What We Do - Regulating the Ghana Real Estate Agency Sector - REAC
576
wp-singular,page-template-default,page,page-id-576,wp-theme-bridge,bridge-core-2.7.2,qode-page-transition-enabled,ajax_updown_fade,page_not_loaded,,qode_grid_1200,footer_responsive_adv,qode-theme-ver-25.7,qode-theme-bridge,qode_advanced_footer_responsive_1000,qode_header_in_grid,wpb-js-composer js-comp-ver-6.6.0,vc_responsive

What We Do

The only Agency authorised by law to regulate professionals in the Ghana real estate sector. Regulating Real Estate Regulating Real Estate The only Agency authorised by law to regulate professionals in the Ghana real estate sector. Regulating Real Estate The only Agency authorised by law to regulate professionals in the Ghana real estate sector. The only Agency authorised by law to regulate professionals in the Ghana real estate sector. Regulating Real Estate

 

What We Do

License Real Estate Agents and Brokerage Firms.

Maintain a Public Register of Licensed Brokers and Agents.

Enforce Standards and Regulations.

Advise and sensitize the public

                       


The need for regulation

The inefficiencies in the real estate sector created an imbalance where players acted in a way that did not generally lead to a benefit for the country as a whole. Regulation will now provide for the following.

Influence pricing

By providing a transparent basis and support for pricing.

Reduce risk

By highlighting and cutting risks with transaction structures.

Improve standards

By standardising professional behaviour and practice.

Money laundering

By monitoring and reducing the incidence of this in transactions

Promote trust

By working against fraudulent transactions and conduct.

Data availability

By making data available to influence real estate decisions.

[/vc_column_text]

Regulations & Legislation

The Mission of REAC is to ensure a trustworthy and professional real estate industry that protects consumers and supports the countrys growth.

Who qualifies to be registered

Companies or individuals can register under the appropriate categories below. Non-residents and persons passing a course of study can also register in future.

Valuation and Estate Surveyors (GhIS)

Lawyers (GLC)

Persons with prior experience

Persons qualified abroad

Contact us using the details below to be registered.