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Minister Ollongren will make the purchasing process more transparent

A more transparent purchasing process with equal opportunities for buyers. This is what Minister Kajsa Ollongren of the Interior and Kingdom Relations wants. She wrote this in a letter to the House of Representatives. The Royal Dutch Association of Civil-Law Notaries (KNB), along with several other organizations, is in discussions with the ministry on this topic and is contributing where possible. The minister intends to implement a bidding logbook, among other things, allowing sellers and prospective buyers to monitor the bidding process.

Ollongren informed the House (pdf, 221 kB) that approximately 80 real estate agents are already participating in a pilot program for a digital bidding logbook. She encourages this and wants all real estate agents to eventually use a digital bidding logbook.

Subject to financing and building inspection
Furthermore, she wants the chances of finding a suitable home to buy to be independent of how much risk you're willing to take. She's exploring whether financing and building inspection reservations could become mandatory when a consumer purchases a home. In that case, the financing and building inspection reservations would become a standard part of the purchase agreement.

Access offer
The chances of finding a home to buy should no longer depend on when you access the housing market. "Currently, in some cases, there's so much interest in a home that those who have first access to the new housing market also have the best chance of viewing a home and submitting an offer. I find that undesirable," the Minister stated in her letter. Ollongren aims to provide the House of Representatives with further information in the spring of 2022.

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