What is the name of the system every broker must be registered on?

What is the name of the system every broker must be registered on?

• A. SIMSARI
• B. RERA
• C. Dubai Real Estate System
• D. Broker Registration Portal

Answer: (A)

The name of the system that every broker must be registered on is SIMSARI. This platform serves as the official registration system for real estate brokers in Dubai, facilitating the oversight and regulation of real estate practices in the emirate. SIMSARI enables brokers to manage their licenses, properties, and transactions in compliance with local regulations. It is crucial for maintaining transparency and professionalism in the real estate industry, ensuring that all brokers adhere to the standards set by the Dubai Real Estate Regulatory Agency (RERA). While RERA is the governing body that oversees real estate regulation in Dubai and the Dubai Real Estate System refers to the broader framework for real estate activities, SIMSARI specifically is the registration portal that brokers use. The Broker Registration Portal is a more generic term and does not specifically identify the required system. Thus, SIMSARI is the correct choice as it directly relates to the mandatory registration process for brokers in Dubai.

The name of the system that every broker must be registered on is SIMSARI. This platform serves as the official registration system for real estate brokers in Dubai, facilitating the oversight and regulation of real estate practices in the emirate. SIMSARI enables brokers to manage their licenses, properties, and transactions in compliance with local regulations. It is crucial for maintaining transparency and professionalism in the real estate industry, ensuring that all brokers adhere to the standards set by the Dubai Real Estate Regulatory Agency (RERA).

While RERA is the governing body that oversees real estate regulation in Dubai and the Dubai Real Estate System refers to the broader framework for real estate activities, SIMSARI specifically is the registration portal that brokers use. The Broker Registration Portal is a more generic term and does not specifically identify the required system. Thus, SIMSARI is the correct choice as it directly relates to the mandatory registration process for brokers in Dubai.