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Real estate notary won't suffer from mobilization

Real estate notary won't suffer from mobilization


Lines to notary offices, appeared in Saint Petersburg and other cities for the last days and caused by partial mobilization and country leaving, won't affect on real estate purchasing bargains, realtors believe.


Since 29/09 mass media report about madness lines in notary offices: men, who waits for agendas or has already received them, are in a hurry to issue a power of attorney on business management and property.


However, realtors think, that even a luck of pre-registration to a notary won't affect on bargain registration. According to the assessment of Alexander Ginovker, the president of Real estate agency "Nevskiy prostor", People appeal to notary offices not in a half of a bargains. Yuriy Sergeev, CEO of Real estate agency "Dinas", declares, that participants of a bargain turn to a notary quite rarely.


Firstly, it is more profitable for notary offices to work with clients of real estate market. Certification of a one transaction in monetary expression equals to issuing at least 10 powers of attorney: 20-35 thousands (depend on an object) versus 2 thousands for the power of attorney


Secondly, not all of the buyers of real estate on a secondary market turns to notary services. There are some categories of estate, which have to be notarized in bargains, for example, purchasing a share in an apartment or bargains with participation of minor children.


Sergeev says, that demand on a room purchasing (which is exactly a share of apartment) is extremely low lately - Owners higher the price too much.


Should be mentioned, that even the secondary market in 2022 behaves itself untypical: if Rosreestr for the previous years has monthly registered 5-7 thousands of bargains, this year the spread counts 4,8-11 thousands in different months. Moreover, for the last time the quantity of bargains goes down. So, it is the great time for notary offices to do other work.


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