Attention Homeowners! New Regulations Are Coming for Real Estate Listings New changes are being planned for real estate listings in Türkiye. Under the Electronic Advertisement Verification System (EİDS), the new regulations aim to make property listings more transparent and controlled.
A New Era for Real Estate Listings The planned changes aim to prevent fake listings, reduce price discrepancies and make the authorization process between property owners and real estate businesses clearer.
Multiple Agents May No Longer Be Authorized for the Same Property Under the planned regulations, property owners may face restrictions on authorizing multiple real estate businesses to advertise the same property.
The listing and sales process of a property is expected to be managed by a single authorized real estate business.
This could help reduce duplicate listings and different prices being displayed for the same property.
Written Authorization Agreements May Become Mandatory Authorization through e-Devlet alone may no longer be sufficient under the planned system.
Property owners and real estate businesses may also be required to sign a written authorization agreement.
The agreement is planned to be uploaded to the electronic system. If the agreement is cancelled or expires, the related listing may be automatically removed.
How Does the EİDS System Work? Property owners can access properties registered in their name through e-Devlet.
After selecting the property they want to advertise, they can authorize the real estate business they intend to work with.
The authorization certificate number of the real estate business is used during the process. Property owners can also determine the authorization period.
Under the current system, the authorization period can be up to three months.
Once the process is completed, the system generates a Property Identification Number, which is provided to the real estate agent for publishing the listing online.
Property Owners Can Advertise Their Own Properties Property owners can also publish listings without using a real estate agent.
In this case, listing platforms can verify whether the person publishing the advertisement is the registered property owner or has the required first-degree family relationship with the owner.
What Should Homeowners Pay Attention To? Homeowners planning to work with a real estate agent should carefully review the authorization process and the terms of the agreement they sign.
The scope and duration of the authorization should be clearly stated.
As the new regulations are finalized, both homeowners and real estate professionals will need to follow the updated requirements.
Conclusion The planned EİDS changes aim to make the authorization process for real estate listings more controlled.
Restrictions on authorizing multiple real estate businesses for the same property and possible mandatory written authorization agreements are among the changes currently being discussed.
Once the regulations are finalized, homeowners and real estate businesses will need to comply with the new requirements.