Virtual home tours are a suitable solution in light of “Covid-19”
Nomad Homes anticipates a strong real estate market for buyers during 2022
Nomad Homes emphasized the importance of sustainability when constructing buildings.
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Timur Fisher: "Real estate agents in the UAE expect a market in which real estate demand will continue to rise."
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Timur Fisher, general manager of the Nomad Homes platform in the UAE, expects 2022 to maintain its classification as a strong real estate market for buyers in the UAE, amid the growing interest of potential home buyers in expanding their real estate portfolios and securing suitable housing for their families.
He added to «Emirates Today» that real estate agents in the UAE, especially in Dubai, expect a market in which demand for real estate will continue to rise.
Fisher explained that the real estate market witnessed during the past year, an exceptional wave of buyers for the first time, and to a large extent, low interest rates on mortgage, which reached its lowest levels ever.
virtual tours
Fisher noted that home buyers are increasingly relying on the perspective of real estate agents and brokers, and on virtual tours of homes, rather than physical visits and inspections.
He stated that according to a survey conducted by the Association of Real Estate Agents in the United States, 35% of real estate agents confirmed a heavy reliance by sellers on virtual tours.
"The increasing use of this technology indicates that this trend will continue as a primary way to view and inspect homes and engage potential buyers both virtually and visually," he added.
He believed that virtual tours of homes and 3D maps have become the appropriate solution for both buyers and sellers, after restrictions on movement were imposed in the wake of the spread of the “Covid-19” pandemic.
«Nomad Homes»
Fisher pointed out that the Nomad Homes platform seeks to innovate in the real estate industry, by enabling home buyers to list their preferences, provide available options that match their requirements immediately, and guide them accordingly during the process of finding their dream home.
He explained that Nomad Homes is the first comprehensive technology platform that provides a customized experience of real estate services to buyers and renters across Europe and the Middle East.
Fisher emphasized the importance of sustainability when constructing homes or commercial buildings.
He said that with the continuous changes and developments in this sector, real estate developers can no longer consider sustainability as a side issue but rather as a necessity and an essential advantage.
Fischer added that according to a survey conducted by Niselsen, 81% of consumers around the world believe that companies should put improving the environment at the top of their main goals, especially as green building initiatives have spread today, and buyers expect a certain amount of sustainability in Their homes and commercial buildings, such as energy-efficient appliances and windows, have features that ensure air quality.
instant purchase
Fisher touched on the competition of companies known as iBuyers with traditional real estate brokers, using algorithms to determine housing prices and provide an instant offer to sellers, pointing out that this instant method of buying and selling homes will make a big shift in the real estate market in the coming years.
According to Fisher, the use of artificial intelligence and algorithms enables instant buying companies to create an electronic assessment, giving sellers a seamless way to sell their properties without having to deal with banks or real estate brokers.
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