The Czech Ministry of Regional Development is preparing a law that would regulate real estate agents operating in the country. The new rules would set down what agents are allowed to offer and require them to carry insurance. The presumed Minister of Regional Development Klara Dostalova says the previous government was unable to complete negotiations on the new law before the last elections (which hasn’t produced a government yet) but that she now hopes it will take effect in 2019. “We hoped for a while that the situation on the market would solve itself,” she told Czech Television. “But it developed in a direction that we think isn’t correct. Our citizens don’t trust real estate agents and often have negative experiences with them. They are starting to take care of these things themselves. But there are often large properties at stake, so this isn’t going in the right direction.”
