21.01.2026 01:14
It is planned that, starting from May 1, payments for real estate sales will be mandatory to be made through the "Secure Payment System." The President of the Turkish Real Estate Consultants Federation, Hacı Ali Taylan, who made evaluations regarding the system, stated, "The application will eliminate many risks such as theft, fraud, and counterfeit money. Therefore, the system will be beneficial and correct for both society and us."
In real estate sales, payments are often made directly between the parties. This situation can lead to unregistered transactions, fraud, and forgery incidents from the perspective of both buyers and sellers. The mentioned practice causes parties to carry large amounts of cash and can also pose risks such as theft.
WILL BE MANDATORY FROM MAY 1 The Ministry of Trade is preparing to make the Secure Payment System, which is applied in second-hand vehicle sales, mandatory in real estate sales to prevent buyers and sellers from being exposed to fraud, theft, and forgery risks, reduce unregistered transactions, and ensure that money transfers are made in a secure environment. For this purpose, a revision of the Regulation on Real Estate Trade has been made.
With the change, starting from May 1, 2026, if the payment in real estate sales is made in cash, wire transfer, or electronic funds transfer, it will need to be carried out through a system that ensures the simultaneous transfer of the property ownership. The draft of the mentioned regulation change has been opened for the opinions of relevant public institutions and organizations as well as sector representatives. It is aimed to finalize the draft based on the incoming opinions.
"THERE WILL BE A VERY SERIOUS REGULATION IN THE SECTOR" The President of the Federation of Real Estate Consultants of Turkey, Taylan, made an evaluation regarding the implementation. Taylan stated that serious regulations have been made recently in the automotive and real estate sectors, and mentioned that the Secure Payment System has already been implemented for car sales.
President of the Federation of Real Estate Consultants of Turkey, Taylan Taylan pointed out that the system has become more organized over time in car sales, stating: "There was previously an Electronic Ad Verification System implemented in our sector. Our real estate agents are currently working in accordance with the system. The verification system application was previously valid for rental ads. As of February 1, the electronic verification system will be implemented for all sales ads. This will also be a very serious regulation in the sector."
Indicating that the Secure Payment System will start to be implemented as of May 1, Taylan stated that they view the regulation positively. Taylan expressed that some regulations supporting the Secure Payment System need to be made and shared their views with the relevant ministries.
"THE SYSTEM WILL BE BENEFICIAL FOR BOTH SOCIETY AND US" Emphasizing that large amounts of money are taken when going to the title deeds due to real estate prices, which can create risks, Taylan noted: "The application will eliminate many risks such as theft, fraud, and counterfeit money. Therefore, the system will be beneficial and correct for both society and us. Accounts will be opened in designated banks, and the money will be blocked there. With a reference number obtained, our citizens will initiate transactions at the title deed office through e-Government. When the transaction is completed, the money will be transferred to the seller's account with the permission of the title deed office. In case of any negative situations that may arise during the sale, the money will remain safe in the real estate owner's account and continue to be protected."
Taylan stated that they will carry out information and technical studies for real estate agents regarding the system, adding that the technical functionality and infrastructure of banks and title deed offices are very important.