| Summary: | The housing market in Sweden has been a central debate topic in media during the past few years. The increase of prices in the big cities has caused hectic auctions that leaves the bidders to question whether the process really passed as it should. The bidding process has today no regulation by law and it is therefore up to the seller to decide how he wants it to proceed. This brings consequences in form of unhappy customers that does not know what to expect of this process.One solution, that has been discussed in media already, is to make the bidding process more safe by making the bids legally binding. This thesis is written in order to find out how this kind of regulation would change the swedish housing market. To do so we will investigate the system in Norway to see how they handle the binding bids.The investigation is based on interviews with industry professionals that has knowledge of the subject. The interviews showed that there is split opinions about whether binding bids in the housing market would be a good regulation since both advantages and disadvantages were discussed. The regulation of the law is comprehensive and it would take many years to process before it would be applied. Thus the result of the investigation is that both the real estate industry as well as the customers will need time to adapt to the new law, since it is a major change. On the other hand, binding bids would contribute to a safer bidding process in the sense that the risk of false bids probably would be eliminated. That in combination with a slower and more serious bidding process makes the regulation reasonable in the long run. === The housing market in Sweden has been a central debate topic in media during the past few years. The increase of prices in the big cities has caused hectic auctions that leaves the bidders to question whether the process really passed as it should. The bidding process has today no regulation by law and it is therefore up to the seller to decide how he wants it to proceed. This brings consequences in form of unhappy customers that does not know what to expect of this process.One solution, that has been discussed in media already, is to make the bidding process more safe by making the bids legally binding. This thesis is written in order to find out how this kind of regulation would change the swedish housing market. To do so we will investigate the system in Norway to see how they handle the binding bids.The investigation is based on interviews with industry professionals that has knowledge of the subject. The interviews showed that there is split opinions about whether binding bids in the housing market would be a good regulation since both advantages and disadvantages were discussed. The regulation of the law is comprehensive and it would take many years to process before it would be applied. Thus the result of the investigation is that both the real estate industry as well as the customers will need time to adapt to the new law, since it is a major change. On the other hand, binding bids would contribute to a safer bidding process in the sense that the risk of false bids probably would be eliminated. That in combination with a slower and more serious bidding process makes the regulation reasonable in the long run.
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