When listing a property, a landlord is entering into a partnership. As a high-stakes decision, obtaining trustworthy advice from a specialist broker is essential.
The Government of Dubai’s Lands Department and Real Estate Regulatory Authority (RERA) has made verifying credentials to avoid real estate scams easier, enhancing due diligence and ease of doing business.
Accessing these free, online services provides prompt verification of broker licences and other information pertinent to property transactions. Checking credentials is an important early step.
The UAE’s positive investment profile and strong ROI have resulted in a market serviced by a high number of brokers. Unfortunately, some seek ‘a piece of the action’ and quick profits, not a partnership.
Identifying the right agency to list with requires more than verified credentials.
Personal referrals can help. However, market segment expertise should match a landlord’s needs and property type. Therefore, no matter how strong a recommendation, inquire into specifics of broker experience.
Unlike some real estate businesses operating on a fast-cash driven business model, Luxury Escapes has been a Dubai market specialist for over 20 years.
Experience from seeing Dubai grow, and pass through downturn to boom, provides a source of trust landlords and investors rely upon.
Client-centred, Luxury Escapes brokers build transparent, long-lasting relationships. Some team members have been with the company since its inception while a notable portion of Luxury Escapes brokers have over 15 years’ experience in this market.
Every broker deepens familiarity with the Dubai market by working first with rentals. Consequently, sales brokers understand processes and solutions different Luxury Escapes business units can provide landlords.
In stark contrast to an approach where new recruits with varied market experience receive a phone, a database and are expected to start closing deals, maturity in the Luxury Escapes brokerage team produces robust advice and tailored solutions.
When deciding who to list with, examine the type and quality of broker listings. Inquire into processes, fees, and financial transactions, plus inclusions in services provided.
Luxury Escapes invests time into understanding landlord needs. Advice provided considers individual circumstances and property type with a market appraisal, to confirm correct pricing, completed before listing.
Listing a property online is not enough.
Luxury Escapes employs photographers who capture professional images for marketing through relevant portals.
Brokers use a range of tools to ensure listings appear on the first pages while a support team works in the background with a network of vetted reliable providers.
Luxury Escapes nurtures long-term relationships with investors. Brokers can therefore also bring properties the direct attention of prospective buyers.
Transparency builds trust in relationships. An exceptional specialist broker contextualises information about the state of the market by drawing on a depth of experience. Luxury Escapes provides landlords with weekly updates including leads, viewings, and offers.
What signals more time and effort invested into finding the right broker is needed? Lacks in communications, difficulties getting straightforward answers, pressure to list or accept an offer and an absence of transparency about services and fees are clear signals.
Once a landlord identifies a relationship focussed, responsive and experienced broker who shows understanding of their unique needs, that is the right agency to list and partner with.
