Anniversary of real estate barbarism

Institutional design governs this
Institutional design that rewards privilege and punishes open competition (illustration)

There was a time when Real estate brokerage in Argentina It flowed honestly to the rhythm of trust, personal ability and voluntary agreement between the parties. It was an industry where reputation and talent were worth more than any enabling masthead, and where the only arbiter was the consumer.

This spontaneous order, so natural in all commercial activity, was interrupted, at first timidly and then with almost surgical insistence, by A series of promoted regulations that ended up trapping the sector within a maze of credentials, restrictions and rituals. This process is exactly what is described below graph: A timeline of the real estate brokerage hijackIt is supported by two pillars: the fallacy of “professionalism” and an appeal to citizens’ fear.

What started in 1943 with the union (faimsi) Which had no institutional pretensions, became, starting from the phase of de facto governments in the 1970s, the beginning of the legislative scaffolding designed to position the state – and those who knew how to interpret it as a business – as the exclusive arbiter of an activity that never needed irrelevant guardians, and ended up giving life to what today are called “estate colleges”.

This was no accident: the foundations of this scaffolding were born in a context where distrust of individual abilities, anti-business biases, and the drive to insularity and non-competition justified any mechanism to “control and punish” those who dared to act without the permission of the bureaucrat on duty. The milestones that followed deepened the imagination.

In 1985, the forced unification of two very different professions began: professionalism Pamper (Dedicated to auctions and auctions) for Runners (Commercial brokers). In 1998, President Menem used his full veto to put an end to the progress of the law promoted by the FAEMCI which was inspired by the Spanish regulatory frameworks, and ironically at almost the same time it was dismantled by Royal Decree Law No. 4/2000 on urgent measures to liberalize the real estate sector, due to the complete failure of the forced registration model.

This was saved by the national law, 25.028, which was strongly objected to by the executive December 1, 1999 By the legislative branch in a parliamentary maneuver that can only be interpreted today as a final victory for corporate interests over free market logic, and as a dividing point between the economic openness of the 1990s and the decline of interventionism in the following two decades.

From 2000 onwards, it became… Real estate collegesmultiplied in reflection of the same design and already in the hands of regional regulations, complete the lock: artificial educational barriers (from 9 to 900 days of teaching), regional restrictions (absorbable internal customs), price control (through minimum and maximum tariffs), discretionary sanctions (acting as judge and party) and, finally, the perfect argument for closing the circle: the false equivalence between “profession” and “professionalism”.

What the graph starkly shows is that none of this happened by natural evolution. It was a progressive, patient and methodical builder. Each contract added another brick to the wall separating the activity from its commercial core. This is kidnapping: the illicit transfer of value from people to false institutions that seek to monopolize them.

But every chronology has a climax. And at that point, that point is 2015, when the Civil and Commercial Code completed the symbolic, legal and cultural unification of a system that no longer needed technical arguments for its existence, incorporating the word “possible” into the right to freedom to engage in trade and freedom of association. What happened next was not evolution: it was a prolonged management of decline that continues to this day.

The chart provided not only narrates capture. It also indicates, in its deepest reading, the emergence of the antibody. Because in a highly regulated market, real life always prevails in the undercurrents: what happens every day among flesh-and-blood people who work voluntarily, and who never stop working. True value contribution never waits for permissions to exchange goods and services, nor seeks safe, trustworthy behavior..

While some rules imposed stagnation, life made its way. While real estate associations claim to be the industry’s moral reserve, consumers are turning to talent, service and innovation. While some defend privilege, thousands prove that excellence never arises from imposition, but from merit acquired in the sphere of daily life.

It’s not about demonizing specific individuals, it’s about nudity An institutional design that rewards privilege and punishes open competition. There is something deeply revealing in this tension. When a system needs more and more regulations to maintain itself, it is because it has not had legitimacy since its inception. Economic history is full of examples of structures that became so heavy that they collapsed under their own weight. Argentine real estate brokerage is exactly at that point.

The timeline says it all: eighty years of building artificial barriers… and it is only a few moments before we notice that they no longer have any meaning or place in a country that seeks to promote free enterprise and open competition. Therefore, the last message is not pessimistic, but rather a reminder. When history clearly shows how an activity was hijacked into the hands of a handful of survivors who chose to operate within a “hunting reserve,” it also points the way to its liberation.

This path does not require many champions: it requires a formal return of activism, from government structures, to those who have always been its true champions: the individuals who add value, the entrepreneurs who connect needs, and the consumers who make choices.

This is that moment. It is not a technical, legal or institutional crisis. It is simply the return of the natural to the artificial, which is typical of changing times: agreement over licensing, ability to license, trust over bureaucratic seal. Extraordinary estate colleges, which are ultimately a pretext for state intervention, may be appropriate for a country that exacerbates intolerant sentiments for state religion, but they have nothing to do with it. A republic aimed at promoting economic freedom, free enterprise, and respect for individual decisions.

Adding the capacity for innovation and tools available today, Argentina can once again become a beacon to the world in the commercial real estate brokerage sector if, through real estate liberalization, it is encouraged to put these regulatory masterpieces that we will one day remember as real estate colleges to compete. All that remains is for reality to triumph again.