Jordan Has 10,000 Unlicensed Real Estate Offices

The real estate market in Jordan is facing chaos due to the spread of approximately 10,000 unlicensed real estate offices, according to the Syndicate of Real Estate Offices and Companies. These unofficial offices and intermediaries contribute to increased cases of misinformation and fraud, especially through social media platforms, leading to harm to citizens in buying, selling, and renting transactions. A joint committee from the Land and Survey Department and the Ministry of Interior has conducted campaigns to monitor violations, referred more than 60 unlicensed offices to the Public Prosecutor over the past three months. The syndicate is calling for amendments to licensing regulations to ensure that intermediaries operate within a legal framework, emphasizing that obtaining a license requires conditions such as financial surety, a high school diploma, and passing an exam, all aimed at reducing illegal practices in the sector.