The head of the Real Estate Agents Union in Mashhad pointed out that the current commission rate schedule for real estate agents has not changed for several years. He stated that due to the inflation that has occurred, a change in commission rates is on the agenda, but until the new rates are announced, the previous rate schedule remains valid, and receiving any amount outside of it is considered a violation.
New Real Estate Commission Rates Have Not Changed Despite Inflation
The head of the Real Estate Agents Union in Mashhad announced that the commission rates for real estate agents have not been updated for years despite inflation. A review for new rates is underway, but until they are officially announced, the old rates will still apply, and any deviation will be penalized.
👥 Key Players
📰 What Happened
The head of the Real Estate Agents Union in Mashhad announced that commission rates for real estate agents have not been updated for years, despite rising inflation. A review for new rates is in progress, but until they are officially announced, the old rates remain in effect.
- Current commission rates have not changed for several years.
- Any deviation from the existing rates is considered a violation.
💡 Why It Matters
📚 Background
Iran has been experiencing high inflation rates, affecting various sectors, including real estate. Commission rates are crucial for real estate agents' income and market dynamics.
🏷️ Entities Mentioned
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%