Real Estate Business – From complexity to Simplicity
Real estate and construction industry accounts for approximately two percent of Pakistan’s total GDP as it generates a high level of direct employment and stimulates demand in more than 250 ancillary sectors, including; agriculture, Industry and Allied, construction, and tourism.
According to the World Bank estimate, the size of a country’s real estate assets constitutes between 60% and 70% of the country’s total wealth; if these estimates are applied to Pakistan, the estimated size of the real estate sector will be $300 to $400 billion.
Realization of Gaps
There are several challenges incurred by Real Estate industry but according to the Chairman Imarat Group of Industries, Mr. Shafiq Akbar, there are four basic overarching issues including lack of planning, lack of regulation, lack of access to valid information, malpractices and lack of digitization to boot, which eventually increase people’s speculations and lessen the trust to invest in this market.
Being vigilant to its vision, Agency21 International realized these gaps and came up with a more convincing objective to transform the image of Real Estate of Pakistan.
Agency21 International – Changing the Image of Real Estate
Agency21 International was established back in 2016 with an aim to manifest the country’s Real Estate potential and contribute effectively to this market to make Pakistan one of the fastest-growing economies in the map of the world.
It has entered with a vivid vision to transform the real estate sector by creating waves with a digital revolution to corroborate that its customers get safe, secure and hassle-free transactions by ensuring avoidance of all kinds of malpractices in the real estate business.
Indeed, it has successfully introduced an efficient system which profoundly regulate and monitor real estate practices to minimize the risk of elicit transactions and satisfy the needs of customers by ensuring that the property they intend to rent, sell or buy is secure, real, vetted, and free from any possible problems that might haunt them for generations.
Expansion with integrity
With each passing year, Agency21 International fearlessly spread its wings and extended its web across the country starting from the twin cities to Peshawar to Lahore, rolling out to Karachi, Faisalabad and now has landed to the city of Saints, Multan.
Moreover, with firm determination and innovative approach it also envisages to reach out across the globe as it already roll out to London and now aiming to expand in other continents.
Unequivocally, Agency21 is the torch-bearer of the digital revolution in the Real Estate industry and has galvanized to clean it up from malpractices and enhance more streams of employment to unleash the talent of youth.
Integrity, Respect, Innovation, and Drive are four core values on which Agency21 International has thrived for the last past six years and has emerged as the leading industry of Pakistan. Agency21 is devoted to innovation, thus burgeoning on a relentless drive to inculcate respect and integrity in its operations and practices.
What makes it different?
It’s a platform which fosters reliable culture and serves as a one window solution to all property related issues. It makes the customer’s journey more convenient by proffering a 360-degree solution of all real estate matters either related to the valuation of property, its development and its data-based marketing.
It serves its customers with property valuation, document preparation, detailed market overview, legal cover of their transactions, comparative market analysis of the property, leasing and rental management, facilitating property purchase and sales and everything in between.
Strikingly, according to an estimation there are about one lac real estate agents working in Pakistan of which only 437 estate agents are registered with excise and taxation authority, eventually giving rise to malpractices and shackles the trust of investors.
Contrarily, Agency21 holds real and qualified realtors, certified in Development Study Certification course from the National University of Science and Technology (NUST), who are running in market with the necessary skills and knowledge to assist their customers in making informed decisions.
Progress in Upward Trajectory
Since its inception Agency21 International has been on an upward trajectory due to its relentless strive to bring hassle-free, transparent and secure services for the people to simplify the real estate experience for every Pakistani.
RE transactions are perhaps the most difficult to carry out in Pakistan, therefore, Agency21 aimed to implement 100% transparency in the Pakistani market which could define its approach stemming from its heritage as an owner and operator of its exclusive properties.
Agency21 envisages to further evolve and grow with innovative approaches to compete with global market trends. It leads in combining experience, hard work, human and technological resources to offer its client a transparent, professional and thorough representation in order to turn the real estate industry in Pakistan into a research oriented, technology driven and trustworthy industry.