Competition in Real Estate
Dr. Moens Shujaa
No commercial activity is devoid of competition, but this competition is considered as one of the criteria that indicate the importance and vitality of that commercial activity, as it often stimulates innovation and excellence in providing services and products to customers and providing added value different from others, the real estate market is full of opportunities and constitutes an important economic and vital field.
Real estate market is full of opportunities and constitutes an important economic and vital field. <Competition in real estate activity, especially in real estate brokerage, has several ways to succeed by its provider, perhaps the most important of which is to provide distinguished services from others that lead to a result and reputation in the market that this broker is distinguished, professional and reputable, so the real estate service provider must be characterized by credibility in word and deed and what it includes clarifying the realistic image of the property without exaggeration or minimization. And then provide marketing services to customers professionally through the use of digital media such as virtual tours of the offered property or aerial photography via drone and other technologies, and specialization in a specific type of real estate «such as commercial real estate - residential - towers» has a role in focusing efforts and specialized professionalism in a specific field to distinguish it from others.
Positive competition will strengthen the real estate market and encourage companies and brokers to continuously develop distinctive services, learn and follow the latest global developments in this field and encourage innovation in marketing and the use of new methods and distinctive methods, and that professionalism in competition will attract investors and build a long-term relationship with them and enhance trust between them and thus will have a clear impact on the quality and professionalism of real estate activity in general.
@MounesShujaa
