Business Bay is one of the lively and business-oriented neighborhoods in Dubai. Foreigners come there to witness outstanding architecture, enjoy unique recreational opportunities, and look at stylish real estate. As a rule, most foreign investors prefer to purchase 1 bedroom apartments in Business Bay as the type of property with high liquidity and extreme demand.
Still, buying real estate abroad is not a simple step to perform. The procedure includes many hidden confusions and misunderstandings, especially if you do not speak the language. Such a complication forces potential buyers to contact a real estate agency. For this reason, we have gathered the experts` advice on choosing the right real estate agency in Dubai.
Why is addressing real estate agencies important?
Having decided to buy real estate abroad, the buyer will inevitably be forced to contact the agency because finding the seller himself, in this case, is almost impossible. But the right choice of the one with whom to cooperate depends on the safety and benefit of the future sale or lease transaction. This is especially true in a dynamic city like Dubai and its popular neighborhood, like Business Bay, so local experts were top-4 main tips for choosing a reliable real estate agency.
1. Explore the experience of real estate agents
The first thing you should pay attention to is experience. To trust a real estate agency, you need to study its reputation in the real estate market, find out how many years the company has been in business, and turn to the one that has established itself in the best way. Of course, you have the right to investigate the diploma and honors provided by the agency, but speaking to actual clients is always better. Besides, those who have already addressed the agency may direct a buyer to the most professional specialist.
2. Check the agents `awareness of the current situation in the real estate market
The second important aspect is whether the agency’s specialists know the local real estate market situation and whether the company has all the necessary permits. About Dubai, this criterion is of critical importance because only a relatively good knowledge of the local realities will not help the buyer to make a mistake with the location of his future first or second home and not lose on the price, knowing the introductory price of housing or other real estates typical of the area. As for company registration, in Dubai, registration with the Dubai Real Estate Regulatory Agency (RERA) is a mandatory requirement for any brokerage.
3. Ask which methods of search and technological advances they use in the whole process of a deal
The third aspect is the technological base, using modern technology to promote the company. Pay attention to the design of the company website and the freshness and relevance of the information presented there. In today’s world, high technology is a sure way to success. If the agency does not invest in its development, it may not care about its reputation and income. Compare the prices of real estate options on various websites and the information provided. It should warn you if the prices are too low or too high.
4. The feeling of trust and reliability
The fourth, but no less critical, signs of a noteworthy real estate agent are the set of real estate offers the company has and, finally, your own “sixth sense.” Look at the listings on the website, the number, the variety, and the ability to meet your requirements. One of these houses or apartments could be your future home.
So ask yourself what impression you had after visiting the website. If it is positive, do not hesitate and move on to the next step – personal contact, so the experienced agency staff can dispel all your doubts about buying or renting the object you like. Still, stay confident and rational, ask questions, and get accurate answers.
On the whole
If you are looking for a trusted real estate agency, pay attention to any detail. In case you feel some insecurity or do not get precise answers, abandon the idea of working with these specialists. To get the best experience of communicating with professional agents, contact Ax Capital. The outstanding quality of service and deep knowledge will leave only positive emotions in the process of a deal.
