Information is the primary source for human beings to make calculated decisions, and although there is a large flood of information that comes to us from everywhere, non-misinformation remains extremely scarce in the Arab world in general, and in Egypt in particular.
Based on this unfortunate fact, “Real Estate Egypt” is working on changing the real estate scene in Egypt, where the website and app, which has the same website name, offer a wide range of information about Egypt’s real estate market, as well as other sections of offers and evaluations.
“Real Estate Egypt” helps to enhance the user’s experience, especially after the information revolution brought by the readable, visual and audio media, and even social media sites – and the resulting great leap in the level of thinking of the future where the user became trained to use Information that reaches him more effectively and then converts it into knowledge that benefits in making better decisions.
Real Estate Transparency in Egypt
It is clear to everyone that the information in the Egyptian real estate market suffers from several problems, such as the existence of false news and incomplete information, so making a well-informed decision takes a long time and capacity to be able to make manual comparisons between his available options. Of course this task is difficult and impractical for many as it creates a time burden which may lead to make a hasty and incorrect decision when buying / selling the property, but the bright side is that these problems can be easily overcome by advanced real estate websites such as “Real Estate Egypt”.
Especially, Egypt recently ranked 4th in the Arab world and 57th in the Real Estate Transparency Index for 2018, according to a real estate report by Jones Lang LaSalle Incorporated (JLL). The mentioned transparency index is based on a rating of 100 markets based on 186 indices and six measurement criteria, including: real estate market investment performance, market fundamentals, regulatory and legal framework, and environmental sustainability.
This is an indication of the importance of real estate transparency and national attempts to reach a higher level of transparency, but at the same time we still have a lot to do in this regard.
Attempts to increase real estate transparency
Do you remember how many times you’ve been the victim of a real estate misinformation? Do not repeat the mistake, and just check reliable real estate websites, such as Realestate.eg.
What is Realestate.eg?
Real Estate Egypt is a real estate blog that provides comprehensive information regarding the real estate sector in Egypt, particularly residential buildings, vacation resorts and administrative units. It also includes technological advice in the real estate field in a smooth and easy-to-understand way.
The website targets those interested in real estate in the first place, in an effort by its operators to help those who are willing to buy, and to help new real estate investors who are working diligently to enter the real estate market.
The website lists cover many fields of real estate market, such as:
- Analysis and market studies
- Many other specialized services
It is also worth mentioning that Realestate.eg is not limited to a specific area or neighborhood where its lists include many different areas, from residential compounds within Cairo, such as (New Cairo), (New Administrative Capital), and (Mostakbal City) to Other tourist resorts on the North Coast and Ain Sokhna.
Find out about Realestate.eg
When you access the website and after selecting the Arabic or English version, the user will find three boxes that include initial questions in Egyptian slang ” What are you looking for?, ” Where do you want to live?”, and ” What is your budget?.
After selecting answers from non-region-specific menus or budget, whether you’re looking for a public property or within residential complex such as Emaar Misr, Hyde Park, La Vista or Misr Italia, you’ll find many choices for you.
More than just advertising
The website is also very transparent, with the “Blogs” section including substantive articles and news of many compounds to help the reader see the whole picture and know all the details, including the weaknesses of each compound in addition to the ownership features of it to make his own decision in the light of real information.
All this and more provided to you by Realestate.eg without taking a commission in the case of the transaction and purchase of the property because the first objective of website is to help customers resolve their situation and encourage them to visit the site again in case of a new property search.
Your comprehensive guide to the real estate world
The main objective of Realestate.eg is to help our clients choose the right property they dream of owning, nominate the best properties and residential compounds for them, and advise with the best characteristics before and after the purchase of the property, all through the efforts of the experienced team in the field of investment and real estate marketing.
It is worth mentioning our constructive cooperation with many offices, real estate companies, and residential compounds in Egypt, and we would like to emphasize that we do not save any effort to get our customers satisfied, meet their wishes, and provide them with the best specifications and prices.
Importance of transparency in the real estate market and its impact on the decision-making process
Transparency, according to Professor “Ann Florini” in his book “The Right to Know: Transparency for an Open World” (Columbia University Press, May 2007), is “the amount of information available for people outside the institution that enables them to know how to make decisions.”
As a measure of this statement, the degree of transparency in the real estate market depends on the ability of individuals to buy and sell, to know the basic information through which officials make their decisions, which naturally help individuals to form different opinions and make a decision. This amount of transparency will make real estate market officials more cautious when making decisions of the public interest.
This amount of transparency will also positively affect the economic field, as the IMF Transparency and Accountability Working Group report demonstrates that transparency, helps the economy performance, and contributes in reducing the risk of uncertainty, and on the contrary, it helps those interested in comparison and analysis easily.
Give yourself a few minutes to access Realestate.eg and access the unbiased information on the website, which is based on a range of objective opinions and perspectives points of view of each region / property / transaction.
The post ‘Real Estate Egypt’: Website and App. offer information about Egypt’s property market appeared first on Aqarmap Blog.
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