Kazakhstan introduces mandatory certification for real estate agents
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Kazakhstan has introduced mandatory certification for real estate agents for the first time, requiring professionals to pass a test and register in a unified electronic registry. The measure aims to reduce fraud in the housing market and protect client rights, according to Stan.kz citing 7-арна.
Certification Process
The certification involves independent knowledge testing via proctoring technology, preventing cheating or proxy testing. The test costs 80,000 tenge and includes two attempts; candidates must answer at least 45 of 60 questions correctly to receive a one-year certificate. The first certificate was awarded to a realtor from Astana.
Market Context
Currently, over 25,000 realtors operate in Kazakhstan, but only one-third are officially registered, with the rest working in the shadow market, avoiding taxes. The National Chamber of Realtors (PANA) developed the test database of over 1,000 questions, with 40-50% based on practical experience.
Self-Regulation System
A mandatory self-regulation system is also being introduced, prompted by frequent complaints of fraud and lack of oversight. Previously, anyone could advertise as a realtor without legal regulation. PANA Vice President Aset Aitbayev noted that both clients and realtors have been unprotected due to the absence of formal service contracts.
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