tendentious. In the same way, its authorities worked tirelessly to ensure that the Rent Law – which increased the value paid by a tenant by 60% and reduced the offer of the owners by 40% – be reconsidered and can be modified as soon as possible. .
But it is the professional dynamics of the Runners that shows that their daily work is essential to find solutions even in the worst circumstances. As an example, it is worth considering what is happening in the area of the micro and macro center of the City, perhaps the area most affected by the economic crisis brought on by the pandemic. There are more than 220,000 square meters of offices that are virtually abandoned.
“We are consulted by people who come from Greater Buenos Aires and who, to maintain their source of work, want to live close to where they work. Other people who, for other reasons, do not want to run the risk of not being able to cross General Paz and need to spend part of the working week in the City ”comments Hernán Iradi, Secretary of the College. “We get in touch with owners, administrative councils of the consortiums to ensure that spaces that were offices can adapt to these new demands, we suggest that soft loans be generated to adapt the properties, etc.”.
The City Center was badly hit by COVID and deserves to be renovated to live again.
“CUCICBA is also part of the Council for Strategic Planning of the City and in this area we are helping to plan public policies that have a direct impact on revitalizing this area that used to be so vibrant and today is one more victim of COVID” adds the Secretary of the institution .
“This is just one example that serves as a sample of the attitude of Real Estate Brokers as generators of solutions with a professional, innovative and dynamic vision,” says Hernán Iradi. “The Runners are part of the solution, we do not stay in the complaint waiting for others to magically solve reality. That is why it is essential that the authorities listen to us ”, concludes the Secretary of the Buenos Aires Real Estate Brokers Association.