The <a style="color: #993300;" href="https://amlak.net. The General Authority for Real Estate corrected and regulated the status of brokerage practitioners and real estate service providers by issuing licenses without financial compensation and without the requirement to pass the qualification program, before the expiration of the corrective real estate brokerage system on 30 Dhul Hijjah 1444 AH, corresponding to July 18, 2023 AD. The Authority granted the corrective period, based on its role in stimulating real estate brokerage activity and enabling real estate practitioners to continue their business in accordance with Real Estate Brokerage System, which requires brokerage practitioners and real estate service providers to obtain the necessary licenses to practice the activities specified in the system.

Real Estate Brokerage System. The Real Estate Brokerage Law, which came into effect early this year, includes seven main activities subject to its provisions: "real estate brokerage, real estate marketing, property management, facilities management, real estate auctions, real estate advertising, and real estate consulting and analysis«.

<Individuals are limited to only four of them, namely brokerage, marketing, advertising, and real estate consulting and analysis. Individuals wishing to practice these activities are required to obtain the special license to practice the activity and its requirements, pass the qualification program for each activity, pay the license fee, except for the license to practice real estate marketing and advertising, and register on the Authority's e-services platform.

These activities are limited to four only, namely brokerage, marketing, advertising, and providing real estate consultancy and analysis.