Professionalism needed in the real estate sector
Launching the Jokhan Realtors office in Ba, Sayed-Khaiyum highlighted there are some agents involved in illegitimate activities.
He also highlighted a World Bank Report from 2007 that one-third of the Fijian economy operates outside the law.
Sayed-Khaiyum says real estate agents are necessary to bring accountability into the sector.
While acknowledging Jokhan Realtors for investing during this difficult phase, Sayed-Khaiyum says it is crucial to have such businesses.
“It’s best to engage a professional service provider than to do things on your own. It brings better accountability and ensures your compliance with FRCS and many other areas of the law. So I would like to thank Jokhan Realtors for actually taking a very brave step. Many people in fact shifted away from investing.”
Jokhan Realtors Director, Reginald Jokhan adds that despite the challenges brought about by the COVID-19 pandemic, investor confidence remains high.
He is also planning to open an office in Savusavu and Labasa.
Credit: FBCTV