Berkshire Hathaway HomeServices introduced growth of its franchise network into the United Arab Emirates with the opening of Berkshire Hathaway HomeServices Gulf Properties.
The brokerage is led via Dr. Ihsan Husein Al Marzouqi, chairman; and CEO Phil Sheridan, who convey to the agency a longtime crew of 30 expert advisors and support workforce. Gulf Properties aspires to grow fast through tripling its guide be counted and establishing the 2nd workplace in Abu Dhabi within a year.
“We are excited to go into the UAE and Dubai with such experienced and revered leaders as Dr. Ihsan Husein Al Marzouqi and Phil Sheridan,” stated Berkshire Hathaway HomeServices Chairman Gino Blefari. “Dubai has been a top priority for our community’s global expansion as it represents innovation amongst global leaders and is a top international center for change, logistics, tourism, and finance. Gulf Properties will connect our developing brokerage network among East and West and could provide unequaled get right of entry to to one of the international’s most interesting real estate locations.”
Berkshire Hathaway HomeServices is one of America’s fastest-growing actual property brokerage networks with nearly 50,000 advisors and 1,450 places of work named to the logo for the reason that its release in fall 2013.
“We are proud to carry the Berkshire Hathaway HomeServices emblem to Dubai,” said Sheridan. “The emblem and its lineage are reputable globally. We agree with the logo can be warmly embraced in Dubai and the UAE as citizens and belongings buyers will respect the logo’s recognition and advertising potential. Those in search of actual estate steerage have to appearance to Berkshire Hathaway HomeServices Gulf Properties for their illustration.”
Gulf Properties marks the fourth worldwide franchisee of Berkshire Hathaway HomeServices following Rubina Real Estate in Berlin; Kay & Co. In London and Maggi Properties in Milan. The brokerage will strain ongoing professional development and could provide its advisors with top-shelf gear and assets.
“Our franchise settlement allows us to deliver pleasant practices from the worldwide actual estate network into Dubai and the UAE,” stated Al Marzouqi. “Our retailers can be annually accredited and accountable to processes, standards, and client pleasure. There isn’t any room for mediocracy at Gulf Properties. Differentiation will be key in this enterprise: We need to be the quality in the marketplace and we’ll educate to be satisfactory.”
“We may even use the practice of one of a kind listings, much like what we see in greater developed markets, to provide a streamlined manner for clients,” Al Marzouqi added. “The procedure of making an investment in real estate may be complicated, and Berkshire Hathaway HomeServices Gulf Properties will put off that stress.”
With their network membership, Gulf Properties sellers advantage get admission to to Berkshire Hathaway HomeServices’ “FOREVER Cloud” technology suite, a power supply for lead generation, advertising help, social media, video manufacturing/distribution and greater. Berkshire Hathaway HomeServices has aligned with Salesforce to supply global-class technology guide to its network individuals far into destiny. The emblem additionally presents international listing syndication, relocation referrals, expert education, and the special Luxury Collection advertising software for top-quality listings.
“As an actual estate expert in Dubai, I could be seeking out a global-elegance emblem and skilled management group, and what the brokerage will provide in terms of a guide, schooling, and lifestyle — a real career direction,” said Sheridan. “I might look no further for the ones important qualities than Berkshire Hathaway HomeServices Gulf Properties.”
Timing for Gulf Properties’ brand transition is ideal, Sheridan brought, as the Dubai real estate marketplace movements forward with a growing population now exceeding three million – many of whom very own assets – and two-thirds of the sector’s population within an 8-hour flight. Consumers are an increasing number of interested in Dubai for its favorable ownership blessings including tax-unfastened earnings, no belongings-tax exams and resident visas issued on property purchases, amongst other elements. Residential and commercial actual estate initiatives are proliferating in reaction to demand and the developing Dubai economy. Beyond this, Dubai will draw even greater international attention because it will host Expo 2020 beginning within the fall of subsequent yr.
“We are excited about the destiny and commemorated that our franchise agreement makes Dubai the primary Berkshire Hathaway HomeServices place out of doors the U.S. And Europe,” stated Al Marzouqi. “The presence of such an iconic international emblem is in addition testament that Dubai is certainly an international destination on the subject of trade and real property investments.”
Chris Stuart, CEO of Berkshire Hathaway HomeServices, welcomed Gulf Properties. “Dr. Ihsan Husein Al Marzouqi, Phil Sheridan and their team will be sturdy ambassadors of our Berkshire Hathaway HomeServices brand,” he said. “Gulf Properties has experienced leadership, talented retailers and a bold growth plan for Dubai and the UAE. We will aid the brokerage every step of the way.”
About Berkshire Hathaway HomeServices Gulf Properties
Gulf Properties is a luxury Dubai actual property agency centered on the sale, letting and property control of the best and most exceptional houses and boutique new projects. Visit dubaipropertysearch.Ae.