To: All Real Estate Agencies
Subject: Sale of owner's details
With reference to the above subject and in line with the regulation and development of the brokers activities. It is strictly forbidden to deal with people who are promoting and marketing information related to property owners either by e-mail or SMS who offer such information in return for cash. No broker is entitled to communicate directly with property owners without a request by the owners asking the broker to carry the sale.
Non-compliance with this circular is against licensing terms and regulations issued by RERA which will result in fines as per the
Executive Council Decision No. 25 of 2009.
Deputy CEO
Date: Jumada al Thani 6, 1435 AH
Corresponding to: 06/04/2014