In the real estate industry, the competition is fierce, and everything moves very fast. Whether it’s residential, commercial, or institutional real estate, this sector has all sorts of needs when it comes to communication. This article tells you about the services that a translation agency can offer its clients in the real estate sector to meet their needs.
What fields does real estate translation encompass?
For a translation agency, real estate is an industry where several areas of expertise intersect. In particular, there’s marketing translation for the promotion of sales, legal translation for the official contracts and documents related to the transactions, and technical translation for the construction plans and specifications, for example.
What types of documents need to be translated in the real estate sector?
Companies in the real estate sector may require the services of a translation agency to translate various types of documents, such as the following:
Property registration forms
Sales contracts
Co-ownership documents
Leases
Market studies
Plans and specifications
Commercial and advertising documents
Administrative documents and internal communications
As you can see, the documents that need to be translated in the real estate sector are quite varied. The translation agency must therefore carefully analyze all the requests to ensure that they are entrusted to translators who have the necessary skills for the type of translation in question.
What are the particularities of real estate translation?
First of all, each real estate agency has its own customs – that is, its own terminology and its own way of describing things. So it’s very important that the translation agency adapts to these customs and takes them into account in all the texts that it translates.
In addition, as we’ve already noted, texts in the real estate industry are often legal in nature. The translation agency must therefore rely on translators who have specialized knowledge in this field. But even for more general texts in the real estate sector, each word must be chosen with care, because there may be legal implications for all parties involved. That’s another reason to do business with a translation agency that understands the realities of the real estate industry!
What about the international market?
Globalization also extends to the real estate sector. More and more foreign investors are interested in the real estate offered on the Canadian market. Indeed, according to the Canada Mortgage and Housing Corporation (CMHC), the number of foreign buyers in the real estate market in the Montréal region jumped 30% in 2017. This internationalization of the market has been accompanied by an increased demand for multilingual translation. A translation agency that offers this service can certainly be an asset for you if you work in this context.
Are you looking for a translation agency that can support you in all your real estate activities, from putting a property on the market to finalizing a sale? If so, SLRR Translation Agency will be happy to assist you!
