Recently, we hosted the Bproperty Online Property Fair, and it was the largest in Bangladesh. The fair started on the 1st of October and continued till the 15th of October, and has been received very positively by real estate enthusiasts. Through the fair, Bproperty trialed a revolutionary new feature that has the potential to change how people transact and negotiate properties. There were also many other features and services of the PropTech giant displayed at the fair. We will be talking about these things and more in today’s article on the Bproperty Online Property Fair.
The Bproperty Online Property Fair: An Overview
The Bproperty Online Property Fair featured over 10,000 available properties for purchase with the new offer button, a revolutionary feature that has previously never been tried before in Bangladesh. This button allowed visitors of the fair to directly negotiate the price of properties, right from the comforts of their own homes. It was featured at the fair on a trial basis. Other than that, 17 exclusive real estate projects from Dhaka and Chattogram were also featured at the fair. Visitors of the property fair also had access to other features such as property management, interior solutions, legal solutions, financial consultation and other financing options.
The Benefits Of An Online Property Fair
Normally, property fairs would be hosted in physical venues, with glitzy displays of exclusive properties, along with a plethora of real estate experts offering their advice to anyone coming to visit these fairs. But the current situation made it extremely difficult to host such fairs due to health and safety restrictions, with crowds and huge gatherings becoming unfeasible. As a result, the real estate industry had to adapt. This is where virtual property fairs have come into play. An online property fair can achieve most of these goals without the health risks associated with exhibitions hosted in physical venues. With Bproperty’s position as the only PropTech company in Bangladesh, we had to adapt as well.
Seamless Online Property Negotiation
Previously, Bproperty hosted a couple of property fairs in its marketplaces throughout the city. With that experience in mind, along with our years of expertise in PropTech, we at Bproperty tried to ensure the best possible online experience with the Bproperty Online Property Fair. The main objective of the fair was to make transacting properties as seamless an experience as possible. So, when you pair the new offer button with the virtual tours and other online services offered on the site, a prospective buyer could view any property in its entirety as an online walkthrough and make their offers as they see viable. This brings the whole arduous process of property negotiations and transactions online and makes property buying a hassle-free experience for the buyer.
Resounding Response From Visitors
With the conclusion of the Bproperty Online Property Fair, let’s take a look back at some of the highlights of the country’s largest online property fair. The fair had more than 50,000 visits, with listings receiving 5.5 views on average. Some listings received thousands of views, with the most popular areas for listings being Bashundhara R/A, Uttara, and Dhanmondi. The offer button also turned out to be very popular with the users, with hundreds of verified price offers received via the button.
The country’s biggest and best property fair has ended, and it has shown that despite the hardships and limitations of the current situation, it is possible to provide a seamless and hassle-free property buying experience. It was well-received by visitors and provided great insight into how the real estate industry can function in the current climate. Overall, the Bproperty Online Property Fair can be considered a huge success, with a high volume of visits, as well as numerous verified price offers, showing that people are more comfortable with transacting properties online.
