The GRA announced the entry into force of the “Standards for Licensing and Classification of Electronic Real Estate Platforms” and "Real Estate Advertising Controls" from today.
The standards of licensing and classification of electronic real estate platforms and real estate advertising controls will contribute to the governance of the activities of real estate establishments, raise the reliability of dealing with them, preserve the rights of customers, and enhance the quality of services provided in the real estate sector, according to a system that governs the electronic real estate marketing process.<The Authority stressed the importance of adhering to the controls of real estate advertisements that the advertiser must be a Saudi national, or a legal entity licensed to practice the activity in the Kingdom, and that the advertiser must be the owner of the property or authorized, with the addition of the numbers of the advertiser and authorization issued by the Authority in real estate advertisements.
It is noteworthy that the Authority launched Aqari electronic services to provide real estate facility registration services, licensing of real estate platforms, real estate advertiser service, individual license service, and other services such as: The real estate platforms and individuals wishing to practice real estate advertising can apply for a license through the electronic platform https://eservices.rega.gov.sa/, and they can also obtain the license electronically through the platform.
The General Authority for Real Estate has held 35 workshops with electronic real estate platforms detailing the procedures for obtaining the Authority's license for electronic real estate platforms.
It is indicated that the controls come within the role of the General Authority for Real Estate in regulating the real estate activity.
