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From today (Thursday), the General Authority of Real Estate has started to apply the criteria for the approval and categorization of electronic real estate platforms, as well as the controls of real estate advertisements and their entry into force.
The authority explained that the standards aim to reduce false advertisements related to the real estate sector, increase the level of credibility of licensed electronic real estate platforms, preserve the rights of dealers and improve the quality of service.
The authority stressed the commitment to the controls of real estate ads, and that the advertiser should be a Saudi national, or a legal person authorized to do business in the Kingdom, and that the advertiser should be the owner of the property or a person, with the addition of the advertiser’s numbers and the authorization issued by the authority in the real estate advertisements.
The authority has also launched the “Aqari” electronic service to provide real estate facility registration services, real estate platform licenses, real estate advertiser services and licenses for individuals, and others, such as educate about classified real estate facilities, real estate advertisers and raise objections. to violate the advertisements on the authority’s website.
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