ABOUT THE IMPROVEMENT OF MONITORING OF REAL ESTATE ACTIVITY IN THE REPUBLIC OF BELARUS

UDC 332.856.07; 338.24

  • Semenova Lyudmila Sergeevna – PhD student, Department of Production Organization and Real Estate Economics. Belarusian State Technological University (13a, Sverdlova str., 220006, Minsk, Republic of Belarus). E-mail: semyonova.mila.s@gmail.com

DOI: https://doi.org/10.52065/2520-6877-2021-244-1-146-150

Key words: real estate activity, monitoring, risk-based monitoring, performance indicators, quality indicators.

For citation: Semenova L. S. About the improvement of monitoring of real estate activity in the Republic of Belarus. Proceeding of BSTU, issue 5, Economics and Management, 2021, no. 1 (244), pp. 146–150 (In Russian). DOI: https://doi.org/10.52065/2520-6877-2021-244-1-146-150.

Abstract

The purpose of this work is to analyze the existing system of monitoring of the real estate activity in the Republic of Belarus and suggest ways to improve it. The article considers the system of interaction of real estate organizations with consumers and government agencies, provides indicators of real estate activity assessment, which are used today, identifies shortcomings in their content and the procedure of obtaining information by regulatory agencies.

The basis of the very complex system is paper workflow. There is no clear instruction on reporting, and there is no access to industry statistics. The existing monitoring procedure does not allow assessing the real state of affairs in the analyzed industry for regulatory authorities, consumers of real estate services, real estate organizations.

The article describes the concept of a risk-oriented approach and makes proposals for its implementation in monitoring of real estate activity. A promising list of monitoring indicators has been developed, it designes to make the analysis more objective, and the real estate activities more effective and transparent. The system includes both absolute and relative quality and efficiency indicators of the real estate activity.

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References

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