The Real Estate General Authority (REGA), in cooperation with the Ministry of Human Resources and Social Development, conducted (18) joint inspection tours throughout January. These included visits to (231) real estate establishments across the Riyadh Region, Eastern Region, and Makkah Region. The tours aimed to ensure adherence to real estate legislation in general, and the Real Estate Brokerage Law in particular, as well as matters falling under the jurisdiction of the participating government entities, especially those related to Saudization.
REGA explained that field inspection is one of the key approaches it adopts to regulate the real estate market. During the same period, REGA’s inspection teams carried out (14,635) field operations, which led to the detection of (11,489) real estate advertisements violating the law in public spaces. In addition, REGA received (572) real estate-related reports through its various channels, all of which were reviewed and addressed. Meanwhile, the number of electronic monitoring operations exceeded (13,752), targeting digital channels and real estate platforms to verify the authenticity of advertisements and digital real estate brokerage practices in accordance with applicable laws and regulations.
REGA urged all brokers and real estate service providers to comply with the provisions of the Real Estate Law and to address any violations in order to avoid penalties, which may include warnings, suspension or revocation of licenses, or financial fines. The implementing regulations of the law specify the classifications of violations and their corresponding penalties. REGA also called on citizens and residents to report suspected real estate violations or real estate fraud through the designated reporting track on REGA’s official platform or by calling (199011) for real estate-related inquiries.