The real estate sector is one of the most attractive sectors for investment, and despite its appeal, it is subject to negative practices by foreigners, particularly in the field of real estate marketing\u2014\u00absales, buying, and leasing,\u00bb which have tarnished its image. The real estate sector does not lack national talent; rather, there is a large segment of Saudi youth who have been working in real estate marketing for years and have gained extensive experience and strong relationships.However, they face significant competition from foreigners who continue to cling to this vital sector, and as a result of their improper practices, numerous negative consequences have emerged that have tarnished the sector\u2019s reputation.<\/p>\n\n\n\n
The most notable Negative practices<\/a> These foreigners engage in real estate transactions\u2014buying, selling, and renting\u2014whether through Saudi-owned companies or on an individual basis, and these practices lack the ethics and standards of the real estate sector. In addition, foreigners have exploited regulations regarding fines for unlicensed billboards, which has led some real estate establishments to advertise without a name, using only a contact number, They have exploited this for their own benefit to make substantial profits through real estate marketing, at the expense of a large segment of the nation\u2019s youth.<\/p>\n\n\n\n One of the most striking negative trends is the proliferation of real estate marketing by foreigners, not only within the Kingdom but also outside it,<\/p>\n\n\n\n This is done using Saudi phone numbers or online platforms and social media sites, as they do not require a license, <\/p>\n\n\n\n This, in turn, has led to fewer opportunities for citizens working in the real estate sector. <\/p>\n\n\n\n Some people might be surprised when they call most of these numbers, only to find that the person who answers isn't a Saudi man or woman, but a foreigner! <\/p>\n\n\n\n The response may come from outside Saudi Arabia\u2014from Egypt, for example, or Jordan, or one of the Gulf states\u2014and the person may start contacting you via WhatsApp.<\/p>\n\n\n\n As a result of these negative practices, real estate price speculation has emerged among non-Saudi brokers, and some of this speculation may lead to disputes among the foreign speculators themselves, with each claiming to have brought in the client in order to receive their share of the commission, and most of the victims are female citizens looking to buy.<\/p>\n\n\n\n These improper practices have led to a serious negative situation that requires decisive and sustained action by officials at the Ministry of Commerce and other relevant authorities. This does not require significant effort, as a regulatory body could be designated to randomly contact the phone numbers listed on websites and search engines to address this issue, which limits opportunities for Saudi youth in this vital and important sector.<\/p>\n\n\n\n Editor-in-Chief Abdulaziz Alissa writes about: Tenant Awareness And landlords<\/a><\/p>\n\n\n\n Abdulaziz Alissa writes about Prioritizing housing between retirees and young families<\/a><\/p>\n\n\n\n Editor-in-Chief Abdulaziz Al-Issa writes about : Auctions and Marketing Professionalism<\/a><\/p>\n\n\n\n Abdulaziz Al-Issa writes: Building sustainability and the unknown details<\/a><\/p>\n\n\n\n Editor-in-Chief Abdulaziz Al-Issa writes: Value Added... Real Estate Sales<\/a><\/p>\n\n\n\n Abdulaziz Al-Issa writes: We look forward to new thinking in 2019<\/a><\/p>\n\n\n\n Abdulaziz Al-Issa writes: Blocking building permits for a model capital<\/a><\/p>\n\n\n\n Mr. Abdulaziz Al-Issa writes: Ministry of Housing. Questions not to be answered<\/a><\/p>\n\n\n\n Abdulaziz Al-Issa, editor-in-chief, writes: Our associations... Millions and lack of action<\/a><\/p>\n\n\n\n Abdulaziz Al-Issa, editor-in-chief, writes: Auctions reveal valuation<\/a>!<\/p>\n\n\n\n Abdulaziz Al-Issa, editor-in-chief, writes: How do you get past the market crisis?<\/a>!<\/p>\n\n\n\n Abdulaziz Al-Issa, editor-in-chief, writes: Inheritance auctions. tantalizing<\/a>\u061f<\/a>!<\/p>\n\n\n\n Abdulaziz Al-Issa, editor-in-chief, writes: NEOM project revives Tabuk real estate<\/a><\/p>\n\n\n\n Abdulaziz Al-Issa, editor-in-chief, writes: Saudi Arabia's economic indicators support the construction sector<\/a>Abdulaziz Al-Issa, editor-in-chief, writes: What's happening in the real estate market?<\/a><\/p>\n\n\n\n Abdulaziz Al-Issa, editor-in-chief, writes: Your success is subtle. Don't declare it.<\/a><\/p>","protected":false},"excerpt":{"rendered":" Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>The real estate sector is one of the most attractive sectors for investment, and despite the attraction factor it enjoys, it is exposed to negative practices by foreigners, especially in the field of real estate marketing (buying, selling, renting) that have distorted its image. The real estate sector does not lack national competencies, but there is a large segment of Saudi youth working in the field of real estate marketing since ... Read more<\/a><\/p>","protected":false},"author":10,"featured_media":24330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"\u0627\u0644\u062a\u0633\u0648\u064a\u0642 \u0627\u0644\u0639\u0642\u0627\u0631\u064a .. \u0631\u0626\u064a\u0633 \u0627\u0644\u062a\u062d\u0631\u064a\u0631 \u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632 \u0627\u0644\u0639\u064a\u0633\u0649 \u064a\u0643\u062a\u0628 \u0639\u0646: \u0645\u0636\u0627\u0631\u0628\u0627\u062a \u062a\u0633\u0648\u064a\u0642 \u0627\u0644\u0639\u0642\u0627\u0631.. \u0648\u0627\u0644\u0623\u062c\u0646\u0628\u064a","_seopress_titles_desc":"\u0627\u0644\u062a\u0633\u0648\u064a\u0642 \u0627\u0644\u0639\u0642\u0627\u0631\u064a .. \u0631\u0626\u064a\u0633 \u0627\u0644\u062a\u062d\u0631\u064a\u0631 \u0639\u0628\u062f\u0627\u0644\u0639\u0632\u064a\u0632 \u0627\u0644\u0639\u064a\u0633\u0649 \u064a\u0643\u062a\u0628 \u0639\u0646: 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New Reality in Real Estate Marketing<\/h3>\n\n\n\n
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