DOHA: Propertyfinder.qa, a local real estate services provider, hosted an interactive session titled ‘The CEO Breakfast’ with a select group of the leaders of major real estate brokerages in Qatar.
On the agenda was discussing a guiding set of best practices for the real estate industry, which provided a solid opportunity in service of that philosophy. Another is scheduled for April to continue the conversation.
The Doha-based real estate leaders, during the discussion, agreed that sharing data leads to better outcomes for property transactions. Greater transparency in the market also improves the working environment for everyone: from the landlord to the buyer to the real estate executive.
“Transparency is key in this market to create investor confidence and it is something we should all strive to create when dealing with the government, agencies and brokers” said Adrian Camps, Country Director of Colliers International Qatar, who attended the session. “In becoming a mature market, we need to exchange accurate transactional information securely, by working with other top companies, the Government and institutions”.
Over the past year, propertyfinder.qa has delivered over half a million leads to its clients, and has grown its client base by 44 percent. It is currently working to share its market insights with its client base.
Sam Youssef, Managing Partner of Better Homes, who also attended the event, said, “Data is essentially the best way to gauge the market, and molds the way we create strategies for our businesses. However, for that to be successful, transparency is key, and the information provided needs to be as accurate as possible”.
To that end, propertyfinder.qa is working on compiling the first edition of Propertyfinder Trends for its Qatar market, which will report price trends, consumer search patterns, and in-demand areas, among other key insights.
“It would be very interesting to see how the consumer behaves online, and be able to view how specific demographics spend time on the site, which will help us better understand how to best serve our valued clients,” said Jeffrey Asselstine, Managing Director of Nelson Park Property.
“Our business philosophy is a simple one: Propertyfinder is looking for a lifelong relationship with our clients, and we get that by ensuring that there is a mutual benefit from our partnership,” said Paul Stewart-Smith, Chief Operating Officer of Propertyfinder Group.