{"id":53306,"date":"2023-01-08T09:03:11","date_gmt":"2023-01-08T06:03:11","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=53306"},"modified":"2023-01-08T09:03:11","modified_gmt":"2023-01-08T06:03:11","slug":"%d8%aa%d8%b7%d8%a8%d9%8a%d9%82-%d9%86%d8%b8%d8%a7%d9%85-%d8%a7%d9%84%d9%88%d8%b3%d8%a7%d8%b7%d8%a9-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1%d9%8a%d8%a9","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/53306\/","title":{"rendered":"27 articles to preserve rights. Implementation of the Real Estate Brokerage Law eliminates randomness and chaos"},"content":{"rendered":"

Take a look: Solomon Goldfinch-<\/span> The real estate community is awaiting the launch and implementation of the real estate brokerage system in January, and the General Authority for Real Estate 27 articles to organize and regulate the sector<\/a> and reduce the distortions that occasionally appear in real estate operations.<\/span><\/h4>\n

Amlak real estate newspaper conducted a survey on the impact of the brokerage application on the sector and the completion of deals.<\/p>\n

Mutaib Al-Qahtani: Mediation contract prevents misunderstandings<\/strong> <\/span><\/h4>\n

At first, Mutaib Al-Qahtani said that many dealers in the real estate market are waiting for the implementation of the real estate brokerage system on the ground. Regulations and laws<\/a><\/span> To create an attractive, successful and effective real estate market environment that preserves the rights of all parties, including brokers, agents, owners and buyers.<\/p>\n

Al-Qahtani stressed that one of the most important gains of implementing the new brokerage system is preserving the broker's right to seek and determine the percentage of seeking the brokerage and real estate marketing contract to prevent any misunderstanding or jurisprudence, and this often helps to complete real estate deals, pointing out that many dealers in the sector look forward to the system being an important and strong tributary for real estate practitioners.<\/p>\n

Correcting the status of irregulars<\/strong><\/span><\/h4>\n

Regarding the fate of irregular brokers, Al-Qahtani said: We hope that those who are not allowed by law to work in the real estate market will correct their situation, and residents and irregulars and those who are not allowed by law to work in real estate brokerage must respect the legislation, regulations and the system of the General Authority for Real Estate, explaining that one of the reasons for enacting these regulations is the previous chaos in the real estate market from fictitious, unprofessional and anonymous advertisements.<\/p>\n

Al-Qahtani hoped that the real estate market, with the support of the General Authority for Real Estate and its legislation for the sons and daughters of this country, will be a vital national asset, and that the real estate market will create employment opportunities and profitable commercial income for many of its dealers.<\/p>\n

Not to mention that the real estate sector as a whole is one of the tributaries of this majestic nation under the leadership of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and His Highness the Crown Prince Mohammed bin Salman bin Abdulaziz, may God protect them.<\/p>\n

=<\/p>\n

Talal al-Otaibi : Initial difficulties besiege real estate advertising<\/strong><\/span><\/h4>\n

Talal Al-Otaibi, Al-Bunyan Shores for Real Estate Services, expressed his happiness and deep pride in the real estate brokerage system and the interest in the real estate sector, and the clear efforts of the General Authority for Real Estate that deserve thanks, stressing that the application of the regulation will achieve a number of gains and eliminate randomness in real estate transactions in general, and preserve the rights of all parties, as well as Saudization of the sector and localization of jobs for Saudis only. .<\/p>\n

As for the impact of the system on the completion of real estate transactions, Al-Otaibi explained that the application will be difficult at first, which will affect the completion of transactions, and he attributed this to the mechanism of real estate advertising, which is different from the previous situation, where you must take a dedicated number for each advertisement and will not be limited to one advertiser number for all its advertisements, and this is somewhat difficult, and we hope to amend it later, and at the same time Al-Otaibi believes that the market will gain professionalism in its dealings after the approval of the system.<\/p>\n

Going underground and circumventing the system<\/strong><\/span><\/h4>\n

Talal Al-Otaibi expected that the real estate brokerage system will limit many of the irregular brokers, but they will not disappear from the scene from my point of view, violators of the regulations, especially non-Saudis, will resort to working in secret and circumventing the system, and we hope that the General Authority for Real Estate will intensify monitoring tours not only on the field level but also on electronic advertisements as well. .<\/p>\n

Al-Otaibi hopes to see a strong real estate market in 2023 in light of the new regulations that will make the Saudi real estate sector attractive to investments from outside the Kingdom in order to become an important arm in achieving the Kingdom's Vision 2023.<\/p>\n

<\/h4>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>The real estate community is awaiting the launch and implementation of the real estate brokerage system in January, and the General Authority for Real Estate has set 27 articles to regulate and organize the sector <\/p>","protected":false},"author":10,"featured_media":53307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[104],"tags":[],"class_list":["post-53306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-and-regulations"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak post 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