Relying on Real Estate Agents – A Wise Choice or Not?
Whether you are buying a property in Dubai for the first time or you are a seasoned investor, there’s always this question in your mind, should I rely on property agents or not? While most people like to believe that the internet has all the information they require to buy a property, this is partially true. The internet, surely, has a wealth of information but you need proper guidance in order to make use of that information. For example, you can find information on the latest waterfront properties or recently launched developments in top communities in Dubai online. Even then you will need expert opinion and guidance on which project to choose from the abundant options at your disposal. This is exactly where a real estate agent can come in handy.
Let’s take a look at some of the reasons why you should rely on them if you are looking for a residential property in Dubai:
A Time-Saving Option
Not everyone has the time to spend hours on the internet finding investment opportunities in the Dubai real estate sector. Likewise, not everyone is this much tech-savvy as well. Taking this responsibility of finding the best residential properties in Dubai on your own can take a long time. Once you have created a list of properties, you will have to talk to their developers to know about the details. This step, too, can take a long time.
By hiring a real estate agent, you wouldn’t have to go through these daunting stages. Of course, you will be required to have a little amount of knowledge of the market, but the real estate agent will do most of the work for you.
Property Listings that Match Your Interest
With the help of a real estate agent, you will have to sort through property listings that match your interest. However, for this, you will have to clearly communicate your requirements and specification to them. This includes location(s) you are interested to buy a home in, the configuration/layout of the property, nearby facilities etc. Based on the information you have provided them with, they will be able to find options that match your interest.
This way, you wouldn’t have to go through hundreds of options to find the best pick. The entire process will become streamlined for you.
Property Listings that Fall in Your Budget Bracket
It can be hard to find a property that suits your requirements and falls in your budget bracket as well. However, a real estate agent can make it possible for you. For this to happen, you should tell them about your upper and lower budget limit. And they will help to present you with options that fall within this budget bracket.
Help with Multiple Viewings
You can’t make a decision, when it comes to buying a property, after visiting a property for just one time. It takes more than one visit to determine if the property is suitable for you or not. Having said that, most people are often reluctant to ask for multiple viewings. A real estate agent can help you in this regard as well. They can use their contacts and allow you to view a property multiple times so that you can make an informed decision.
Help with Paperwork
The process of buying a property doesn’t end after you have selected a property. A host of legal formalities and paperwork need to be done before you could finally call the property your own. Now, the thing with paperwork is that you need to be very precise. A little mistake on your part can lead to delays. This is another process that you can complete smoothly with the help of a professional real estate agent.
Insights on Market Trends
Real estate agents know about market trends. They can share key insights with you that can help you to make an informed decision. For example, if you are looking to buy an off-plan property. They can help you to know about the latest ones that have the highest potential. My real estate agent recommended buying an apartment in Stella Maris Dubai, the last waterfront properties development in Dubai Marina. And this decision has turned out to be quite favourable for me. The project, even though it is not 50% complete, enjoys massive popularity.
To sum it up, relying on a real estate agent offers innumerable benefits. However, make sure the agent is licensed, professional and experienced if you want to avail the maximum benefits.