Why did GTSA develop the vendeRAPIDO® selling process for selling real estate in South America?
There are two reasons. To speed up the selling time and maximise the properties value Current Market Realities South American real estate markets are mainly lightly regulated and highly informal. This means vendors are at a substantial disadvantage when they come to selling a property within a reasonable time frame. Traditional times of sale are measured in months and years. Consequently, transaction costs are among the highest in the world. With the globalization of real estate GTSA saw an opportunity…
The Problem: Property Not Selling? Maybe we can help
There are several reasons why otherwise prime real estate gets no interest from qualified buyers. Is it priced for the market conditions? ( market values keep changing up and down ) Is it easily accessible to be viewed? Is it being advertised in the logical target markets? Does the quality of marketing represent the quality of the property? ie is it repressed by high-quality media that has been edited professionally? Here is an example from Cafayate, Argentina. Is the real estate salesperson experienced in…
Don’t miss these 5 Real Estate Tech Trends in 2019
The real estate industry has changed a lot over the last decade, and new technologies are having a surprising amount of an impact on the way that real estate agents do their jobs. At the same time, comparison sites and other newcomers to the industry are giving consumers more choice when it comes to buying and selling a property. All of this means that the industry as a whole is coming to terms with what maturity looks like, while iterative development and brand new technologies are changing the way that…
HOW VULNERABLE IS THE $100+BN PROPERTY PORTAL INDUSTRY WORLDWIDE?
This is an article written for a New Zealand audience but the challenges and disruption that is causing some in their real estate industry to pause is also very applicable to the South American market which is very fragmented with a low level of transparency. It was written by Alister Helm a licenced real estate salesperson and journalist. “It was 5 years; almost to the month that Trade Me made its ill-fated blunder. A very costly blunder, a blunder that continues to hold strong memories within the…
Will real estate agents be replaced by robots?
It’s no longer a question of whether but rather when the real estate industry will be disrupted. Our way of selling and buying houses remains a pain point. California-based investment advisor Ross Gerber summed up what lots of us think when he said, “The real estate industry desperately needs … a transparent, predictable and liquid market that not only captures supply and demand dynamics but allows for expeditious, low-cost and hassle-free transactions. Such a market would increase activity,…
