Important points for choosing real estate development companies

  • 3 years ago
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There are people whose luck is good, and they know how to choose a good and committed company, and there are more people, unfortunately, who may choose wrongly, and the company is not committed to the promises that the customer bought for.

Within the framework of the Al-Ahram Real Estate initiative to spread real estate awareness, we decided to explain the 7 most important tips that you should take care of while choosing the company that you will deal with in New Cairo?

Ability: The company must have the ability to carry out the promises it makes to you and ensure the continuity of the company, and you will know it through the size of the company (to be an Egyptian joint stock company and to be subject and monitored by the General Authority for Investment – the number of projects – the age of the company in the market – the size of the administrative structure of the company – Who are the owners of the company and what is their reputation in the real estate market – the number of their clients – the size of their presence in the social media).

Credibility: It is the extent of the company’s keenness and commitment to implementing all the terms of the contract and the promises that it promised to the customer, and you will know it through (previous inspection of the company’s work and the quality of implementation – reviewing the evaluations of previous customers – searching in search engines for the name of the company, it will be clear if there are any previous problems or complaints) .

Without Violations: The compliant company is keen not to break the licensing rules and construction requirements, so it adheres to the number of licensed units in each project according to the construction requirements in each region and each land area.

Owner and executor: Recently, exclusive marketing has spread in companies, and this sometimes makes the company not be able to commit with the client because it will be marketing the project for the benefit of an investor who is the one who controls everything. With the company’s licensing papers (company contract – card or commercial register).

Balanced contract and legal procedures: The contract must be very good because you buy something to receive it within two or three years, and it must be balanced between the rights of the client and the obligations of the executing company – also, do not forget to take a copy of the project land papers and inquire about it in the real estate department in the New Cairo City Authority, and there is nothing I don’t mind if you ask about the name of the company in a friendly manner, because the employees still know the names of the big and committed companies that don’t get complaints about them.

Sales employee: The sales employee must be “expert and honest” because if he has these two qualities, he will be able to help you choose the most suitable thing for your needs and also be suitable for your capabilities (he sells you what you need, not what he wants to sell). The points they should focus on while choosing the company

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