Better Homes News
The Evolution of Property Online
It’s understood in Dubai that if you’re looking for property, your search should start at bhomes.com. This website has become the go-to real estate resource for its massive database of listings, its advanced search features, and above all its unparalleled images, floorplans, maps, and unit information. Well, now there are two additional reasons to get online, with the new “Make an Offer” and “My Account” features.
Make an Offer
It’s understood in Dubai that if you’re looking for property, your search should start at bhomes.com. This website has become the go-to real estate resource for its massive database of listings, its advanced search features, and above all its unparalleled images, floorplans, maps, and unit information. Well, now there are two additional reasons to get online, with the new “Make an Offer” and “My Account” features. While a simple concept, this feature allows for more efficient “price discovery” in the property market; it lets owners know what buyers are willing to immediately pay for their property. In the current economic climate, it can be very tempting for owners to be presented with a real price at which to sell.
There are three goals with the Make an Offer feature:
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Help bring price clarity to the market
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Provide buyers the unprecedented ability to “set the first price
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Assist landlords who may be in need of a quick sale to find a willing buyer
This system is a unique way for buyers and sellers to find each other in the current market environment. To take advantage of it, just visit bhomes.com and click the Make an Offer button on any property unit page.
My Account
The “My Account” feature is the latest and greatest method for keeping track of your property searches and favourite properties.
After signing up for an account (free and easy, of course), you’re able to save any search you make on the website. After you save a search, you just click that search in the future and up-to-date search results will appear. You’ll now always be aware of the prices of 3-bed duplexes in Downtown or how many beautiful Le Reve penthouses are on the market.
In addition to saving your advanced search criteria, you can also save specific properties to your account. Worried about how long the 3,000 sq. ft. 2-bed will stay on the market at AED 150,000? Want to keep track of prices and availability of properties in your own tower? Never want to lose sight of the 114th storey full-floor Burj Dubai office that keeps you inspired? Now you can do all these things and much more.
Over the coming months there will be numerous features added to My Account, giving you further connection to the UAE property market. New features are arriving soon, so check back often.
To sign up for your own account, just visit bhomes.com and click on the link in the upper-right corner of the window. Sign-up is free and takes just 2 minutes. Enjoy!
The Buyer’s Market
Dubai is going through a period of reorganization, which has caused difficulties for some and opportunities for others. In the property market, for example, those looking to buy are increasingly finding themselves able to negotiate for better prices. Where previously buyers had struggled to find available units, they now have the upper hand.
What does this mean for you? Well, if you’re looking to sell you’ll probably be disappointed by the realistic price you could obtain, and for this reason many landlords are wisely choosing to ride out the storm, seeking more secure returns by leasing their property for strong returns (either on a short-term or long-term basis).
If you’re a buyer on the other hand, this is a very exciting time to be looking at property. Given the difficult financial landscape, many owners have to sell properties significantly below similarly priced units in order to cover their expenses or investments elsewhere. For this reason, buyers can get some incredible deals if they know where to look.
Fortunately for buyers, finding the best deals in the market is now easy. Better Homes is helping you find top values in UAE real estate with its “Best Deals” campaign. Through print ads and the website, Better Homes will be regularly showcasing those properties which, according to internal and external price indices, are the best picks for investors and value-conscious home owners. The value is often substantial, so keep an eye out for your perfect opportunity.
Click here to start your property search at bhomes.com
