Real estate agent as the institution obliged to counteract money laundering (Part Two)

The article under the title “Real estate agent as an institution obliged to counteract money laundering” discusses statutory responsibilities of agents as regards the AML policy. The second part of the paper examines how to identify the risk associated with a particular client and assignment and how to make a correct assessment and to eliminate the threats. Risk assessment criteria have been discussed with respect to the type of the counterparty, the specific nature of products and services offered, the geographical region of origin of the money and transaction identifiers. The signs of potential threats have been described and systematised in Chapter Six. The paper underlines the fact that the agent’s activities are based on internal AML procedures and should be adequately evidenced. The paper ends with a summary of the researched topic.

The Showing

What level of proof is required to believe in the spiritual and the afterlife? What level of proof is required for disclosure to others as material? In this work of philosophical short story fiction, Mariette is a real estate agent that is informed by the seller that the house is haunted by a ghost. Mariette is prone to believing in ghosts, but feels this is information she is not required to tell a potential buyer. However, shortly thereafter, she starts getting strange static phone calls and seeing a woman from an earlier time walking the streets pushing an empty stroller. The situation comes to a head when she does some research that turns up a missing woman and child. Her phone rings again, again providing only static. By talking to the static Mariette is able to determine the sequence of events leading to the murder, and is able to set the wandering ghost free by giving it peace.

El paraíso perdido: La adaptación a la pantalla de Las viudas de los jueves

In 2005, Claudia Piñeiro published Las viudas de los jueves, a novel about the life in “countries” (gated neighborhoods) in the greater Buenos Aires, and in 2009, Marcelo Piñeyro adapted it to the screen. Athough Mavi, a real estate agent, describes life there as a paradise, we see that problems and hypocrisy dominate throughout the film. Piñeyro utilizes various cinematographic techniques to underscore the economic dichotomy between the “inside” and the “outside” and to emphasize the themes of sex and death. Dudley Andrew emphasizes the importance of “the sociology and aesthetics of adaptation,” and Piñeyro’s film, just like the original novel, reflects what sociological studies by Svampa and Castelo reveal about life in the “countries.” In addition, the film is made in a moment in which Argentina’s economic problems continue. Although Piñeiro’s work is not a detective novel, the structure of the two texts have elements in common with that genre. Although the film version does not have the moral weight of the original narrative, the film makes us see that life in the “countries” can be paradise lost.

Quality-Adjusted House Price Indexes

The constant-quality assumption in repeat-sales house price indexes (HPIs) introduces a significant time-varying attribute bias. The direction, magnitude, and source of the bias varies throughout the market cycle and across metropolitan statistical areas (MSAs). We mitigate the bias using a data-driven textual analysis approach that identifies and includes salient text from real estate agent remarks in the repeat-sales estimation. Absent the text, MSA-level HPIs are biased downward by as much as 7 percent during the financial crisis and upward by as much as 20 percent after the crisis. The geographic concentration of the bias magnifies its effect on local HPIs. (JEL C43, E31, R11, R31)

Navigating a changing private rental sector: opportunities and challenges for low-income renters

This study investigated how low-income renters navigate the private rental sector (PRS) via three core pathways: the formal (via traditional or mainstream real estate agent intermediaries), informal (direct to rooms and dwellings privately managed by landlords and sub-landlords) and supported pathways (via community housing agencies). It provides practitioners and policy makers with an evidence base on changing practices and ways forward in shaping equitable PRS institutions.