Dubai is the crown jewel of the UAE, known for its thriving economy, state-of-the-art property developments, high quality of life and streamlined real estate services. It’s no wonder that 85% of the city’s population is made up of expats seeking to make Dubai their home. If you’re looking to buy, sell or rent a property in Dubai, the right real estate agent is critical for ensuring that your transaction is a smooth and successful one. With this in mind, MyBayut spoke to Myles Bush, CEO of PH Real Estate, who shared his top tips for new Real Estate Brokers Dubai
When deciding on a real estate agency, Myles recommends that you choose an established firm over a start-up. He says that a company that has been around for 5 to 10 years is more likely to be stable and well-established than a brand-new business, which can be riskier. In addition, he suggests that you consider the agency’s marketing budget and whether or not it offers in-house training opportunities.
It is important to familiarize yourself with the real estate laws of Dubai before starting your career. This will help you avoid any potential legal issues, as well as ensure that you are operating legally. For example, you will need to obtain a RERA broker’s card in order to conduct brokerage activities. This can be obtained by passing a real estate course conducted by the Real Estate Regulatory Authority (RERA).
Aside from ensuring that you have the proper licensing and knowledge of local laws, it’s also essential to build a strong network. This can be done by asking clients for referrals and reaching out to other players in the real estate industry, such as mortgage loan officers and appraisers. Having a strong network will also help you maximize your exposure to potential buyers, investors and tenants.
If you’re thinking about becoming a real estate broker in Dubai, it’s important to choose an agency with a good reputation. Look for an agency that has been in business for several years and has a good track record of client satisfaction. In addition, you should consider the agency’s marketing efforts and the types of properties they specialize in selling or leasing.
By following these tips, you can be sure to find the best real estate agents in Dubai for your needs. With a little research, you can find the perfect fit for your needs and begin a successful career in the property market. Be sure to keep checking MyBayut for more expert advice on the Dubai real estate market! You may also be interested in our articles on customer service tips for real estate agents and tips for improving your communication skills. Happy hunting!