Tayssir Al-Mufrej, the official spokesperson for the General Authority for Real Estate, affirmed that the Saudi real estate market is witnessing a significant increase in the awareness of real estate practitioners, including brokers and developers. Al-Mufrej attributed this growing awareness to the increasing adherence to the standards set by the authority, aimed at regulating and developing the real estate market in the Kingdom.

Al-Mufrej explained that the adherence of marketers to established standards and practices enhances market maturity, noting that this commitment contributes to building trust among the various parties in the sector, thus supporting the authority's efforts to develop the market and ensure the achievement of quality and transparency standards.

The spokesperson emphasized that the authority is continuously working to develop the real estate sector through the issuance of regulatory and supervisory bylaws, and by providing the necessary training and qualification for real estate practitioners, with the aim of achieving a balanced and sustainable real estate market that contributes to achieving the Kingdom's Vision 2030.

Al-Mufrej noted that the increasing awareness of practitioners and investors is the result of the authority's efforts to promote professionalism in real estate transactions, leading to greater stability and growth in the real estate sector."