112 Days
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خبرني
Al-Rhama: 10,000 Unlicensed Real Estate Offices vs. 500 Licensed Entities
My expert informs me that the real estate market is experiencing chaos due to the proliferation of approximately 10,000 unlicensed real estate offices compared to about 500 licensed ones. This situation contributes to increased instances of deception and fraud through misleading advertisements on social media platforms, causing harm to citizens involved in buying and renting activities. The relevant authorities have conducted crackdown campaigns, resulting in the referral of over 60 unlicensed offices to the judiciary. Furthermore, they have proposed amendments to the real estate offices system to monitor and regulate brokers under the umbrella of licensed offices, with penalties for violators reaching up to one thousand dinars.
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