The Saudi Board of Accredited Residents signed an agreement with the Real Estate Development Fund in the field of technical linking and benefiting from the services of licensed establishments to practice the profession of valuation through the \u201cQaim\u201d system. In this agreement, Engineer Sultan Al-Jarjis, its Secretary General, and Mansoor Bin Maati, its General Supervisor, signed on behalf of the Real Estate Development Fund.<\/p>\n\n\n\n
This agreement aims to establish direct technical links between the two parties to ensure that the Real Estate Development Fund has easy access to licensed facilities in real estate valuation and to ensure electronic transactions with them through the \u201cQim\u201d system, which provides a mechanism to follow all the steps and procedures of the valuation process electronically, starting from submitting the application, selecting the facilities and contracting with them, until the implementation of the valuation process and its delivery to the client. The system also provides a dashboard that enables the Fund to monitor and analyze the valuation processes and distribute them across the Kingdom\u2019s various regions, in addition to a number of services and benefits that will contribute to facilitating the services provided by the Fund to beneficiaries with efficiency and professionalism. .<\/p>\n\n\n\n
Engineer Sultan Al-Jarjis, Secretary-General of the Saudi Residents\u2019 Council, said that this agreement is part of a model of strategic partnerships that we are working to activate with the entities that benefit from the services of residents, whether in real estate assessment or in the various branches supervised by the council. This will contribute to more effective implementation of the system of certified appraisers by relying on licensed facilities in carrying out assessments, ensuring that the beneficiary carries out these works professionally and efficiently, in accordance with approved standards, which strengthens the beneficiary\u2019s confidence and helps them make their decision. .<\/p>\n\n\n\n
For his part, Mansour bin Maati, General Supervisor of the Real Estate Development Fund, explained that providing real estate valuation services in accordance with global standards will contribute to further strengthening and organizing the real estate market, in addition to improving the quality of the financing solutions provided by the Real Estate Development Fund in partnership with financing entities, including banks and institutions approved by the Saudi market. He pointed out that the agreement with the Saudi Board of Authorized Residents is a qualitative and distinctive addition aimed at enhancing the efficiency, quality, and output of real estate valuation, and benefiting from the engineering capabilities built through the Fund\u2019s experience in this field.<\/p>\n\n\n\n
The agreement will support the establishment of a joint database between the two parties that serves the market studies of the residential real estate sector in the future, enabling the Fund to develop and improve the services provided to beneficiaries. He noted that based on the Fund\u2019s commitment to cooperate with relevant parties to achieve complementarity in the provision of services and their quality and speed of implementation, which will positively impact the final beneficiary, the \u201cEvaluation\u201d agreement with the Real Estate Fund will be an additional quality that achieves strategic objectives that will have an effective impact on improving and developing the outcomes of real estate financing.<\/p>\n\n\n\n
It is worth mentioning that this agreement comes within several agreements recently signed by the Saudi Board of Accredited Valuers to activate the benefits of the services of accredited valuers, either through technical linkage or by using the \u201cQaim\u201d system, which facilitates access to licensed establishments and allows obtaining numerous offers to carry out the valuation process and compare them among themselves, as well as following up on all the steps of the process and managing them electronically in full through the \u201cQaim\u201d system. .<\/p>\n\n\n\n
Abdulaziz Al-Issa, editor-in-chief, writes: Modification. Post-pandemic investment<\/a><\/strong><\/p>\n\n\n\n \u00abAmlak asks the question What information should a real estate marketer provide to make the right decision?<\/a><\/p>\n\n\n\n Cabinet approves providing electricity and water services to beneficiaries without requiring any certificate <\/a><\/p>\n\n\n\n \u201cThe Ministry of Municipal and Rural Affairs grants 60 new powers to regional and governorate secretaries, deputy ministers and department directors Riyadh Chamber reviews initiatives to mitigate the impact of the coronavirus pandemic<\/a><\/p>\n\n\n\n \u00abAmlak Polls Real Estate Professionals on the Future of Auctions Mixed opinions on online real estate auctions The odds of success are stacked in their favor<\/a><\/strong><\/p>\n\n\n\n services<\/p>","protected":false},"excerpt":{"rendered":" Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>The Saudi Commission for Accredited Valuers signed an agreement with the Real Estate Development Fund in the field of technical linkage and benefiting from the services of licensed establishments to practice the valuation profession through the \u201cValues\u201d system, representing the Saudi Commission for Accredited Valuers \u201cTaqeem\u201d in this agreement Engineer Sultan Al-Jaris, its Secretary General, and on the side of the Real Estate Development Fund, Mansour bin Madi, its General Supervisor. This agreement aims to ... 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<\/strong><\/a>Ministry of Justice issues 10,897 rulings during the suspension of attendance at workplaces<\/a><\/strong><\/p>\n\n\n\n