Online real estate marketplace offers help to Davao brokers
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She said Lamudi also educates buyers and gives them more liberty to make choices.
“Doing this hand in hand with the Davao government signals that the Davao property sector is certainly looking at very bright prospects in the years ahead,” she said
Chathambeth said between 100 and 120 professional brokers have so far been registered by Lamudi.
She said they are strengthening their presence in the city, owing to the fast-growing real estate industry here brought about by the increasing demand from overseas Filipino workers (OFWs).
A Lamudi briefer said its 2016 onsite search data analysis found out that the page-views for Davao City properties averaged 48,000 per month, while the monthly average for the first half of 2017 registered 53,000.[]
It added that the real estate website predicts search traffic for Davao City properties to grow 2.41 percent per month over the next 12 months.
Chathambeth added that Lamudi employs its own vetting process before brokers can post their listings online.
“It is very important to vet. What we know and what we are completely sure about is that if the property is of bad quality, they will never come back,” she said
Lamudi subscribers can also report to the quality control team for any bogus listings, and they will immediately deny brokers access to the website.
Davao City Investment Promotions Center (DCIPC) chief Lemuel Ortonio encouraged the brokers to go online because it widens their market reach not only domestically but also internationally.
“Ultimately, it can help the entire industry because they can reach a wider range of buyers,” he said.[]
He said it will also be easy for investors to make an inquiry on the available spaces they can rent out or buy in the city. (Antonio L. Colina IV / MindaNews)
