Ueli Schnorf and Philipp Peter, the owners of boutique firm Wetag Consulting in Lugano, Locarno and Ascona Switzerland, participated in the Leading Real Estate Companies of the World® Global Symposium from October 3-6 in Dubai, UAE. Mr Schnorf was also a speaker at the prestigious event, which was open exclusively to top real estate professionals affiliated with Leading Real Estate Companies of the World® (LeadingRE), a global network of market-leading independent real estate firms.

Mr Schnorf spoke about the behaviour of economic actors, such as real estate buyers and sellers, in times of global uncertainty. He shared information from the last 18 months related to luxury home markets, discussing how economic theory and actual consumer behaviour correlate. This is particularly useful when understanding how to address and consider buyers and sellers.

Mr Schnorf and Mr Peter joined a globally diverse group of attendees from 28 nations. Participants discussed a wide range of topics, including the evolving real estate market, best practices in service delivery, changing consumer trends, innovation and technology, development marketing, the commercial real estate market, and the impact of the global economy on home buyers and sellers.

The event was the latest in a series of highly successful Global Symposiums that LeadingRE has hosted in dynamic cities including Kuala Lumpur, Barcelona, Dubrovnik, Berlin, and Athens.

According to LeadingRE President and CEO Paul Boomsma, having the opportunity to reunite after holding the 2020 Symposium virtually generated an enthusiastic response, with the event selling out.

“After the challenges of the past couple of years, we were thrilled to reconnect and explore opportunities in the global real estate market – of course with relevant health and safety measures in place,” said Mr Boomsma. He adds, “Dubai was an ideal destination for the event, as a top real estate market, with rapid development, significant wealth, global standards for real estate, and a tech-forward approach.”

Mr Peter added, “Aside from the fascinating and useful sessions, we found viewing the property on the market in Dubai very interesting.” The team viewed a luxury apartment in the Burj Khalifa, the tallest building in the world with 160 stories that cost one and a half-billion dollars to build. “Before we could enter the highest apartment of the world on the 108th floor, we had to wait an hour as a Saudi family was interested in the apartment and asked for a viewing at short notice,” Mr Peter said. “The costs for the expansion amounted to around 3.5 million. It was one of the most impressive apartments we have ever seen.”

Wetag Consulting represents Ticino, Switzerland for LeadingRE. With a membership that spans six continents, LeadingRE connects more than 550 firms and 150,000 sales associates who produce over 1.3 million real estate transactions each year. As a member of LeadingRE, Wetag Consulting combines authentic local market leadership with top-ranked resources and relationships with other premier real estate firms across the country and around the world.

As a member of several leading international luxury real estate networks, Wetag has the reach and experience to offer clients the best local knowledge in the industry. Wetag’s boutique, exclusive service and deep understanding of the Swiss market allow them to compete with some of the world’s biggest real estate firms.

Mr Schnorf said, “It is always a pleasure to be able to represent the small Wetag of Switzerland alongside companies that have thousands of employees. Fifteen years ago we joined LeadingRE and since then we have remained at the highest level. The focus on events like LeadingRE’s World Global Symposium is the quality of participants, not the size, which is why we’ve been able to retain an important position in the structure.” He adds, “In 2020 in Palm Beach, we were elected Affiliate of the Year by Christie’s; we can definitely keep up with the big global firms!”

For more information about Wetag Consulting, please visit www.wetag.ch. For more about Leading Real Estate Companies of the World®, visit www.LeadingRE.com.