'Agents must pass an exam to work in real estate.'

Veselin Dragash, president of the real estate group at the Chamber of Commerce, expressed hope that the Law on Mediation in the Sale, Purchase and Rental of Real Estate could come into force in early 2024.

"Real estate is an unregulated market, there is a significant shadow economy, agencies struggle with disloyal competition, real estate students are not protected, the quality of intermediary services is extremely low.... "There are many things that need to be worked on and legislation needs to be improved," Dragaš said in the Morning Colors program on Vesti TV channel.

The program "Morning Colors" on the Vesti TV channel.

agents will have to pass an exam to obtain a license for real estate mediation.

Also, after the adoption of the''law only licensed real estate agents will be able to advertise.

"All advertisers will have to state the license number under which they are registered in the registry. We have a register of agents and a register of intermediaries.

Dragaš said that the real estate market is a real estate market.

that the real estate market in Montenegro is stable. He pointed out that there are fewer buyers compared to last year, "one of the record". Currently, as Dragaš said, there is no decrease in real estate prices and should not expect it in the near future.