RERA Launches A New Guide: Lists All Information Related To Brokerage Profession
Real Estate Regulatory Agency (RERA), has launched the ‘Real Estate Brokerage Practice Guide:
RERA, which is the regulatory arm of the Dubai Land Department (DLD), launched the guide to enhance the level of awareness and knowledge of all real estate brokers and raise their professional competence.
The laws, procedures and regulations that the guide highlights include the Trakheesi system, the Dubai REST application, smart marketing and sales contracts.
Benchmark
The criteria for classifying brokerage offices and brokers, the green list, the mechanism for marketing off-plan projects, amicable settlements and obtaining a broker card are also listed out in the guide, followed by the real estate brokerage register in Dubai, a number of real estate circulars, the ethics of practicing the profession, and others.
Benefits
Offer an integrated service for real estate brokers that helps them fully and comprehensively understand the concept of practicing in Dubai in accordance with the best standards.
The Real Estate Brokerage Practice Guide
- Ensure that they carry out real estate transactions in a healthy and transparent manner.
- Fully commit to all laws to avoid any practices outside this framework.
- Entail taking legal measures against violating companies.
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