To help guide you through your buying decision, have completed a thorough survey to find the best real estate agents in Egypt. Talking to former buyers and sellers for their first-hand accounts to select the best agencies by assessing their marketing strategies, property portfolio, service and other related information. Then checked the experience of each real estate agent, properties, speed, price, and other important features.
A real estate broker will be the right person to represent you when buying or selling a property in Egypt. To avoid any frauds, the broker should have a valid license from the government, be certified by an organization that has been recognized by the State Council to be an expert in real estate, and should have had several years of experience dealing in real estate transactions. If the broker does not have these characteristics, you must choose another agent to do the job for you.
In Egypt, there are two kinds of real estate firms: the government-owned companies and the private ones. The government-owned firms are licensed by the State Council, which will ensure that they adhere to the rules and regulations regarding real estate transactions, including the licensing requirements, property registration, and other relevant requirements.
Private firms on the other hand, are usually self-employed or freelancers. Their products and services are normally based on their own reputation, credibility, and skills.
Real estate is a very lucrative business in Egypt, but you need to be a careful investor, as you can lose all your investment if you make a mistake. You can check with the Egyptian Investment Authority (EA) website to know more about commercial real estate in Egypt.
Real estate has a lot of potential to generate profits because it is a huge market in a country that is not fully developed. For those who plan to enter this field in Egypt, they need to do thorough research and study the various types of real estate options to determine whether they are suitable for their needs.
A number of real estate brokers are available in Egypt, but you should be careful as not all of them are legitimate. For example, you need to be very careful with an agent whose primary role is selling properties to individuals.
You must carefully inspect the real estate agent’s website to determine whether he is genuine and honest in his work. The website will usually provide the address of his office and phone number, which is always a good sign of trustworthiness.
You should also try to find out more about the real estate agent’s track record and previous sales. You can check whether he has managed to successfully sell similar properties in the past. and how many properties he has sold. He should be able to give you a full description of all the properties he has sold, including the sales price, the commission he earned from each sale, and the number of properties he has managed to sell in a single day.