ORLANDO, Fla., Feb. 5, 2022 /PRNewswire-PRWeb/ — While regulations are a nightmare for most real estate brokers and developers, they are crucial to creating a safe and secure investment environment. In the Middle East, especially Egypt, United Arab of Emirates, and Saudi Arabia, the real estate terrain is grossly unregulated as most real estate transactions still occur outside oversight from the government, showing that the introduction of reporting requirements for realtors, builders, developers, and others will not be enough to regulate one of the largest undisclosed sectors of the economy.
Since its inception, Platform Leaders has specialized in providing real estate solutions for consumers and professionals in the Middle East. Through the company’s software, a licensing/registration system and educational platform, real estate professionals in the region have begun to experience a level of coordination in the market. Additionally, Platform Leaders has announced that plans are underway to implement a system to improve the broker-to-broker relationship. It is expected that through concerted efforts as proposed by Platform Leaders, unregulated markets will slowly become even more regulated, thus reaching new levels of growth, and maximizing the industry’s potential.
“I wanted to create something that hasn’t been done in the Middle East, but…