REGA spokesperson Tayseer Al-Mufarrej reiterated the need for licensed practice to safeguard transparency in the property market.
The Real Estate General Authority (REGA) has taken regulatory action against a real estate consultant for conveying opinions and forecasts related to property prices without obtaining the required license, based on the provisions of the Real Estate Brokerage Law.
REGA stresses the importance of real estate consultants’ compliance with relevant laws and regulations. It also highlighted the need to obtain the required licenses before engaging in any real estate activity, in a manner that contributes to protecting market participants and enhancing transparency and reliability in the real estate market, said Tayseer Al-Mufarrej, REGA spokespersonin a post on X platform.
REGA spokesperson Tayseer Al-Mufarrej reiterated the need for licensed practice to safeguard transparency in the property market.
The Real Estate General Authority (REGA) has taken regulatory action against a real estate consultant for conveying opinions and forecasts related to property prices without obtaining the required license, based on the provisions of the Real Estate Brokerage Law.
REGA stresses the importance of real estate consultants’ compliance with relevant laws and regulations. It also highlighted the need to obtain the required licenses before engaging in any real estate activity, in a manner that contributes to protecting market participants and enhancing transparency and reliability in the real estate market, said Tayseer Al-Mufarrej, REGA spokespersonin a post on X platform.
