Buying a property is often a somewhat bureaucratic process for those who dream of owning their own home. After all, in BH, we're talking about online real estate transactions.
This process usually involves extensive research, contact with real estate agents and owners, and visits, all before making a decision.
However, the difficulty may be behind you, at least in Belo Horizonte. Companies specializing in streamlining this process are emerging in the city, all online.
Not to mention specialized portals, which bring together various property options in one place, facilitating contact between buyers and owners.
Real Estate Operations
This new way of conducting real estate transactions has also been reflected in market figures. Data from the Brazilian Institute of Geography and Statistics (IBGE) reveals that Belo Horizonte's Gross Domestic Product (GDP) grew 2% in the construction segment in the second quarter of 2019.
According to the Civil Construction Union of Minas Gerais (Sinduscon-MG), in Brazil there were 11.8% more real estate launches in 2019.
Of these, 256 units were launched in Belo Horizonte and 335 were sold. In the cumulative sales between June 2018 and May 2019, residential properties generated revenue of 32.6 million.
According to the Housing Union (Secovi), this represents an increase of 19.4% compared to the previous year. As we can see from the numbers, sales are outpacing launches. This reduces inventory and increases demand from construction companies.
The outlook is that this will be a period for the resumption of momentum in the real estate segment so that this performance will be maintained until 2023, when the market will consolidate again according to the predictions of some experts in the area.
2020 Scenario
Now, for 2020, the first few months are expected to be buoyant. Certain factors, such as government subsidies, combined with rising confidence and competitiveness, are decisive for the market's positive performance in this new period that is beginning.
The reduction in interest rates was essential to enable recovery and generate investment, ensuring that new projects begin.
Another important factor that has shaken up the market is the change in consumer behavior, which will require an update in the real estate segment.
One example of this is the emergence of new specialized portals, especially for those looking for properties for sale in Belo Horizonte. Learn more about how this innovation has boosted results in the state:
Agility in the process
One of the major advantages that specialized portals have brought to the real estate market is providing faster rental processes and, in this case, sales in BH.
It all starts with choosing a reputable website that already sells properties in the city and region, with the infrastructure and qualified professionals to provide the necessary service.
Filters, high-quality photos, and comprehensive information are often among the attractions for those searching for properties online. All of this allows users to quickly select and explore the most interesting options for their needs, regardless of their location.
Website appointments
However, it considerably reduces research time and makes choices even more assertive. Because the best options are selected, an in-person visit is required.
The websites offer online scheduling of visits and in some cases, a professional will accompany you on the visit to provide guidance and answer any questions you may have.
With the internet, negotiation has become increasingly simpler and safer. Negotiations and proposals, for example, can be conducted online.
In short, in some cases, steps such as verifying credit and submitting documentation can also be carried out via the website.