Real Estate

5 STRATEGIES TO MAKE YOUR OFFER STAND OUT — EVEN IN BIDDING WARS

Are you looking forward to closing the deal on the house of your dreams? The Dubai property market is very wide and has plenty of options for anyone who wants to give it a shot at investing in real estate. Doesn’t matter if it is for apartments for sale in Downtown Dubai or if you’re planning to buy some off plan projects in Dubai by amazing developers, such as Emaar or Meraas, such as Bluewaters apartments here are some tips that will help you make a perfect offer that stands out over others.

  1. ESTABLISH RELATIONSHIPS IN ADVANCE

When you get to know your real estate agents and brokers in advance, it might help a lot in the future. It’s been proven that having the highest offer doesn’t mean that you’re going to win the bidding. You just need the most likable offer and the trust of your agent.

  1. GO HARD, PLAY HARD!

As an investor, you should make strong offers. As already mentioned, it doesn’t matter if yours is the highest of the offers, but small details like submitting a higher earnest money deposit can make you stand out as a serious buyer among all the sellers.

  1. BE READY

As a serious buyer and investor, you should be prepared for everything. Having all of your finances, inspectors, contractors, paperwork, etc. lined up and ready says a lot of an investor. Having the ability to close faster as any other and having shorter inspections will give sellers more confidence in your amazing offer.

  1. HAVE A LARGE ENOUGH PIPELINE

Don’t get stuck on a single property. Falling in love with one or two options isn’t recommended due to the possibility of not winning the bidding.

When you have a lot of options to bid on, you’re giving yourself the chance to walk away without bidding more money and losing your time because you’ll always have another option. And, as a serious buyer, sellers and agents will know you’re a perfect match and probably will have to agree to your terms.

  1. BUY AS-IS

Nobody wants an annoying buyer. When someone starts thinking you’ll give him/her trouble within the process, paperwork and everything that comes with buying a property,  most sellers and agents will walk away, it doesn’t matter if you offer millions of dollars.

You should know that sellers prefer taking less money in exchange for a nice and easy process that will close within a reasonable timeframe.

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