The brokerage is led with the aid of Dr. Ihsan Husein Al Marzouqi, chairman, and CEO Phil Sheridan, who deliver to the employer an established group of 30 professional advisors and assist staff. Gulf Properties aspires to grow fast using tripling its marketing consultant count number and beginning the 2nd workplace in Abu Dhabi within 12 months.
“We are excited to go into the UAE and Dubai with such experienced and respected leaders as Dr. Ihsan Husein Al Marzouqi and Phil Sheridan,” said Berkshire Hathaway HomeServices Chairman Gino Blefari. “Dubai has been a top precedence for our community’s worldwide expansion as it represents innovation among international leaders and is a top global center for change, logistics, tourism, and finance. Gulf Properties will join our developing brokerage network among East and West and could offer unrivaled get right of entry to one of the global’s maximum thrilling real property 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 brand because of its launch in 2013.
“We are proud to convey the Berkshire Hathaway HomeServices logo to Dubai,” stated Sheridan. “The logo and its lineage are reputable globally. We accept that the brand may be warmly embraced in Dubai and the UAE as residents and property traders will appreciate the brand’s popularity and marketing potential. Those searching for real estate steering should make an appearance to Berkshire Hathaway HomeServices Gulf Properties for their representation.”
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 stress ongoing expert improvement and could provide its advisors with top-shelf equipment and assets.
“Our franchise agreement permits us to deliver pleasant practices from the worldwide real estate community into Dubai and the UAE,” stated Al Marzouqi. “Our marketers can be yearly authorized and responsible to processes, standards, and consumer pride. There isn’t any room for mediocracy at Gulf Properties. Differentiation could be key in this industry: We need to be the nice in the market, and we’ll train to be the best.”
“We may also use the practice of special listings, just like what we see in extra advanced markets, to provide a streamlined technique for clients,” Al Marzouqi added. “The manner of investing in real estate can be complex, and Berkshire Hathaway HomeServices Gulf Properties will dispose of that stress.”
With their network club, Gulf Properties retailers advantage get entry to Berkshire Hathaway HomeServices’ “FOREVER Cloud” era suite, an effective supply for lead generation, advertising support, social media, video production/distribution, and more. Berkshire Hathaway HomeServices has aligned with Salesforce to supply world-elegance technology support to its community individuals ways into the destiny. The emblem additionally offers international list syndication, relocation referrals, expert training, and the one-of-a-kind Luxury Collection advertising and marketing program for foremost listings.
“As a real estate professional in Dubai, I could be searching out an international-elegance emblem and skilled leadership group, and what the brokerage will offer in terms of a guide, education and culture — a real profession route,” stated Sheridan. “I could look no further for those critical characteristics than Berkshire Hathaway HomeServices Gulf Properties.”
Timing for Gulf Properties’ logo transition is good, Sheridan added, because the Dubai real estate market moves ahead with a growing populace now exceeding 3 million – many of whom personal assets – and -thirds of the arena’s population inside an 8-hour flight. Consumers are more and more drawn to Dubai for its favorable ownership blessings, including tax-free earnings, no property-tax checks, and resident visas issued on belongings purchases, among different elements. Residential and commercial actual property projects are proliferating in reaction to the call for and the growing Dubai financial system. Beyond this, Dubai will draw even extra global interest as it will host Expo 2020 beginning inside the fall of the subsequent yr.
“We are excited about the destiny and commemorated that our franchise agreement makes Dubai the primary Berkshire Hathaway HomeServices vicinity outdoor the U.S. And Europe,” stated Al Marzouqi. “The presence of such an iconic international brand is further testimony that Dubai is indeed an international vacation spot on the subject of commerce and real property investments.”
Chris Stuart, CEO of Berkshire Hathaway HomeServices, welcomed Gulf Properties. “Dr. Ihsan Husein Al Marzouqi, Phil Sheridan, and their crew can be sturdy ambassadors of our Berkshire Hathaway HomeServices logo,” he said. “Gulf Properties has experienced management, gifted sellers, and a formidable growth plan for Dubai and the UAE. We will aid the brokerage each step of the manner.”
