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Real Estate Brokerage Law comes into effect Survival of the trainee who adheres to the system

Real Estate Brokerage System

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Poll: Abdullah Al-Salih: The real estate brokerage system entered into force after a 6-month corrective period to evaluate the experience, fulfill the conditions and address the distortions, Amlak newspaper conducted a survey about the experience of the system and the reasons for continuing in the profession.

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Matar Al-Shammari: Confidence and training ensure survival in the market

Real estate expert and consultant Matar Al-Shammari stressed that the deadline was sufficient and sufficient for all brokers and marketers to have a practical and rich experience, and to determine the possibility of continuity in the field or not, which is a free experience for the General Authority for Real Estate in providing opportunities and testing for those wishing to engage in the field in which those who trust themselves and adhere to the real estate brokerage system remain.

<Al-Shammari explained that The new system addressed the negatives and randomness that accompanied the work method in the past by making it mandatory to attend and apply more training courses that brokers and marketers still need, and this requires monitoring the extent of compliance with the regulations by the General Real Estate Authority, and there is no doubt that any new system will have an aspect of confusion in dealing and dealing with it, and because it came to regulate the real estate market In order to provide a safe environment for real estate transactions and preserve the rights between the parties, and owners need enough time to understand the method of contracting with brokers and marketers, and if the owner complies with these regulations, his right will be guaranteed and preserved, and will greatly reduce the chances of fraud."


























The Authority has provided many opportunities in this field, and by that I mean career opportunities and additional income opportunities to help improve the physical and financial situation, as well as the opportunity to gain new experiences in the field, whether the specialization is in marketing, brokerage, property management and others.

Al-Shammari concluded. Al-Shammari concluded by explaining that the applications will offer a lot in the coming days, and will be a common opportunity for the real estate triangle: (owner-buyer-broker and marketer), especially since they have become safe and documented by the General Authority for Real Estate.

Al-Shammari concluded his speech by explaining that the applications will offer a lot in the coming days.

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Mohammed Al Masaood: Increasing the number of brokers has created issues

<At the beginning of his speech, Mohammed Al Masaood - Public Relations Manager (Real Estate Housing Incubator), explained that the deadline set by the General Authority for Real Estate contributed to the practice of a large number of brokers to practice the activity, and this increased the existence of issues resulting from lack of experience and the increase in the number of untrained brokers in the market because they did not obtain the brokerage courses provided by the Saudi Real Estate Institute, despite the length of the deadline granted, those who benefited from the corrective period will be the ones who can stay in the real estate market according to the new real estate brokerage system.

<Al Masaood pointed out the importance of not limiting the effort to follow up violations, monitor them and apply penalties, as well as activating the evaluation criteria for real estate brokers, and following up their performance in terms of the number of marketing contracts concluded and deals concluded, as the evaluation and follow-up efforts will contribute to raising the quality level of the brokerage field to meet the aspirations. Al Masaood noted that some owners need education and awareness in the modern real estate brokerage system, especially that all efforts are in the interest of owners first and last, to limit random offers that harm the real estate offer, as educating and educating owners enhances compliance and facilitates real estate transactions procedures.

Al Masaood thanked the Authority for obliging real estate platforms to correct their situation, noting their importance and their response in recent years to the desires of customers, warning of the need to control the policy of publishing advertisements in them to protect owners and to enhance real estate security.

Real Estate Brokerage System