Engel & Völkers Licence Partner Dubai> Tips to Sell Your Property in Dubai Quickly
Urgent selling of a property can be a must for some homeowners. However, it is a highly challenging task, especially for first-time sellers. Here are ways to help yousell your property in Dubai quickly:
Have your property valued.
If you plan to sell your property, the initial step is to invite two or three agents from top agencies in Dubai for an in-person meeting. This way, the agent can evaluate the location, condition, and any upgrades of your property accurately. The agent should also have knowledge and experience working within your community and provide evidence of similar properties recently sold and their selling price. This helps in getting an accurate valuation of your property.
Make your property ready for sale.
Preparing your property for viewings will generally boost the chances of getting offers as soon as your property for sale is listed. Making an effort and investing time in preparing the house will help you sell your home quickly. The longer your home is on the market, the harder it can sell.
Preparing for the sale of your home involves restoring and cleaning to make it presentable and more appealing. Remember that faults can attract lower offers and bargains from buyers, so it is better to pinpoint the repairs needed before listing your property. Examine your home inside and out to confirm no leakages, ventilation problems, or electrical issues.
Property Staging.
The property listing must stand out for landlords wishing to sell their houses more quickly. Home staging is the process of styling a property to attract potential buyers, and this involves making the space more appealing so buyers can visualise themselves living in the property.
Property staging can make your home more welcoming, make rooms look more spacious, and help modernise the space through excellent finishes. A staged home looks clean and well-maintained, making it more enticing for buyers.
Determine a marketing strategy with your agent.
To ensure a quick sale of your property in Dubai, it's essential to have a proper marketing strategy. This means taking professional photos, creating a video, writing compelling property descriptions, and knowing which portals the property will be listed.
Your agent should understand similar property sales well and price your listing accordingly, with a maximum of 5% above market value, to allow for negotiations. Before listing your property online, your agent should have a list of potential buyers who meet your property's requirements and have registered their details.
Work with a good agent.
Selling a property involves paperwork and communication between owner and seller, which is why working with a trusted real estate agent is the best option. The agent should have marketing plans to sell your home faster, including offline and online marketing and posting the property on most-visited portals.
An outstanding real estate agent knows the typical challenges in all real estate transactions. Working with a highly reputable agent and real estate agency will save you time.
Highlight the selling points.
Your listing should emphasise the property's unique selling points. Your agent should highlight the unit's upgrades and specific quality finishes that you think can entice buyers. The ad needs to paint a picture of the house by descriptively elaborating on the home's principal elements and accessibility.
Planning to sell your property but need help figuring out where to start? Do you know how much your property is currently worth? Whether you want to inform yourself about the current market price or if you wish to sell your property for the best price, our experienced real estate experts are happy to assist you with a free and non-binding valuation.
Email us at dubai@engelvoelkers.com or call our hotline at 800 3555.
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As an enthusiast and expert in real estate, particularly in the Dubai market, my extensive knowledge allows me to provide valuable insights into the strategies mentioned in the article "Tips to Sell Your Property in Dubai Quickly" by Engel & Völkers Licence Partner Dubai.
Property Valuation: The recommendation to have your property valued by inviting agents from top agencies aligns with industry best practices. Accurate valuation is crucial, and the article rightly emphasizes the importance of agents assessing location, condition, and upgrades. The mention of the agent's knowledge and experience within the community, along with evidence of recent similar property sales, demonstrates a commitment to precision.
Preparing Your Property for Sale: The article highlights the significance of preparing a property for sale. This involves not only cleaning and restoring but also addressing potential issues before listing. This aligns with the understanding that a well-maintained property attracts better offers. The emphasis on avoiding faults that could lead to lower offers showcases a practical approach to the selling process.
Property Staging: The concept of property staging is crucial in the Dubai real estate market. Making the property more appealing through staging enhances its marketability. The article accurately describes the process of making the space more welcoming, spacious, and modern through excellent finishes. This resonates with the preferences of potential buyers in the competitive Dubai market.
Marketing Strategy: The necessity of a robust marketing strategy is rightly emphasized. Professional photos, videos, compelling descriptions, and strategic listing on popular portals are essential components. The recommendation to price the listing no more than 5% above market value, allowing room for negotiations, reflects a nuanced understanding of market dynamics.
Working with a Real Estate Agent: The article underscores the importance of working with a trusted real estate agent. This aligns with the complexities of property transactions, involving paperwork and communication. The emphasis on a well-rounded marketing plan, encompassing both offline and online channels, is in line with contemporary real estate practices.
Highlighting Selling Points: The article correctly advises highlighting a property's unique selling points. This involves showcasing upgrades and quality finishes that set the property apart. The importance of descriptive elaboration in the advertisem*nt aligns with the goal of helping potential buyers visualize themselves in the space.
In conclusion, the tips provided in the article by Engel & Völkers Licence Partner Dubai are comprehensive and demonstrate a deep understanding of the Dubai real estate market. The emphasis on accurate valuation, property preparation, staging, marketing, working with a trusted agent, and highlighting selling points collectively forms a robust strategy for selling a property quickly in the dynamic Dubai market. If you have any questions or need assistance, feel free to ask.
