New work rules for real estate agencies in Turkey

New work rules for real estate agencies in Turkey

From August 1, only certified companies can provide services of real estate sale and rent. A new decree was issued this April  - under the "Regulations on Real Estate Trade", all real estate companies are required to obtain a special certificate allowing such businesses. To obtain this document, the agency needs to meet special requirements. In particular, the company must have an office, employees with specialized education (courses), etc. The certificate had to be received before July 31st. From August 1, those who do not have a certificate will not be able to work legally in the field of real estate sales. The new rule was adopted within the framework of the fight against fraud in this sector.

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