Khaled Abdel Baky
Certified Assets Valuer
Cairo
Summary
Dedicated and accomplished real estate professional with over 30 years of experience in the Egyptian real estate market, specializing in property management, relocation services, training courses, and residence visa programs. Committed to delivering exceptional results and fostering client satisfaction. Seeking a challenging leadership role where I can leverage my extensive expertise and network to contribute to the success of a dynamic organization.
Overview
33
33
years of professional experience
9
9
Certificates
Work History
Certified Real Estate & MTS Appraiser
COMFORT VALUATION ASSETS
08.2019 - Current
- Documented condition and special features to provide accurate estimations.
- Produced reports with detailed valuations.
- Visited site locations to assess value of [Real Estate , Machinery and Equipment Asset ((Machinery Technical Specialist Appraiser (MTS) ].
- Collaborated with adjusters and property managers and owner to generate new leads worth up to $[250,000,000] and increase revenue by [90]%.
Vice President of Operations
COMFORT PROPERTY MANAGEMENT
01.2012 - Current
- (A): Preparing or preparing the real estate project/real estate unit, including interior finishes, interior modifications, or redesign, to suit the requirements of the real estate market to obtain the highest and best investment return
- The cost of fees for the first party is 12% of the total price according to the executive evaluation of those works
- (B): Preparing a documented real estate evaluation report in the case of a real estate unit or a specialized feasibility study (for a real estate project) that includes calculating all the cash flows that the property can achieve during the first five years after deducting operating expenses, non-occupancy rates, and taxes
- It also includes legal consultations or legal descriptions
- (C): Preparing a marketing study to market the property electronically, whether for sale or rent, or whichever is closer, according to the state of the real estate market and after the owner's approval, by determining the period to find a buyer/tenant and achieving the best investment return (rent) that the property can earn annually, and this includes the value of a commission
- Real estate brokerage is any real estate brokerage used by the first party, provided that the first party is the only one responsible for marketing the unit or project through the value of fees for the first party in the amount of 12% of the total annual income
- Not the net income after subtracting the expenses and operational maintenance that the second party pays and is committed to, and its value is deducted, whoever entered the property
- (D) Financial management service and periodic maintenance of the property or its contents, such as furniture, appliances, and the required regular or intermittent maintenance, meaning depositing all rental inputs to the second party's bank account as mentioned in the bank schedule discussed above in the contract
- Services include preparing rental agreements and technical inspection reports for the property
- Upon delivery of the property, the beginning of the contract and an inspection report Another technician when the tenant leaves the property and manages bills, utilities, and government services throughout the contract period (electricity/water/gas/landline phone/home internet/owners association/maintenance) Whether these services are paid monthly, quarterly, semi-monthly, or annually, the value of these consumptions is deducted on the property's revenue account or the tenants' account according to what is specified in the rental contracts with them, depending on the circumstances
- The value of the fees for this service is set at 8% of the total expenses, whether maintenance work, consumptions, or bills
- (e): In the event of selling assets or marketing projects or real estate separately, a marketing commission of 5% of the total value of the sale or sales is calculated for the benefit of the first party and is divided into four payments, each payment being 1.25% during the first year of the contract as recorded in the payment schedule
- Below is this contract, and this percentage includes all marketing expenses, commercial advertisements, marketing commissions, real estate brokerage, and costs for all media outlets
- The second party will not be asked for any additional amounts that may exceed this percentage, and the first party is committed to sending the approved invoices and receipts spent on the marketing process to the second party
- Electronically through the asset management program used by the first party.
Founder/General Manager
COMFORT RELOCATION SERVICES - COMFORT360
07.1991 - Current
- Managed day-to-day business operations, including clients, newcomers' expats, assignees, marketing, and public relations
- Completed certified appraisals reports on residential/administration/vacation properties, supporting property transactions or for legal purposes
- Took photographs of interior and exterior of buildings to properly document features and conditions
- Maintained current understanding of lender requirements and documentation guidelines
- Completed appraisals on pre-set number of properties to meet weekly production goals
- Gathered information on nearby properties to compare and help make value determinations on properties
- Performed appraisals in line with Egyptian Standards for Real Estate Appraisal requirements and EFRA guidelines
- Stayed updated on market trends for local area and similar property types
- Inspected new and existing properties and noted distinctive characteristics
- Monitored social media and online sources for industry trends high quality service/performance
- Managed quality assurance program including on site evaluations, internal audits, and customer surveys
- Developed team communications and information for indoors/outdoors meetings
- Negotiated agreements between assignees/owners to clarify misunderstood directions and resolve conflicts affecting performance
- Performed various administrative functions, including move-in & move-out inspection reports paperwork, delivering standard lease/sale agreements/contracts, sorting database, follow up all office administration work
- Increased customer satisfaction by providing fast service and working with all mover process for customers and link with international mover companies
- Interpreted laws, rulings and regulations for individuals and businesses
- Analyzed probable outcomes of cases using knowledge of legal precedents
- Conducted legal research and conferred with colleagues with subject matter expertise to develop strategies and arguments in preparation for presentation of cases
- Provided legal advice to variety of businesses involved in various.
Residence Visa Advisor/Consultant
COMFORT RELOCATION SERVICE
- Current
- Successfully assisted many clients in obtaining Residence Visas in Egypt through the DSP office
- Provided expert guidance on the program's requirements, investment options, and application process
- Developed and implemented strategic plans tailored to each client's goals, ensuring a high approval rate
- Conducted thorough research on legal and immigration regulations, keeping up to date with program changes
- Collaborated with immigration authorities, legal experts, and real estate professionals to streamline the application process.
Director of Training and Development
WORKSTUDY.SPACE
07.2023 - Current
- Designed, developed, and delivered a comprehensive training curriculum for real estate professionals, covering property management, appraisal, and industry regulations
- Conducted regular training sessions and workshops, enhancing the skills and knowledge of employees and industry peers
- Established partnerships with industry associations and educational institutions to expand the reach and impact of the training program
- Continuously updated training materials to reflect changes in industry standards and regulations.
Education
J.D.: Telecommunications & Electronics -
Helwan Engineering University
Skills
Student Development
undefinedCertification
RICS Professionalism Module
Affiliations
- Egyptian Engineers Union, 1988, Current
- Egyptian Financial Regulatory Authority, 2019, Current
- The Egyptian Association of Real Estate Appraisers, 2021, Current
- RICS - Royal Institution of Chartered Surveyors, 2022, Current, 0823320, Chartered Member - Under Registration/Still Studying
- ASA- [American Society of Appraisers, 2022, Current, C-001377, Under Registration/Still Studying
Accomplishments
- RICS Brand Ambassador 2023
- 6 CARTUS AWARD - Platinum 2014-2020
Timeline
RICS IPMS: All Buildings
12-2023
USPAP Personal Property, Gems & Jewelry, and Machinery & Technical Specialties
10-2023
T.O.T (Training of Trainers)
07-2023
Director of Training and Development
WORKSTUDY.SPACE
07.2023 - Current
MTS (Machinery & Equipment Valuation)
03-2023
T.O.T (Training of Trainers)
03-2023
IFRS (International Financial Reporting Standarads)
11-2022
Certified Real Estate Appraiser, 241, EFRA (Egyptian Financial Regulatory Authority), Certified Real Estate Appraiser # 241 from EFRA (Egyptian Financial Regulatory Authority)
07-2022
Certified Real Estate & MTS Appraiser
COMFORT VALUATION ASSETS
08.2019 - Current
Certified Real Estate Appraiser, 241, EFRA (Egyptian Financial Regulatory Authority), Certified Real Estate Appraiser # 241 from EFRA (Egyptian Financial Regulatory Authority)
07-2019
Vice President of Operations
COMFORT PROPERTY MANAGEMENT
01.2012 - Current
Founder/General Manager
COMFORT RELOCATION SERVICES - COMFORT360
07.1991 - Current
Residence Visa Advisor/Consultant
COMFORT RELOCATION SERVICE
- Current
J.D.: Telecommunications & Electronics -
Helwan Engineering University
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