The second phase of the Electronic Advertisement Verification System (EIDS), which was implemented by the Ministry of COMMERCE to prevent exorbitant prices in the automotive and real estate sectors, the ‘authorization verification’ application will be put into effect soon. The authorization process is an authorization given to real estate agents only for the sale of real estate, and no other transactions and dispositions, including title deed transactions, will be authorized.
With the amendment made to the Regulation on Real Estate Trade on August 31, 2023, the Ministry of Trade established the Electronic Advertisement Verification System (EİDS) within the scope of the obligation to verify the identity information and advertisement authorization of the advertiser, which was brought to advertisement platforms. The ‘authorization verification’ application, which is the 2nd stage of the system, will be put into operation soon for real estate advertisements. With the authorization verification application, real estate advertisements on advertisement platforms can only be placed by the real estate owner, the real estate owner’s 1st and 2nd degree blood relatives or spouse, and real estate businesses with ‘authorization certificates’ authorized by the real estate owner via EİDS. Real estate businesses that do not have the real estate trade authorization certificate that must be obtained from the ministry in order to conduct real estate business will not be able to enter advertisements.
With the authorization verification application, citizens will first determine the authorization period by selecting the real estate they want to advertise and the real estate business they want to authorize from e-Government. Then, the authorization process will be carried out. The Ministry of Trade has completed the system development and integration processes with the relevant institutions, and after the advertisement platforms have prepared their own technical infrastructure and integrated with EİDS, the authorization verification application will be put into practice. In the automotive sector, it is currently mandatory for those who place advertisements through advertisement platforms to verify their identities. The authorization verification application will be put into practice after the advertisement authorization definition service is put into practice in the real estate sector. With EİDS, it is aimed to prevent fake and deceptive advertisements on advertisement platforms and the speculative price increases caused by these advertisements, to prevent advertisement pollution, consumer grievances, and unauthorized and unregistered real estate activities.
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2024-08-17 08:04:08