Sellers need to adopt new strategies to cope with changing trends

During the end of year 2010 and the whole of 2011, a positive change was observed in investors’ mindset, which is revealed later in this article. The Dubai Real Estate market trends are changing and sellers need to amend their selling techniques and propositions accordingly. The change in trend is due to the significant change in economical and political conditions of the whole world. The US, European nations, North Africa and many other countries are going through significant economic instability, which automatically brings political turmoil. This has made investors to turn towards the Dubai real estate market. However, this time investors have different mindset and in order to attract investors, sellers would need to understand the change and its effects.
Cash-ready serious investors
After the property slump in Dubai, foreign investors fled away seeking opportunities in other regions, especially in Europe. Now as the economic instability mounts across Europe, many investors are once again inclined towards the property market of Dubai. According to senior Dubai real estate agents, this year Dubai has witnessed bigger number of investors. Many of these buyers are individuals looking to relocate to a politically stable and peaceful region like Dubai and settle down with their families. The analysts believe these buyers are cash ready, serious and seek quick transactions of quality properties offered ar reasonable prices.
Another factor, which influences the rates of Dubai properties, is the lack of investors’ lack on their banks. It is not an easy task to find haven for investment without having to pay high service fees and deal with poor customer services. For this very reason, investors are considering Dubai properties for investment purposes as the conditions here are much better.
Be ready for quick deals
As stated earlier, the investors are cash ready and prefer quick deals so sellers should also be ready for that with beforehand planning. Remember, planning is the key for selling properties quickly. Often, properties are worn out and not very presentable due to being in use. Before putting property for sale, sellers should renovate their properties by giving it a paint job, lawn mowing, and fixing gardens, garages and sideways. Well-maintained and well-presented properties have higher chances to get potential buyers.
Dubai real estate sector has become a buyers’ friendly market, which means buyers maintain an attitude here and ask for hassle free deals. Most of the expatriates come into town for a week or so and need quick deals. They will move to other landowners if your property needs a month for renovation. If seller have tenant then he should inform the tenant beforehand about the decision to sell the property. If the property is vacant, the seller can make easily all the documents ready for transfer.
Mortgage Free properties
Since buyers need hassle free and quick deals, mortgages are another hassle for buyers, as it needs time to get clearance. Although buyers know the fact that most of the sellers are unable to pay off their mortgages but still they do not want themselves get all tangled up in such situations. Sellers are advised to cooperate fully with buyers in all matters including mortgage. They should get the required information about the procedures and bank clearances. Sellers can also get services of escrow agents to make the whole process fast and hassle free.
Remember, the Dubai real estate market has changed and buyers are not throwing money at any property they find. After thorough considerations, they decide whether or not they want to investment. Therefore to get most out of their investments, sellers should adopt right techniques and hire services of experienced and reputed Dubai Real Estate Agents.