Why You Should Buy a Property For Sale on Dominican Properties For Sale By Owner
If you are seriously looking to purchase a property in the Dominican Republic we believe this website offers you the best options and selection.
Here you are in direct contact with the owner. No Agents involved to bother you with all their other property listings. You are able to speak to the owner who is selling and find out all you want to know about the property easily and quickly.
As there is no Agents commission involved you are far more likely to be able to negotiate a price that is a “true market value”. You can easily compare prices with similar properties being advertised by Real Estate Agents on their websites to see how the property you may be interested in compares.
Don’t overlook the fact that although it is the seller who pays the Agents commission it does have a direct bearing on the value of any property you acquire. The true value is the price net of any commission not what you may have paid!
Vendors who are keen to sell are more likely to be open to a direct negotiation than an Estate Agent. A lower price to an Agent means less commission so an offer may not be passed on to the seller, or the seller advised not to accept an offer to drive up the price and the amount of commission.
Here are a few other questions you may be wondering about:
Q & A
Not really. Unlike the USA, and some other countries, in the Dominican Republic you do not have to possess any qualifications to call yourself a Real Estate Agent. Anyone can be an Agent. Some do not even have an office. So you have no idea who you are dealing with and whether they are competent.
Only the owner. Unlike giving your details to an Estate Agent you are not signing up to a mailing list.
You should arrange this with the owner who can recommend the nearest airport to their property and may well be able to suggest a hotel or other accommodation nearby.
Yes, yes, and YES! You must employ a local qualified and reputable solicitor in the country to carry out all the required searches to confirm Title to the property before entering into any form of contract. This is no different from purchasing via an Estate Agent.
Property information and photos on this site have been provided by the owner in the same manner as they would have been to an Estate Agent. For this reason, you or a representative on your behalf, should visit the property and undertake the normal inquiries to ensure that the details are accurate.
No. Contacting the owner does not involve any obligation. If you decide you want to purchase you should take legal advice before entering into any form of contract.
Yes of course. You can contact the owners of any properties you might be interested in purchasing. We do hope that you would only contact an owner if you are seriously interested in their property.
