SANTO DOMINGO.- In 2023, unity and alliances among Dominican real estate agencies were consolidated, according to Alberto Bogaert, president of the Association of Real Estate Agents and Companies (AEI), who specified that the path taken last year left its mark on the progress experienced in the sector's plans.
Despite the real estate fraud cases that tarnished the image of the sector and for which several people were prosecuted and are currently imprisoned in Dominican jails, Bogaert believes that "the scams are done by the scammers and not the real estate agents.".
He understands that for the real estate sector, 2023 was a year of progress, growth, and consolidation in many plans outlined at a general level by real estate agents and agencies.
“In 2023, the alliances between companies and the collaboration were consolidated. A clear example was the real estate fair in Colombia, where the country attended as guest of honor, and where 42 companies and nearly 400 real estate agents participated,” he explains.
He believes that the country's broad participation in the Great Real Estate Show of Colombia is a clear demonstration of the bonds that have been woven in the real estate sector, linked to the issue of master brokers where various firms join their efforts for the sale of projects.
“All of this has come little by little, until 2023 we see a consolidation in the collaboration between companies, that has brought many benefits for the sector, for the AEI, for the country as well and the truth is that it was a year of progress.”.
Projection
This year, 2024, is expected to be a busy one, with many property deliveries and project launches, and the sector will remain dynamic. “It’s a year that will see changes in how we market our product, our properties, and we truly believe it will be a year that makes a significant contribution to the Dominican economy.”.
For this year, the president of the AEI envisions closer collaboration between the real estate sector and the government through its institutions, leading to the implementation of plans already underway. “We expect very positive announcements for the sector in 2024, in addition to a continuation of the progress made last year.”.
He explains that the AEI has several plans for this year, such as the "Road to Success" event, held this February in collaboration with Carlos Rentalo.
“Another plan is to continue with the training offered, such as the CBR01 and 02 certifications, which are always in high demand. We are also organizing our real estate congress for August, which will be even better than last year's, which was excellent, but our commitment is to surpass it every year.”.
The Association's membership growth, both in terms of companies and agents, is noteworthy, and this is attributed to the work done and the growing trust members have in the organization. "We also have plans regarding market regulation, in conjunction with the government. We continue to submit proposals and engage in discussions, and we hope to finally achieve market regulation this year.".
