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Foreign Customers Must Pay Attention to the Real Estate Agents with High Service Fees

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Foreign Property Investors Seeking Reliability

Tourism agencies bringing tourists to Turkey, started to act like real estate agency

İSTEB Board Chairman Ulvi Özcan said that “tourism agencies receive very high service fees from foreign customers”

İSTEB Board Chairman Ulvi Özcan

Turkey Statistical Institute (TUIK) announced April 2019 housing sales figures. home sales for foreigners increased by 82 percent. Istanbul Real Estate Brokers Club (ISTEB) President Ulvi Ozcan evaluated the results.

Be careful in real estate commissions

Ulvi Özcan stated that there is a serious irregularity in selling property to foreigners and said: “Tourism agencies bringing tourists to Turkey, started to act like real estate agency. Foreign Customers Must Pay Attention to the Real Estate Agents with High Service Fees. These are negatively affecting the brand value of our country and our sector. Authorities should be sensitive to these issues and take action to prevent victimization”

 

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