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Dubai brokers get new classification scheme
- United Arab Emirates: Wednesday, September 09 - 2009 at 11:54
Dubai's Real Estate Regulatory Agency (Rera) has launched a new four-tiered, colour-coded classification system for real estate broker licences. Under the system will each broker will be registered with one of the four types of licences that will authorise them to sell a particular type of property within a specified area, RERA said. Brokers will have access to online and brokerage services and access to property within their sphere of operation only. The system will not allow them access to a property if they are not qualified to sell it.
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StaffWednesday, September 09 - 2009 at 11:54 UAE local time (GMT+4)
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