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Smart Crowd featured on Property Finder’s latest episode with Lynnette Abad

Our CEO Siddiq Farid, sat down with Lynnette Abad, Director of Research and Data for the latest session on Property Finder talks. The discussion focused on how Smart Crowd is changing the landscape for real estate investments making it possible for everyone to build a diversified real estate portfolio.

With low minimum investment amounts starting from AED 20,000, Smart Crowd breaks down a real estate asset into shares enabling investors to get on the property ladder and diversify their portfolio. With a personalized dashboard, investors have full transparency of their investments and its performance. Investors can earn rental income through dividends and build a diversified portfolio.

Watch the full interview to find out how Smart Crowd could be part of your investment portfolio! Special thanks to Property Finder for the coverage.


A new, hassle free way to sell your property

While selling property in Dubai can be a serious headache (check out our previous blog for the rundown on property selling pain points), thankfully, there is now a better way to do so. In addition to providing a regulated platform for crowdfunding property investments, Smart Crowd also provides a reliable, secure and transparent way to sell your property.

Selling your property with Smart Crowd is perhaps the most simple, secure way to sell a property in Dubai. Rather than running around the city to ensure you have all the appropriate paperwork, stamps, forms and sign-offs, sellers with Smart Crowd need only complete our online form, provide the requested documents and leave it to us.

In less than 48 hours, property sellers will receive a notification from Smart Crowd detailing an offer to purchase or declining the property. If an offer is accepted, it will take up to 30 days to secure the funds and close the transaction. While a sale is not 100% guaranteed, our selective criteria, together with a deep understanding of our investors’ appetite, ensures all properties listed on the platform meet key performance indicators. There are no hidden fees or cost to you if a sale is not achieved – what you see is what you get.

Selling your property across the Smart Crowd platform is both secure and transparent. Smart Crowd is the first regulated real estate crowdfunding platform in the MENA region and we follow industry best practices for all of property acquisitions across the platform. Everything is above board and there are never any surprises – through our portal, sellers can see the entire transaction process.

Once your property is on Smart Crowd’s online platform, the listing is available to our pool of active investors who are ready to buy into valuable, profit yielding properties. Smart Crowd has a proven track record of completing property transactions in Dubai. As the property acquisition will be drawing from multiple investors, listing your property with Smart Crowd eliminates the sometimes emotionally volatile process of selling to an individual.

Selling your property is a big decision, but it doesn’t have to be a headache. Selling your property across Smart Crowd’s platform is seamless, transparent and could result in you closing the transaction in a fraction of the time of traditional property sales, with none of the dreaded pain points of navigating red tape! Find out more at https://www.smartcrowd.ae/sell-your-property/ .


Pain Points of Selling Property

Selling your property in Dubai can be a serious challenge. From valuing the property itself, to hunting down the various Ministries and entities needed to legally sell your property, homeowners looking to sell can be in for a massive headache. Selling property is a serious decision that should not be taken lightly. If you are considering selling your property in Dubai, you will need to be prepared for a number of potential pitfalls.

The Agents

Finding a reputable agent should be your first step in selling your property. Unfortunately, while this step may seem simple, there are a lot of agents for hire that may not have your best interests in mind. Agents in Dubai, and for that matter around the world, have their own agendas. For many, their primary goal is to increase their commission as much as possible, no matter the cost to you. For example, they may push you to agree on a lower offer because the buyer’s commission is higher. Further, with a portfolio of properties to juggle, agents may not make your property their first priority or be as proactive as they can to find you an appropriate buyer.

The Regulations

Property buying and selling regulations in Dubai are designed to protect both the buyer and seller, and are an absolutely necessary component of the property market. However, as with all regulations, navigating the regulatory bodies, forms and legalities of selling a property in Dubai can be complex. Missing a form, or forgetting to register can mean huge delays for property sales. Sellers may need to request a liability letter from their bank, a No Objection Certificate (NOC) from the property developer and visit a Dubai Land Department trustee office in order to block the property into the buyer’s name. Once the property is sold, the seller will need to proceed to the DLD again, taking an original passport, the original title deed, clearance letter, and Emirates ID.

The Market

Real estate markets are in constant flux, and like it or not, your property is only worth as much as someone is willing to pay for it. With property prices falling in many areas of the city, it is a buyer’s market, and you may not get as much as you expect when you sell your property. You can hold out for more, but the reality is that every day your property isn’t sold or rented is a cost to you.

The Offers

If you have tried to sell anything – be it a mobile phone or beautiful property – you know that a major pain point is sorting through “interested buyers.” Low-ball offers, scams and time-wasters abound, and you may spend hours trying to identify serious buyers. Sorting through all of these offers could mean that you end up overlooking someone who is ready and willing to buy your property.

Selling property in Dubai, or indeed anywhere, can be a serious hassle. Thankfully, Smart Crowd give property sellers in Dubai another option to offload real estate without all of the red tape and hoops. With a proven track record of selling properties in Dubai, Smart Crowd can take the headache out of selling your real estate. Find out more at https://www.smartcrowd.ae/sell-your-property/.