Finding the ideal buyer and getting the greatest bargain for your Dubai property can be challenging due to the broad and active real estate market. But, there are a few suggestions that might assist you in selling your property fast. Whether you’re a newbie seller or an expert investor, we’ll look at some of the finest strategies to sell a property in Dubai quickly in this piece.
1 - Get an accurate property valuation
Asking two or three reputable agencies to evaluate your property is the first step after deciding to sell your property. There should always be a physical assessment so the agent can evaluate the property’s location, condition, and any renovations. Also, the agent should be able to demonstrate knowledge of and expertise working in your neighborhood, as well as provide comparable proof of comparable properties that have previously sold and the price they fetched.
2. Select the best agent for you.
Ask the agents how they plan to complete a quick sale while still obtaining the greatest price for you when they visit your property to do the valuation. By their comparative proof and by looking into their web presence, you may determine which agent is the more active. As you will be collaborating closely to sell the property, it is essential that you can trust the agent you are dealing with.
3 - Be ready to sell your property
4 - Have your paperwork ready to avoid delays
To achieve a quick sale, you should clarify with your selected agent what paperwork you’ll need and have them prepared. If you have made any sizable improvements to the property, you must ensure that you have obtained the necessary NOCs (no objection certificates) from the appropriate authorities. They will be necessary for the transaction to be completed, and if they are missing, it may take a very long time. Be sure you have the original title deed in your hands if the property is free and clear of liens; a copy will not be accepted when transferring ownership. The replacement process for the original title deed will take around a month if you have misplaced it.
5 - Decide on a price and marketing plan with your agent.
6 - Be ready for the viewings
7 - Keep in mind that the market is always right.
8 - Think about your offerings
There are a few factors that must be taken into account when an offer is made on the property. The price being given is undoubtedly the most significant factor. Yet the buyer’s buying position comes in second. Are they making cash purchases? If so, do they already have the money or do they have to raise it? Have they already begun the mortgage application process and received pre-approval if they plan to finance their purchase? It’s crucial for you to thoroughly comprehend the buyer’s completion timelines when time is of the essence.
9 - Choose a reputable conveyancing company.
Do you have to sell in a week?
The advice presented above explains the essential actions you should take to position yourself to get the greatest deal, even if you want to close the transaction quickly. But, there are situations when you can find yourself in a situation of necessity and need to sell your property even faster. Given these conditions, even during a difficult market, there will always be cash investors seeking out profitable deals. If you contact the top agencies, they will deal with these types of investors and should be able to predict which buyer will purchase the home at a discount within a short period of time.
We wish you success in selling your home soon and that you are able to do it at the price you desire. Please get in touch with us if you need any more guidance or if you want to list your property with us.