The Egyptian Real Estate Platform, signs the first commercial agreement with New Avenue Real Estate Consultancy

Egyptian Real Estate Platform signed a strategic commercial agreement with New Avenue Real Estate Consultancy, to list 300 real estate agents on the platform and display their units on the platform to benefit from the global technologies that about 2 million agents are working on around the world.

The agreement was signed by Ahmed Elbatrawy, founder and CEO of the Egyptian Real Estate Platform, and Ahmed El-Dessouki, Managing Director of New Avenue Real Estate Consultancy.

The agreement between the two companies will represent a milestone in the Egyptian real estate market, as this pioneering cooperation will revolutionize the real estate technology scene in Egypt, by providing innovative solutions that reshape the way real estate is bought, sold, and managed in the Egyptian market by establishing a unified real estate number.

This strategic agreement aims to provide advanced technology solutions that will simplify and modernize various aspects of the Egyptian real estate market, by benefiting from their experience and technological prowess, as the two sides will cooperate to develop and implement innovative tools and services that improve real estate transactions, enhance transparency, and raise the level of the comprehensive customer experience.

Egyptian Real Estate Platform will equip agents with the latest digital tools and comprehensive data analysis capabilities, real estate agents, consultants, brokers and developers will be able to make informed decisions, take advantage of market trends, and effectively connect buyers and sellers in a dynamic and efficient manner, by harnessing the power of technology. Through which the partnership seeks to expand the horizons of the Egyptian real estate market and open new opportunities for growth and success.

Ahmed Albatrawy, founder and CEO of the Egyptian Real Estate Platform, said that the first agreement in Egypt with New Avenue was carefully chosen as it is one of the leading real estate consulting companies in Egypt that has a technological advantage, in addition to its services, and its reliance on culture and knowledge that is consistent with the vision of the Egyptian Real Estate Platform.

He confirmed that the Egyptian Real Estate Platform will give the agents listed on it a number of training courses, so that they will be able to simplify their work, as the platform will serve as a guide for them during their real estate decisions and investments.

Elbatrawi added that the establishment of the Egyptian Real Estate Platform in cooperation with the Al Alalmiya Al Hura Information Technology Company and its founder, Osama Abu Muslam, provides Egypt with an unbeatable high-tech platform, which is set to revolutionize the real estate market in Egypt with investments exceeding one billion EGP.

He stressed that the new technologies that the Egyptian Real Estate Platform has will have a role in bringing about a major shift in the Egyptian real estate market, as these technologies aim to bring together specialists in the real estate sector in order to improve market efficiency, trust and transparency, especially since the platform will be a single center for real estate specialists and agents. This ensures a central database, global reach, and revolutionizes the way individuals search for the most suitable property that matches their needs and dreams of owning a property through a commitment to excellence, integrity, and continuous progress.

He continued that MLS technologies, short for the Multiple Listing Service, which completely dominates online real estate trading operations, will use “AI” technologies and bring together real estate developers, marketers, and governments in one platform. The platform was developed by the world’s leading technology provider, CoreLogic, based in California, United States. The American company has a business volume of about $1 trillion annually.

Ahmed El-Desouki, Managing Director of New Avenue, said that the company’s presence on the Egyptian Real Estate Platform through its 300 real estate agents, and the start of displaying 1,000 units, is an important matter for us to begin the journey together, pointing out that the company has confidence. On the Egyptian Real Estate Platform and the gains that will accrue to both parties from working together, which will ensure positive effects on the market as a whole.

He continued that both the Egyptian Real Estate Platform and New Avenue enjoy their commitment to professionalism and innovation, and through unifying efforts, after the new agreement, they aim to set new standards for the Egyptian real estate market and work on positive change in the Egyptian real estate scene, especially since the cooperation represents a combination of experience. knowledge and resources, with a common goal of enabling and promoting sustainable growth in the sector.

He added, according to our vision, that the Egyptian Real Estate Platform will work to simplify the process of buying and selling real estate by providing an easy-to-use experience and the latest technologies and data in the fastest time.