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Sellers Guide

Our Guide will take you through a process in which you learn how your property is marketed effectively and sold to right buyer .

Step 1

Listing your Property

In order to successfully list your property for sale with us, we will need:

 

  • a signed Seller Agency Agreement known as Form A,
  • a copy of your passport

and the following ownership documents:

  • If the property is Under Construction:
    • The first page of your Property Sales Agreement
    • The payment schedule
    • The receipts for the amount that you have paid the developer
    • The floor plan of the property
    • The keys to the property
  • If the property is completed:
    • The Title Deed or the first page of your Property Sales Agreement
    • Owner’s passport copy
    • The Completion Certificate for payments
    • The floor plan of the property
    • The keys to the property
Step 2

Appraisal of Your Property

Once you’ve signed the Agency Agreement (Form A),

we will arrange an appointment to conduct an appraisal of your property. You will be issued with a comparable market analysis of similar properties that are correctly listed in your area, and also properties that have recently been sold to give you an indication of the price you can expect.

Step 3

Marketing Your Property

Seek a market appraisal from our agent’s unique marketing strategy

This information will help determine a likely price range and the method of sale by conducting research through checking the existing market price. Their experience in the local market will also give you advice as to where your property sits in the market.

Step 3

Agreeing To Sell Your Property

Signing of SPA or MOU (Sale and Purchase agreement )

Once you’ve accepted an offer from a prospective buyer, an agreement known as a Memorandum of Understanding (MOU) or Sales & Purchase Agreement (SPA) needs to be signed between both you and the buyer. This agreement highlights the terms and conditions agreed, and the buyer shall pay a deposit of up to 10% of the value of the agreed price, which will be held by SAMS Real Estate  in trust until the transfer date.

Step 4

Transfer of Property

Conveyance Services

Once the MOU/SPA has been signed for the sale of your property, the complex (and at times stressful) process known in Dubai as “Transfer, needs to be conducted in order to transfer the property from your name into the new owner’s name

Step 5

Service Fee

Paid to SAMS Real Estate

2% – 3% for the sale of the property as a brokerage fee

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