Mister T & Reach Real Estate Combine Forces

Mister T and Reach Real Estate combine forces and thereby enter into a strategic partnership as a measure to serve clients effectively and efficiently. The real estate brokerage business has undergone a rapid change in the last few years and this has prompted the two companies to look at possible avenues of sharing and merging information in order to help the customer get the job done.

‘There are very few properties in the market which are divided and shared among hundreds of agents and that is a problem especially if these agents are not full-time real estate professionals and that is why we feel we should take this step to educate clients on the importance of working with agencies or realtors who are established or have an office or at least some form of credible presence either online or offline’, Shared Ms. Adamjee, the Chief Executive Officer of Mister T.

‘We are very happy to tie up with Mister T and associate our brand with theirs purely to bring about positive results in the market. Real Estate is not for everyone and the profession has to be respected and practised properly. By partnering or rather combining forces, we will unlock a number of opportunities for us as well as the clients and that is a great positive going forward’. Shared Mr. Ranasinghe, the Managing Director of Reach Real Estate.

The real estate agent culture has not been that great in Colombo especially with owners trying to by-pass realtors just to avoid commission payments and other agents trying to undercut the professionals for money which is why many veterans use the terms ‘Cut-throat business’ when referring to the real estate industry of Sri Lanka. The goal of forming such partnerships is to encourage the professionals to continue the good work and to educate clients on their best options when it comes to picking the right real estate agency for the job!