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“Wafi” is the official group in charge of granting licenses for promoting off-plan real estate items in Saudi Arabia. They also concern registration certificates to real estate growth companies in the Real Estate Developer registry, following the Off-Plan Sales and Lease system. Real Estate Institute of Australia president Leanne Pilkington said there was really just one purpose why a property was caught in the marketplace — the owner wished more cash than the patrons thought it was price.