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Last modified on 28th April 2023. Dubai Real Estate Blog
It’s known that the procedure of purchasing or selling a house can be challenging for a beginner. From identifying the right property to ensuring the best deal, there are several things to keep in mind. This is why utilizing the assistance of a professional, loyal and trustworthy real estate company in Dubai is so essential.
A real estate company fills the void between buyers and sellers. Whether it be the exchange, management, purchase, or lease of a property, they can guarantee a stress-free and seamless process. But which agency should you go with? here are a few points to remember while choosing the right real estate company in Dubai:
The best way to get the best real estate company is to rely on your network. Ask your friends, colleagues, family members if they’ve had any experience with Dubai real estate company – be sure to get more than one reference or opinion about the same company.
Beyond just asking your network for references, any savvy investor will know that their own research is key. Google is your friend, but be sure to look up multiple sources to find out all information – Facebook community posts on the company’s business page and private groups (search for things like ‘real estate agency Dubai’ and ‘real estate company in Dubai’) are a good way to see what the world at large are saying about different property agencies.
One of the most important factors, whether you are looking for a real estate company in Dubai to help you buy, rent, sell or let a property, is the longevity of the company. Make sure the agency you’re choosing is at least 5 to 10 years old rather than a start-up, ask how long they have been in the market.
Make a note of this and check out the listings later – you want to make sure that they’re skilled and showcase houses in the best possible light, both through their words and their photographs.
Whether you are buying, selling, renting, or letting, choose a Dubai real estate company that works with your price range. For instance, if you are looking to buy a house in the range of AED 700,000 to a million dirhams, you should check to see if the real estate company in Dubai is listing houses in that bracket. A Dubai real estate company that focuses on more expensive properties may not be as knowledgeable about what is available in your budget. Moreover, you are unlikely to get much attention from an agent who mostly deals with 10 million dirham luxury properties.
Finding an expert is important as an agent who specializes in a neighborhood is likely to also be in touch with people looking for a property similar to yours or sellers who haven’t yet listed their home on the market. Make sure if they have bought or sold in your neighborhood.
Once you have chosen a real estate company in Dubai, make sure you are working with an agent whose expertise you trust and whose personality you like. Realtors can be a very big help on the process, all the time they will give you their insights, stories, or expert opinions about the properties available in Dubai. Choosing a property consultant is like you’re doing an interview. Know if the agent is the perfect fit for the job, the one you can put your trust into and has the most experienced when it comes to real estate. Some experts recommend five or more years of experience.
If you are selling your home, get quotes from at least three brokerages to see what comparable homes have sold for and how long they take to sell. Agents are looking at the same data, so the suggested selling price should be close. Pricing a home too high will not get the attention of buyers because they know you are not being realistic. Further, the longer your home sits on the market, the more buyers are going to think there is something wrong with it.
The agent you are working with should keep up with details of the transaction and ensure that the deal closes. That includes issues such as making sure the buyer is preapproved for a mortgage and that all the legal formalities are completed.
The process may seem a bit difficult at first, but with a little bit of research and consideration, you will be able to find a good real estate company, giving you priceless peace of mind.
Driven Properties is one of the best real estate brokers in Dubai that provides a huge number of different services to meet all your needs. The company is not only for renting property in Dubai, Apartments For Rent In Dubai or buying property in Dubai, but also, we help in relocating, selling your house, Short Term Rentals Properties Dubai or even investing in a property.
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