The latest National Association of Realtors Profile of Home Buyers and Sellers showed a growing trend among recent buyers.
The latest figures show that 89 percent of buyers purchased their home with the help of a real estate or broker. This is a sharp increase from a decade ago in 2001, when only 69 percent of buyers enlisted the help of an agent or broker.
Do the same statics apply here in the Dominican Republic? Common sense suggests yes. Why do buyers in the DR choose to work with a select group of agents? Let’s look at just a few of the many reasons why these agents can be your biggest ally.
First, there are a small percentage of agents in the Dominican Republic who are certified professionals, which means they had completed coursework and passed an exam in order to become a certified agent. They have the education to help you navigate through what will be one of the biggest purchases of your life.
Juan Dolio Real Estate has access to a full range of properties in Juan Dolio and can recommend brokers in Santo Domingo and other areas who can guide you to properties that are the best fit for you. This will save you time and energy. If you are unsure what type of property you’re interest in, these agents can help explain the pros and cons of things such as beach condo life versus single-family or golf country club living.
Where are the best locations? Which areas are more secure and walk able or have access to a good school? These are all issues an agent deals with daily.
They can also ease the burden of buying by simplifying the process. They set up showings, drive you around the area, and help you handle the intricacies of negotiations.
The DR market also presents challenges that continue to dominate the market. Buyers are faced with some great deals, but through some complicated channels, such as unclear titles, owners living in other countries and language issues. How does one handle these sort of contracts? Your Juan Dolio Real Estate Agent will know.
Finally, buyers are unsure if now is really a good time to buy. They need to rely on someone with local market knowledge. Is this a good community to invest in? Are prices still dropping in this community? How long do homes take to sell? Are the prices listed inflated by an agent or valued by actual selling prices? Buyers want the best deal out there.
If you are considering buying a home this year, be sure to strongly consider using a qualified real estate agent. They could be your biggest ally.
For more information about property in the Dominican Republic contact Juan Dolio Real Estate at 809 526-0988 email info@juandoliorealestate.com.