Real estate summit planned to empower Guyanese to make better decisions

As the local real estate industry booms, realtor Keller Williams Guyana has planned a real estate summit where Guyanese and other stakeholders can gain knowledge, network and become empowered to make critical decisions in this sector.

Recognising the rapidly expanding real estate sector in the country, Keller Williams Guyana has decided to host ‘Connect: Mega Real Estate Summit’, billed for September 6 at the Marriott Hotel in Georgetown.
Operations Manager at Keller Williams Guyana, Stefan John spoke with Guyana Times on Tuesday about this upcoming event and the benefits it holds for attendees.
“The summit is gaged on assisting those who are looking to invest in Guyana, those who have properties, those who want to build properties, those who are thinking of making a life in real estate, brokers, developers, international investors, etc. We have a heavy team of investors that are coming down and known property developers that are coming down from Guyana, Trinidad, Jamaica, Suriname, Dominican Republic, Barbados, etc.,” he stated, highlighting that Guyana is the place to be, and that everyone from around the world wants a piece of what Guyana has to offer.
Meanwhile John, with his vast experience and expertise stated that through an analysis he realised that many locals recognise the growing potential of the real estate industry but they need guidance on making decisions that work for them.
This is accurate, considering that there are no programmes within Guyana designed to specially training persons to know which are good properties to invest in.
“As a real estate brokerage, we often get the question as to where can I invest? Where can I purchase? Can I sell my home in Georgetown? Would it be best to sell my home in Georgetown to invest in a property in Berbice because I’m hearing of X development happening in Berbice. I’m hearing of X development happening in Linden, in Essequibo. Those questions are hard to answer and to advise as real estate agents. We advise our clients as to where to put their money to get the best Return on investment, this networking event was done so they can have those answers”
He noted too that with the country’s oil and gas industry poised for major expansions in the years to come, the demand for real estate services will continue to climb.
The discovery of oil reserves in Guyana has undeniably transformed the country’s real estate market. While it has presented opportunities for economic growth, foreign investment, and job creation, it has also brought challenges such as rising property prices and socioeconomic disparities.
“We engage with those in the oil and gas industry who are looking for housing, commercial, industrial needs. And as we assist them, we have to go out and look for those properties or persons who have those properties or who can acquire and expand and build and develop those properties to get the needs or to assist with the needs of those in the oil and gas industry.”
The real estate sector in Guyana continues to grow with the continuous expansions in prime sectors such as construction, retailing and insurance activities. (G2)
Tickets for the conference can be purchased online or at the doors for $10,000.