Panama Real Estate Market now powered by Emergis Real Estate.

By Daniel Retterhauer

Panama's Real Estate Market is about to change. Emergis Real Estate today launched its real estate portal, www.emergisrealestate.com. This portal integrates the Emergis Real Estate team and other licensed real estate brokers in Panama in a common goal, so serve PanamReal Estate needs.. Additionally, it allows sellers to upload their property details directly onto the site so that prospective buyers visiting the portal may obtain basic information about the properties that are currently on the market in Panama City.

After reading the property profile on the site, prospective buyers can decide to schedule an appointment to view a property. The site manages the appointment calendar for all stake holders: prospective buyers, sellers and brokers that are registered on the Emergis Real Estate portal. The site aims to become more dynamic with features such as constant e-mail updates to all parties involved add value to the users of the site. One of the most important features of the site is that it is driven by Buyer Property Requests. Potential buyers interested in purchasing a property in Panama provide their basic needs such as number of bedrooms, number of bathrooms, size, neighborhood and other characteristics that are important to them. The Emergis Real Estate system then matches these requirements up with actual properties uploaded by brokers and sellers that match these criteria. After scheduling an appointment, an Emergis Real Estate staff member picks the buyer up and takes them to their several appointments to view properties. This is the most innovative part and value adding solution.

"For the first time, the prospecting process is in the hands of the buyer. Typically, brokers and sellers try and market properties that are in their inventory. This is not enough as generally, a buyer has a very specific idea of the type of property they are looking to purchase. Our system tries to fix this and the ever elusive scheduling problem with busy and active brokers" said the companys co-founder Javier Ortiz.

Stakeholders can be assured they will have an updated database and trained professionals that will guide them through the process. A key aspect is of this platform is that it is 100% free for buyers and renters. If the sale of a property should occur through the website, the seller pays Emergis the real estate brokerage fee which is typically 5% of the sale price. Emergis welcomes other brokers and offers to split the commission with this broker or company 50/50.

The Panama Real Estate market has experienced tremendous growth over the last two years. The modern infrastructure and services offered by the country combined with its use of the US dollar as its legal tender have made the country an increasingly popular destination for baby boomers who are considering retiring overseas.

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