4.6 Challenges and Risks While Awtad Real Estate is positioned for success, we recognize that the real estate industry is subject to various challenges and risks that could impact our operations and performance.Despite these challenges and risks, Awtad Real Estate is committed to proactive risk management, strategic planning, and continuous improvement to mitigate potential impacts and capitalize on opportunities for growth and success.Some key challenges and risks we face include: Market Volatility: Fluctuations in the real estate market, including changes in property values, supply and demand dynamics, and economic conditions, can impact transaction volumes and pricing, affecting our revenue and profitability.Regulatory Changes: Changes in government regulations, zoning laws, tax policies, and legal requirements could affect real estate transactions, property development, and investment decisions, requiring us to adapt our strategies and practices accordingly.Legal and Liability Risks: Engaging in real estate transactions involves legal risks, including contractual disputes, regulatory compliance, and liability issues.