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Sales

Is it Time for a Change?

Are You Thinking of Selling Your Property? Letting go of your property in the Dominican Republic can open doors to new possibilities, allowing you to invest in a better home or simply increase your wealth. We are here to make this process easier for you. Our Commitment: • Guaranteed Sale in 30 Days • Over 20 Years of Experience in the Dominican Market • Access to Key Banking Connections • Detailed Local Market Analysis • Digital Marketing Strategies and Effective Promotions • Personalized Attention and Detailed Follow-up We build strong relationships and work hand in hand with our sellers to highlight their property in the competitive Dominican market. We provide a detailed analysis of the real estate environment, execute digital campaigns and promotions on multiple platforms, and conduct thorough follow-ups throughout the entire sales process to ensure a successful transaction. Trust our experience to sell your property effectively. Contact us today!

WHAT SHOULD I KNOW BEFORE SELLING MY PROPERTY IN THE DOMINICAN REPUBLIC?

Before listing your home for sale, make some important decisions and take the appropriate steps to increase your chances of selling the property quickly and at the best price.

Make these financial decisions before listing the property for sale. Living place.

If you intend to purchase another property with the proceeds from the sale, be sure to include a contingency clause in your offer.
Check your eligibility for financing if you plan to buy another property.
Set a sale price that is both competitive and realistic within the Dominican market.
Understand and agree to the compensation plan if you decide to work with a real estate agent.
Prepare your property meticulously to present it in the best possible condition.
Have high-quality photographs of your property.
Make a list of personal items you plan to sell and those you wish to keep.

WHAT DO I NEED TO KNOW BEFORE YOU SELL MY HOUSE?

It is crucial to understand your motivations for selling, how much money you expect to receive from the sale, how much you will need to settle your mortgage or purchase a new property, and the estimated time the entire process will take. A common mistake among sellers is valuing their property based on the asking prices of neighboring properties that have not yet sold. Your real estate advisor in the Dominican Republic should be able to provide you with comparable sales data from properties that have actually sold in the last 3 to 6 months, thus ensuring an accurate and realistic valuation of your property. Differences Between "Being For Sale" and "Making a Sale" in the Dominican Republic The fundamental distinction between "having a property for sale" and "making a sale" in the Dominican Republic primarily revolves around the sale price. Therefore, it is vital to set the right price from the beginning and continuously review the competition to make price adjustments as necessary.

Differences between To be for sale and manage to sell

The difference between "being for sale" and "managing to sell" lies mainly in the sale price. Therefore, it is essential that the correct price is determined before the property is placed on the market and the competition is constantly analyzed so that the price can be adjusted when necessary.

ERRORS WHEN DETERMINING THE SALE PRICE?

Based on the properties of the neighbors that they have NOT been able to sell.
Try to recover the money invested in the remodeling.
Based on personal financial need
Trying to sell without motivation or need, making it difficult to compete with owners who have a real need to sell.
Start with a high price to “test” the market and lower the price in the future

WHICH ARE THE CLOSING COSTS OF THE SELLER?

Buyers and sellers have closing costs associated with the transaction. Therefore, it is important that before listing the property for sale, you have an estimate of the closing costs and thus determine the amount that you can count on once the closing is complete. transaction

7 strategies to determine the right price

Uses properties that have sold in the last 3 months (up to 6 months if necessary) to determine the average sales price within the community
Analyze available properties in your community to position your property as the #1 option on the market
Remodels are considered value added as long as you do not try to recover the cost
If in doubt, hire the services of a professional appraiser.
Be aggressive with the price, start with a very attractive price to create competition among buyers, and have several offers to negotiate.
The market never allows you to “give away” your unit. If it's way below the actual price, buyers will bid above the list price.