Delivering as promised
What more could be saddening as an asset owner than being stripped away from the benefits of the asset you acquired through hard work? What more could be agonizing than having a property you can’t access? Ownership that is only marked on paper? Sadly, the majority of Ethiopian real estate owners face this.
Most developers in the country collect payments, finalize sales, and close deals even before they have acquired the land and approved their design for construction. What comes next is unbearable for the buyers that have put their trust and money into these developers.
Waiting 5+ years to be handed the keys to the homes they have finished paying for, delivering properties that are way lower than the quality they are promised, and absence of amenities included in the design…. And in rare cases, slight changes in design! Even though this is a reflection of the general construction and project completion issues the country faces in multiple sectors, experiencing these issues in the real estate market is intolerable.
The industry is a competitive market that should strive to satisfy customers’ needs, moreover, most of the challenges are easily preventable if given the right type of attention ahead of time. We are certain in this conclusion because as real estate developers, we have demonstrated it practically, not once but twice. Addis Property Marketing Group has powered the delivery of 2 successful projects, developed by its sister company Hosea real estate.
The first one is Roha apartments; the most recent is Yerer Homes. Treating its clients as partners is the basic company value in the firm, transparency & honesty have been non-negotiable from the start. In order to put these company values into practice both apmg & the developer strive hard from the beginning.
The Sales processes have never been started before design approvals & Land acquisition, Resources for the initial phases of the construction have always been prepared before the first excavator touch the ground, Both the marketing & the construction team make sure the construction is going according scheduled time frame and lastly, in order to establish transparency in front of the clients, construction progress updates are disclosed monthly.
This is the culture that apmg & its sister companies endorsed. And it has yielded nothing but trust and appreciation among buyers. So, yes! It is possible to relieve the aches of real estate owners in Ethiopia by exercising planning & transparency. We claim this because we have done it successfully, twice!
