{"id":73897,"date":"2025-01-28T15:34:37","date_gmt":"2025-01-28T12:34:37","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=73897"},"modified":"2025-11-25T23:50:27","modified_gmt":"2025-11-25T23:50:27","slug":"%d8%ae%d8%b7%d8%b1-%d8%a7%d9%84%d8%aa%d9%84%d8%a7%d8%b9%d8%a8-%d8%a8%d8%a3%d8%b3%d8%b9%d8%a7%d8%b1-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1%d8%a7%d8%aa","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/73897\/","title":{"rendered":"The risk of real estate price gouging"},"content":{"rendered":"<h4 style=\"text-align: center;\"><span style=\"color: #800000;\">The risk of real estate price gouging<\/span><\/h4>\n<p><span style=\"color: #800000;\"><a style=\"color: #800000;\" href=\"https:\/\/amlak.net.sa\/en\/tag\/%d8%b9%d8%a8%d8%af%d8%a7%d9%84%d8%b9%d8%b2%d9%8a%d8%b2-%d8%a7%d9%84%d8%b9%d9%8a%d8%b3%d9%89\/\"><strong>Abdulaziz Al-Issa<\/strong><\/a><\/span><\/p>\n<p>Raised suspicion <a href=\"https:\/\/srem.moj.gov.sa\/\">Manipulation of Real Estate Prices<\/a> These developments, as noted by the General Real Estate Authority, have sparked widespread reactions in real estate circles due to the distortion and confusion they have caused in the real estate market.<\/p>\n<p>The details of the incident stem from the Authority\u2019s detection of discrepancies in the prices listed for the same real estate listing on a real estate platform. In line with its commitment to transparency and to putting an end to such incidents, the Authority confirmed that these listings had been verified; accordingly, the owner of the property and the brokers who posted these listings were summoned for investigation and to take the necessary regulatory measures. The Authority emphasized that it is coordinating with online platforms and real estate brokers to verify these cases and take the necessary action against violators.<\/p>\n<p>This is where the important and pioneering role of real estate platforms comes in; they have become a go-to resource for buyers, sellers, renters, and real estate agents, as they bring together all parties involved in real estate transactions by providing an extensive database of industry leaders and a diverse range of supply and demand, which encourages and facilitates choosing from a variety of options, This is a key advantage of these platforms and one of the factors that attract customers and earn their trust in the opportunities presented; Therefore, it is essential to consider how to preserve these gains, which have been the focus of significant attention in legislation and regulations and have been granted the flexibility and empowerment to operate smoothly and professionally.<\/p>\n<p>With the same transparency that has become a tangible reality in the real estate market, we must speak frankly and objectively about the necessity and importance of comparing the prices of similar properties or those located in the same area, through the work of appraisal experts.<\/p>\n<p>To avoid or reduce price discrepancies, which undoubtedly create confusion among buyers; when a buyer finds varying prices for the same property across different platforms, a sense of doubt and uncertainty arises, causing them to postpone the purchase until the matter is clarified; This hesitation not only slows down market activity but also erodes trust\u2014which is the foundation of any real estate transaction\u2014once the accuracy of the information and data has been verified.<\/p>\n<p>We hope that the issue of real estate price disparities is a temporary phenomenon that will lead to greater governance of the real estate market through the continuous updating of regulations, public education, and oversight of their implementation\u2014which will reveal to us what we did not anticipate.<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">Minutes<\/span><\/span>The suspicion of real estate price manipulation spotted by the General Real Estate Authority (GRA) has caused widespread reactions in real estate circles<\/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":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"amlak_video_sent":"","footnotes":""},"categories":[104],"tags":[],"class_list":["post-73897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-and-regulations"],"acf":{"amlak_post_excerpt":"\u0627\u0644\u0647\u064a\u0626\u0629 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