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Turkish real estate agencies start operating under the new rules from September 1

 

New guidelines for licensing actual property companies in Turkey come into pressure: from September 1 realtors should use new permits. Those that proceed to work with out new certificates giving the correct to promote and lease housing will likely be effective. The fines for companies could also be as much as 25 thousand liras. And impartial realtors working with out a license  will likely be effective 5607 liras. In keeping with the brand new guidelines, promoting (together with adverts on social networks) of properties on the market and lease even by owners is prohibite. Now, with a purpose to lease or promote an condominium, its proprietor should contact a licensed actual property company.

 

The certification of actual property providers was introduce in Turkey two years in the past: on June 5, 2018. Nonetheless, it is going to be obligatory to require certificates solely this 12 months, ranging from September 1. Such measures had been taken by the authorities to control the actual property market in Turkey.

 

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