New Law: Real estate middlemen to be deported
Non-Qataris caught acting as middlemen in real estate transactions or property rental business without valid licence are to be deported immediately once a law regulating real estate brokerage activities comes into force.
The aim of the draft is to completely remove illegal middlemen from the real estate business, whether purchase or sale or rental activities.
"The idea of introducing a new law and replacing the old one is to protect the rights of all parties concerned: The buyer, seller, tenant and the landlord," said a real estate expert.
However, the draft is still at a very early stage.
The Real Estate Registration Department of the justice ministry which records and clears all real estate purchase and sale deals held the symposium to seek the views of a cross-section of people on the draft, including real estate brokerage firms.
The firms have long been crying hoarse, complaining of large-scale intrusion by illegal middlemen into their domain. Most of these illegal operators are expatriates, market men claim.
The draft would, though, allow participation of non-Qataris in real estate brokerage companies to the extent of 49 percent of their capital.
A highlight is that once the law is implemented, as a follow-up, brokerage firms could be allowed to represent owners in real estate transactions.
Brokerage firm owners would, though, be permitted to officially delegate their expatriate employees to act as middlemen in real estate transactions or rental business.
Needless to say that no firm or individual could act as real estate broker in a transaction or property rent deal without a valid license and without a full-fledged office.
Al Oruqui said that this would help clamp down on illegal middlemen who are currently operating in large numbers from their cars as their office.
The draft would also cover property management business as well as real estate evaluation and the profession of official evaluators. [Reported by The Peninsula]
Not a bad news..but guys no middle man here was forcing any of the tenant to take those rooms and portions..its upto them wheather they need or not...anyway its a great chance for real estate company...on other hand i strongly requesting to all middle man...jus to take this in series and gave interview to some company and try to achieve a legal job if you want to survive in qatar
Not a bad news..but guys no middle man here was forcing any of the tenant to take those rooms and portions..its upto them wheather they need or not...anyway its a great chance for real estate company...on other hand i strongly requesting to all middle man...jus to take this in series and gave interview to some company and try to achieve a legal job if you want to survive in qatar
Not a bad news..but guys no middle man here was forcing any of the tenant to take those rooms and portions..its upto them wheather they need or not...anyway its a great chance for real estate company...on other hand i strongly requesting to all middle man...jus to take this in series and gave interview to some company and try to achieve a legal job if you want to survive in qatar
wunae, r u mad ?what do u know about real estate ?
Wunae , Take trouble to read Qaisrlyen 's comment to enlighten yourself once in your life ......
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Middle man will be Always there as well,u ppl want to find things Easy and how about him driving all the time under sun to get and collect flats? are u the one who is paying his sweat and expenses,???? Better u go riam around and find urself villas ilor flat dont contact middelman yeah!!
Alhamdulillah that's the good step taken by the government
I was fed up wating 90% asking commission for rent
now bye bye to middle man
if this law is implemented....all coconut blood suckers will be the biggest losers
all coconuts will b goner.... thats the good news here..
This means the middlemen can stay as long as 51% of their company is Qatari.
Probably this means that their charges will now go up because they have to rent an office and pay their sponsor a portion of their fee.
Very bad news.
Airmann, its true that they just want illegals out. But other side can you see the conditions of Villa's they are com-parted into a Village in each villa if u go you will find 15-20 families or 60-80 bachelors living in it. Cause some of the middleman's plays a major role in it. Even the land lord is hardly bother about the Villa once he rent it out. Till date i haven't seen any landlords making partitions and renting the home.
funny comments :D
Airmann, You are right, Even the Real Estate Agencies should be regulated by the government on commission, that was my message too.
You guys obviously haven't understood the article. There will still be all the main real estate agencies asking for one months commission. The only difference is that right now there are lots of guys doing this illegally. The real estate agencies are middlemen themselves, just legal ones. They want the illegal ones out of the way so that they can have more business.
This is a good news for Real Estate Companies and customers.
I hope that Qatar Government will regulate the sales commission Maximum up to 1% and the lease commissions which is maximum up to 15 days, No Real Estate companies should be allowed to charge the customers or the landlord more than this.
Also if the Government start issuing license not only for companies but also for the individuals working within the Real Estate company would be highly recommended.
Every Real Estate Agent will have their license and it will be easy to report any unethical promotions or charges.
At the same time if the tenants and landlords sign a finder fee agreement before they proceed for a business deal with the Real Estate Agents would be highly recommended, this could prevent the rights of the Agents and the Agencies.
Some middlemen will not ask commission publicly... But they will demand in person .. This law should cover that too
brother not to be happy now after long years of business local know how to squeez you for money
it will go down for sure without middle mens
what if even after the middle men are sent off...and the rents are still high?
G8 News!, Good News!, Happy News!, Excellent News! Looking for more suitable words to express the ecstasy. Deportation is the best way of cleaning up this mess and less worry and irritation to the community as a whole. Continue this good work..
And also this brokers can be caught easily on QL add's itself.................................
Hey that's good news, due to this middle men's the rents are shooting up as this people keeps there commission's in the rented house. This brokers are very stingy peoples hope Qatar government will take immediate action and will see the real difference.
Check the house commission inside the adds
Good to know...
NO MORE Brokers...!!Alhamdulilla..
Hope QL will be free from those blood sucker ads, asking for one month "office" commission.
Alhamdulillah
Good News to cut the middlemen, or what they can do is to have the property market regulated by issuing Property Agent Licenses. Only then these people who are qualified to contact property and rental transactions.
very good news........
Good news......
Middle men who is at most of the time not of help rather a pain asking for 1 month commission, i salute this law. Allhamdullilah!