Step by step Selling Guide

 
  • Property appraisal. Your aim should be to sell your property at the best possible price in the shortest possible time. Our expert agents come accross hundreds of properties every month, giving us intimate and unparalleled knowledge of property values in your area. This is why we consistently achieve the asking price across all our clients' properties
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  • Selecting an agent. Selling a home can be a grueling experience - and a good real estate agent can make the whole process a lot easier. When choosing an estate agent, consider their working hours, when they will be available to conduct viewings, their market presence and what kind of marketing your property will receive. These are critical to obtaining the maximum exposure and price for your property.
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  • Signing agreement with the agent. As per RERA regulations, you as an owner will be required to sign an agency agreement with us where we can then discuss what kind of price you are looking for your property and how quickly you want to sell amongst other things.
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  • Presenting your property. First impressions count, making the presentation of your property critical to a successful sale. Consider addressing any DIY jobs you have been meaning to get done, add a fresh coat of paint where necessary and try to declutter to make rooms appear larger. Our agent will then take photographs and write comprehensive property descriptions, all in just one visit.
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  • Marketing your property. To find your perfect buyer you need to give your property maximum exposure across a wide range of media. When you instruct us to sell your property you will automatically benefit from our unrivalled, comprehensive marketing package, including: exposure on our website, full colour property details, inclusion in print media, email and SMS alerts and PR.
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  • Accompanied viewings. Our flexible hours are essential to maximise viewing opportunities for your property - in fact most of our viewings are carried out after work and at weekends. Accompanied viewings also mean we can use our expertise to help sell your property.
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  • Receiving an offer. As soon as an offer is received we will notify you both verbally and in writing. Any special conditions of the offer will also be stated in writing and we will check the buyer's ability to proceed before you decide whether to accept the offer.
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  • Offer agreed. Once you accept and you wish to proceed, we will prepare a draft agreement to sale as per RERA regulations.
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  • Signing of agreement. You can appoint a solicitor to act on your behalf even though it is not a legal requirement. You can show draft agreement to sale to your solicitors. Once all the parties agree, we sign the agreement to sell and we receive a deposit from the buyer to be kept in our escrow.
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  • Transfer. Final stage in selling process is transfer of title deed from seller to the buyer. This happens in Dubai Land department. Your agent will inform you about the transfer fees to be payable at Dubai Lands Department.
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Congratulations, you are now the legal owner of your property.

    FAQ's

     
  • 1. How much will it cost to sell my property?
    The costs involved in selling your property consist of:
    • Estate agent commission. Commission fees become payable once your estate agent sells your property and contracts are signed. This is charged as a percentage of the sale price.
    • Transfer fees. Sellers share of transfer fees is payable in Dubai Land Department. Currently sellers have to pay 1% of the selling price. Please check with your agent for any changes.
    • Legal fees if you appoint a solicitor for the conveyancing process. These vary depending on the solicitor you choose.
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  • 2. Are there any additional marketing costs?
    Your estate agent should include all marketing expenses within their commission fee but it is worth checking this before you instruct an estate agent, as some may charge an additional fee for advertising etc.
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  • 3. Where are my Title Deeds?
    Your Title Deeds are proof of ownership of your property. They will be held by your bank if you have a mortgage.
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  • 4. Do I need to redecorate before I put my property on the market?
    It is not essential to redecorate your property before placing it on the market, however, if an area is in need of a lick of paint this will appeal to potential buyers.
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  • 5. Who will conduct viewings on my property and when will they occur?
    Your estate agent should accompany all viewings during their opening hours. However, in some circumstances they may ask you to conduct the occasional viewing. It is advisable to choose an estate agent who offers flexible opening hours to maximise viewing potential and minimise the number of viewings you have to conduct yourself.
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  • 6. Do I need to be present for viewings?
    If your estate agent is accompanying all viewings and they have the access codes and keys for your property your presence is not required. Our agent accompany all viewings.
    It is worth noting that buyers often feel more relaxed when the owner is not present.
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    7. If I accept an offer will my property still be viewed?
    This depends on the conditions of the offer and what your preferences are.
     
  • 8. When do I have to move out?
    On the transfer date or the date which is mutually agreed by yourself and the buyer.