Panama’s Real Estate Market is about to change. Emergis Real Estate today launched its real estate portal, www.emergisrealestate.com. This site integrates the Emergis Real Estate team and other licensed real estate brokers in Panama in a common goal, so serve PanamReal Estate needs.. Additionally, it allows sellers to upload their property details directly onto the site so that prospective buyers visiting the portal may get basic information about the properties that are currently on the market in Panama City.
The site aims to become more dynamic with features such as constant e-mail reminders to all parties involved, which add value to the users of the site. One of the most important features of the site is that it is driven by Buyer Property Requests. Potential buyers interested in purchasing or renting a property in Panama provide their basic needs such as number of bedrooms, number of bathrooms, size, neighborhood and other characteristics that are important to them. The Emergis Real Estate system then matches these requirements up with actual properties uploaded by brokers and sellers that match these criteria. Another feature, that did not exist in the market is the ability to schedule appointments. After reading the property profile on the site, prospective buyers can decide to schedule an appointment to view a property. The site manages the appointment calendar for all stake holders: prospective buyers, sellers and brokers that are registered on the Emergis Real Estate database. After scheduling an appointment, an Emergis Real Estate staff member picks the buyer up and takes them to their several appointments to view properties. This allows for a visitor to optimize his or her time in Panama, as they now have in a single place all apointments.
“Finally Real Estate transactions are being driven by the buyers, and this website aims at just that. Until now, brokers and sellers limited themselves to properties in their inventory. This was not enough as generally, the buyers have a very specific idea of what type of property they are looking to purchase. Thus the market was being inneficient. Our solution optimizes this this and the ever elusive scheduling problem with busy and active brokers. It just makes more sense: if the buyers are the ones making the decisin, let them drive the market.” said the companys co-founder Mahesh Khemlani.
Everyone, benefit from an always up-to-date database and customer oriented staff to guide them through the process. The most important aspect of the entire proposition to buyers is that the service is provided at no additional cost to them. If the sale of a property should occur through the website, the seller pays Emergis the real estate brokerage fee which is typically 5% of the sale price, the standard real estate comission. If another broker is involved in the sale, Emergis splits the commission with this broker or company equally down the middle.
The Panama Real Estate market still promises a healthy outlook. World-class standards, and a stable economy have helped make of tourism an important source of revenue.
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