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How Will Türkiye’s New EİDS System Transform the Real Estate Market?

Starting April 7, Türkiye will implement a new Electronic Real Estate Advertisement Verification System (EİDS) aimed at increasing transparency and security in property transactions.

Under the new system, only property owners or their legally authorized representatives will be allowed to post real estate listings, requiring verification through the e-Government portal. This move is expected to eliminate fraudulent listings and unauthorized intermediaries.

Experts believe EİDS will significantly reduce fake listings and artificially low prices often used in deceptive schemes. Buyers will now have direct access to verified property details from owners.

This initiative follows similar measures by Türkiye’s Ministry of Trade to combat fraud in the automotive market and unregulated passenger transportation.

 

Source
Kazinform

TuraNews

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