Buying Arab real estate for foreign nationals has become a habit. The number of transactions increases every year. Some choose properties in Ras al Khaimah, Dubai, Abu Dhabi, and other emirates for permanent residence. Others consider real estate a profitable investment. In both cases, there is a question: is it possible to do without a realtor? You also have to pay for his services. Let's see if we need a sales manager or language skills.
Realtor services as a guarantee of transaction security when buying foreign real estate
In the United Arab Emirates, you can only engage in real estate if you have a license. Therefore, realtors annually pass qualification exams and receive a broker's card. It has a unique number reserved for the service provider. You can see this in every realtor's ad, as the Dubai Land Department carefully monitors this. The relationship with the realtor is built on a contractual basis, and DLD enters into this agreement. The form is filled out on the website of the state institution, which guarantees a transparent transaction.
Advantages of buying Arab properties with a broker
These include the following:
• Up-to-date information. The Dubai Land Department requires realtors to document the prices. This ensures that there are no temporary losses and frustrations when advertising does not match reality.
• Tight deadlines. When agreeing on the client's wishes for housing, documentation is carried out under a proven scheme. This ensures that there are no errors in the documents.
The agent is not only interested in making a profit from the transaction. If there are breaches of contractual obligations resulting in damages to the client, he will pay a fine. As well as when conducting business without a license. Therefore, the intermediary is interested in conducting the transaction in such a way as not to become a participant in the trial.
Who pays the commission fees?
The buyer is responsible for this duty. But a lot depends on the situation or the property. The sale of real estate from the developer saves additional costs, as he acts as the seller. In this case, the services of a realtor make sense. He can:
• achieve a profitable payment scheme;
• control all stages of the transaction and property rights of the clients.
Professional assistance in choosing and purchasing apartments, houses, and villas in the UAE
An extensive database is available on https://emirates.estate/. The catalog has offers from developers and local real estate agencies. Specialists are ready to provide you with qualified assistance in choosing a home in any emirate and help you buy it.