Is Technology Revolutionizing Real Estate? The Impact On Brokers And Buyers
Industry experts express while technology has streamlined the process, it is unlikely that it will completely replace real estate agents
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Luxury comes at a price for Dubai’s real estate brokers
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Ahmed Abou Al Naga, head of institutional sales at Metropolitan Group, added:
Everyone is focusing on the luxury segment because when it comes to this market it doesn’t have a resale price. Basically the seller will name his or her price and they will make a $10 million premium on one property.
Russian buyers have further boosted demand. The number buying property in the emirate rose 164 percent in the first half of 2022 compared to 2021, according to real estate agency Betterhomes.
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