Real Estate Companies Back Online House Sales

Real estate companies are trying to mitigate the effects of an abrupt drop in property sales due to Covid-19 by implementing measures such as the sale of flats electronically.

In this way, the Madrilenian property developer Gestilar, one of the most active in the north of the capital, was one of the first to react last Friday when it launched a video call service to look after its clients, in an attempt to make this situation “affect our interaction with clients as little as possible”, said sources at the company.

“We must adapt to a new and unknown situation in an agile way to serve our clients with the greatest security. Thus, at Habitat Inmobiliaria, all of our salespeople and call centre employees are working from home and providing information to clients by post, email and other electronic forms”, said Habitat in a statement to Cinco Días. The property developer owned by Bain Capital points out that construction companies are continuing with building work, of course complying with the requirements of the health authorities. It is still too early to make an objective assessment, but naturally, this affects us just as much as the other sectors.


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Translation/Summary: Carmel Drake