The company has operations in Miami, Orlando, Mexico, Dubai, Bali and the Dominican Republic.
PUNTA CANA.- The local real estate landscape is booming, drawing international experts and consultants. They come to share strategies and models with the Dominican Republic that have proven profitable for them.
Raul Alberti, an Italian-French with an impressive 23-year record in the real estate industry, is a reputed speaker and lecturer. Alberti asserts his unique methodologies have allowed him to sell more than a billion dollars in real estate over two decades.
Alberti’s real estate brand, 195 Real Estate, arrived in the eastern Dominican area a year ago. It introduced unconventional property selling techniques such as cryptocurrencies, fractions, and tokenization. These methods have been successfully applied in countries where it has a presence.
Alberti credits innovation for his success, having spent 13 years in Mexico.
“We introduced real estate fractions to the Dominican Republic. A person no longer needs to have 100 thousand dollars to purchase an apartment. Now, they can buy a fraction and have a share in the title,” Alberti said.
He explained that real estate fractions are shared properties. Groups of people invest, enjoy similar benefits, and share the return on investment. This model was recently pre-launched in the country and has already been market-tested in Mexico.
195 Real Estate has been in the Dominican market for about a year, and has a team of 8 local real estate advisors. Its international team spans across Florida, Orlando, Mexico, Dubai, Bali, and the Dominican Republic.
Purchasing in Fractions
“The sale process remains the same, including the pre-sale process, contract signing, and down payment. In the Dominican Republic, either a company or a trust can be created for legal purposes,” Alberti advises.
Alberti believes that group real estate investment makes sense as it creates more clients and opportunities. It also allows more people to invest in real estate with less initial capital. Investors can then earn a return on their investment, or use their shares for personal purposes.
Beth Lizardo, the brand representative in the Dominican Republic, confirmed that fractional sales have been successful in Mexico and have already been completed.
Alberti further declared that property buyers are highly satisfied with the return on their investment and expressed excitement about the model’s roll-out in the Dominican Republic.
Beth Lizardo and Raul Alberti speaking to El Inmobiliario. Photo credit: Fidel Pérez/El Inmobiliario.
Sales will Start in January
The CEO of 195 Real Estate announced that the first fractions will begin to be sold in January next year, with the official launch slated for February.
A Different Kind of Real Estate Agency
Lizardo asserts that the agency is unlike traditional real estate brands, boasting a network of over 23 thousand associated brokers worldwide. They leverage cryptocurrencies, tokenization, and fractional properties.
Beth further explained that their platform allows the broker that the client chooses to earn the highest commission, which can range from 4% to 9%.
A Results-Driven Approach
Alberti encourages real estate brokers to specialize in a specific niche, focusing on investors who value numbers and can purchase remotely. This strategy has resulted in successful virtual events and property sales.
Last year, Alberti claims, his company made close to a thousand virtual sales.