NEW MARKETS

New portal to aid Kenyan real estate agents buy UK properties

The move will allow real estate agents to sell properties, and earn in pounds.

In Summary

•The tool will also grant Investors a step-by-step guide on sourcing the right property to purchase in the UK.

•It will also give them the power and confidence to ask the right questions for profitable property investment.

Baron & Cabot Managing Director Mark Pearson
Baron & Cabot Managing Director Mark Pearson
Image: HANDOUT

Kenyan real estate agents will now be able to sell and buy properties in the United Kingdom following the unveiling of an Artificial Intelligence technology to predict property prices.

Through this portal, by UK Real Estate Firm Baron and Cabot, Kenyan real estate firms will get to de-risk their investments in international markets and gain access to a wide range of fully compliant properties.

The tool will also grant Investors a step-by-step guide on sourcing the right property to purchase in the UK, giving them the power and confidence to ask the right questions for profitable property investment.

Baron & Cabot Managing Director Mark Pearson, of said the move will allow real estate agents in Kenya and Africa at large to sell properties, and earn in pounds, providing an opportunity for growth into new markets.

"We are thrilled to be launching this innovative concept that will not only provide a platform for real estate agents in Africa to sell UK properties but will also create job opportunities and drive economic growth,” said Pearson.

According to the MD joint venture expansion plans are aimed at creating mutually beneficial partnerships that will bring value to all parties involved.

“We believe that by leveraging AI technology to predict property prices, we can provide our partners with a unique advantage,” he added.

The company will train the agents to equip them with the skills and knowledge they need to navigate the real estate market and take advantage of the opportunities that Baron and Cabot's concept provides.

Real estate will have the ability to reserve properties and Baron and Cabot will process the client through legal processes.

The international property investment company last year launched a base in Kenya to help investors in East Africa venture in the UK in a simple and effective way.

As part of its offering, Baron and Cabot will also provide clients with mortgages anywhere in the world (excluding war zones), with mortgage rates lower than 6 percent and deposits below 35 percent, making it easier for clients to invest in UK properties.

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