Panama Real Estate Market Takes Innovative steps powered by Emergis Real Estate
Posted on May 7, 2009 in the Real Estate category
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Panama’s Real Estate Market has a new player. Emergis Real Estate today launched its real estate portal, www.emergisrealestate.com. This portal allows for collaboration between the Emergis Real Estate team and other licensed real estate brokers in Panama. Additionally, it allows sellers to upload their property details directly onto the site so that visitors to the site may obtain basic information about the properties that are currently on the market in Panama City.
What happens next is the innovative part. Prospective buyers who view a property profile on the site can decide to schedule an appointment to view a property. The site manages the appointment calendar for all prospective buyers, sellers and brokers that are registered on the Emergis Real Estate database. Other nifty features such as constant e-mail updates to all parties involved 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. There is a place where Potential buyers can tell Emergis Real Estate their basic needs such as number of bedrooms, number of bathrooms, size, neighborhood and other characteristics that are important to them. In addition it will also remember your needs and if there is a property that gets uploaded in the future that matches most of your needs, Emergis Real Estate will automatically send you a notification and an invitation to schedule an appointment. After scheduling an appointment, an Emergis Real Estate staff member picks the buyer up and takes them to their several appointments to view properties.
“The market in Panama has changed, Real Estate transactions are now driven by the buyers, and this website aims at just that. Until now, brokers and sellers try and market properties that are in their inventory. This is not enough as generally, a buyer has a very specific idea of the type of property they are looking to purchase. Our system tries to fix this and the ever elusive scheduling problem with busy and active brokers” said the companys co-founder Mahesh Khemlani.
Users, benefit from an always up-to-date database and knowledgeable staff to guide them through the process. The most important aspect of the entire proposition to buyers is that the service is completely free. 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. Because this website aims to integrate everyone if there is another broker involved in the transaction the comission will be 2.5% for each.
The Panama Real Estate market has experienced tremendous growth over the last two years. The modern infrastructure and services offered by the country combined with its use of the US dollar as its legal tender have made the country an increasingly popular destination for baby boomers who are considering retiring overseas.
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I lived in Panama…actually David, Panama, and loved every second I was there. We have a drug and alcohol rehab located there, and I can honestly say that before I went there, if someone told me I would love it so much I would tell them that they are crazy….The word just needs to get out to people!
Rick
Timeshare Market Pro
I’ve vacationed in and stayed at many of the beautiful hotels and resorts in Panama, it still is one of my favorite places.
Thank you! I added this page to bookmark)) I think would be useful …