How long
should your listing last?
When
you list your property with the Offer System, it is listed for 30 days. When you list your property with the Auction System, you'll have a choice between a 7 day or
14 day listing.
Some things
to consider when choosing your duration for the Auction System:
- Many
buyers watch properties for a while and think about them before
placing a bid, so a longer duration may be to your advantage.
- If
you are looking to sell a property very quickly, you may choose
a shorter duration. For example, you may find that you are very
close to the next payment for a property and do not wish to
make this payment. Setting a shorter duration would ensure that
the listing ends in time for the property transfer to take place
before payment is due. This should be combined with a competitive
starting price and reserve
price. It is also strongly recommended to include a competitive
Buy Now price to maximize your chances
of selling the property.
- Also
at certain times, there is an immense demand for specific properties
in Dubai. At such times, you may find that a shorter listing
duration is sufficient for you to reach your target sale price.
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