Daniel Marshel

As economic conditions tighten, people get desperate. Unfortunately, desperation can keep good people from exercising caution and, even worse, can turn already bad people into criminal fraudsters. While Dubai is generally a safe and secure city, people should always practice due diligence when it comes to serious transactions, such as buying or leasing real estate.

Better Homes has been made aware of a number of scams specifically involved fake leasing agreements. Fortunately, there is an easy way to protect yourself from falling victim. Below is a recent story reported by Better Homes Property Management division:

“A member of our Leasing Team was negotiating with a lady interested in multiple units at a building we were managing in Barsha. This building is exclusively leased by us at Better Homes- nobody else can lease out the units. The lady claimed that another leasing company was offering multiple units in this building at a much lower rate than Better Homes was charging. She showed us the ad online.

We called this other company, posing as an interested client, to see what was going on. The man who picked up the phone stated that he was able to offer the units at such a low rate because his client had reserved two floors a while ago but, due to economic conditions, no longer had employees to set up in the units.

After hearing the man’s story, our Leasing Consultant identified herself as a Better Homes agent and the man started to panic. We knew that the story was fraudulent because we’re the exclusive agency for the entire building and two floors had never been rented to anyone. After warning the man that he better stop such fraud he made up excuses such as we dialed the wrong number, he was talking about a different building, etc.

A couple days later, we followed up and called him again posing as a different interested client. Again, the man made up the same story. When we asked to see the original Tenancy Contract, the man said he would obtain it and then never called back. Basically, the man was scamming people into giving him security deposits and agency fees. A victim may unknowingly pay this money only to be told upon moving into the building that nobody has any idea why they’ve arrived.”

Janine Crisp, Head of Property Management, explains, “All it takes to avoid these scams is to ask for a copy of the original sales agreement and title deed. Most clients don’t know this and they are vulnerable to fraud.”

There are three morals to the story:

* Always make sure to check the original title deed and tenancy contract. Feel free to contact RERA to double check anything.

* Always work with a reputable sales or leasing agency, and make sure agents are who they say they are. In some cases fraudsters pretend to work for reputable agencies, so if you’re concerned just call the company and confirm the employment… get the agent’s mobile number from the company and then call that number.

* If a deal sounds too good to be true, it probably is. If you’ve really found a bargain out there, a double check on the credentials won’t derail it, and may save you from significant financial trouble.

News Source: Better Homes News

Better Homes offers Real Estate services. Property to buy sale and rent are available with valuable advice of property professionals. If you want to Find a property or looking for Real Estate for sale or rent contact Better homes.

Dubai is unique in many ways, be it the tourist industry or trade, the ultimate luxury has almost become a synonym of the magnificent emirate- Dubai. Since the 1980’s when Dubai started emerging as a new epicenter of the economic activities the emirates tourist industry considered as the most innovative in the region. Galaxies of hotels in Dubai provide the most relaxing environment to the tourist as well as the businessmen visiting Dubai.

All hotels in Dubai remained occupied round the year because of hectic business activities. There are people who want the ease of home while doing business outside their country. But how is it possible to give someone the comfort of home while he is out. But there is everything possible in this new land of opportunities, with all its glamour and buzz hotel apartments in Dubai provide you homely environment amidst your business trip.

The hotel apartments have all the facilities of a hotel. Either you want a servant or a driver, internet connectivity or the meeting rooms; they all are available to you as easy as you fell home like. It is up to your budget that what sort of facility you need. If you want the luxury of three star hotels in Dubai you can have it. If you desire hotel near Dubai beach or in down town area there are plenty of hotel apartments available. Meaning the luxury and location are up to you whatever you want and can afford is just a phone or mail away from you.

The premium Hotel Apartments in Dubai are at convenient locations and have warm and friendly staff. They are Designed elegantly and furnished with modern amenities, the accommodation units ensures that your stay is as comfortable and enjoyable as possible.

Most of the apartments have a 24-hour coffee shop serving Arabic, Asian and European cuisine for you to feast on. At leisure, relax in the rooftop swimming pool or have a work out in fully-equipped gymnasiums. For the entertainment of kids the hotel apartments features pool tables, video games, and juke box. Most of them also have steam and sauna rooms. So if you are coming Dubai this time tri the hotel apartments and enjoy the ultimate luxury of the life time.

About The Author:

Daniel Marshall is a senior real estate consultant associated with Better Homes, a leading real estate firm in Dubai, UAE. He has more than 25 years of hands on experience of working in Dubai property market and is well aware of the latest trends in real estate for sale in Dubai, UAE. His firm Better Homes offers online Dubai property listings, Dubai hotel apartments and Dubai luxury hotels listings and property investment services. The company provides professional assistance in selling, renting and buying real estate and helps one find a property in Dubai, UAE and across the globe with ease. For more information please visit http://www.bhomes.com

Who?

Who can and who should take the real estate training or course?

Practically anyone who wants to make a career in the property industry can choose to go for the training. If one feels that they can carve their niche in the property sector and have what it takes to excel in the profession, a good real estate course will be of crucial importance. Amid the current financial recession when all industries appear to be toppling, property industry is still somewhat stable. Although there is an evident slowdown in the industry, yet it is growing. So the requirement for real estate professionals has not eroded and every property company needs a property professional. Today, when career opportunities in other professions show a great deal of saturation, the potential of real estate industry is slowly dawning upon people who are now taking up real estate training courses to enter this vast field of opportunities.

What?

What are the real estate training courses about?

Real estate of course! Every country of the world has its set real estate laws and ordinances. These laws may vary largely from country to country, and also from city to city within in a country. This is one reason why it is important for a real estate professional to not only become aware of, but also have a deep insight into his region’s property laws and regulations. The real estate training courses consist of a series of classes or lectures which cover anything and everything about real estate in your region. The courses are designed, handled and delivered by the area’s real estate experts with vast experience of the local property market. The most common things covered in the property training are the property laws governing your area’s real estate industry, your responsibilities as a real estate agent, and the types of real estate present in your zone of operation. The courses are also designed to hone your buying and selling skills as a property agent.

Where?

Where are the real estate training courses available?

Probably not far from you. These courses are gaining popularity around the world and many established property companies and agencies have taken this initiative. Not only established real estate companies, but also experienced property professionals have started educating people about the property business and its ethics with a special focus on the latest real estate trends of their own region’s property industry. So it’s very probable that after a brief search, you’ll be able to find a property company, agency or individual offering this course near your house or somewhere else in your city. And if you don’t, there are numerous real estate training courses available online in which anyone can enroll with ease. All it takes is a little online search and you’ll come across innumerable options. Most people consider online course more convenient than the classroom study as you can study at your convenience without having to rush for taking classes. It saves you the time and hassle of the traditional classroom study. Many online universities and institutions have even started bachelor and master degree programs in real estate development and management.

When?

When can you enroll for the course?

How long does it take to complete? It depends on various factors. Your choice between online and classroom study, the mode of training, and the trainer’s discretion, all these factors come into play. The best way to find an answer to this question is to visit the trainer in person if it’s an offline (classroom) course, or to visit the website of the trainer if it’s an online course. The websites of educational institutions bear all the details of the courses they offer including the course objective, outline, duration, and choice. One trainer may offer more than one property training course at a time designed for different individuals as per their requirements, suitability and market exposure.

Why?

Why should you take this course?

Well, we’ve already discussed it in the 1st answer. One definite answer to this question is that the property market is still booming when the other industries appear to be falling down in the current financial recession. As the industry is expanding, there’s more and more room for real estate professionals in it. Taking a real estate training course can help you make a career in this booming sector and excel professionally.

About The Author:

Daniel Marshall is a senior real estate consultant associated with Better Homes, a leading real estate firm in Dubai, UAE. He has more than 25 years of hands on experience of working in Dubai property market and is well aware of the latest trends in real estate for sale in Dubai, UAE. His firm Better Homes offers online Dubai property listings, property management and property investment services. The company provides professional assistance in selling, renting and buying real estate and helps one find a property in Dubai, UAE and across the globe with ease. For more information please visit http://www.bhomes.com

The fear and hesitation that surrounded investment in overseas real estate till the recent past seem to be evaporating with sufficient confidence building measures by the world’s major property markets. Governments are becoming more accommodating towards international property investors and are making property ownership possible for them. Even the countries with the strictest property laws are having second thoughts and seem prepared to let the foreign investment pour in. Many of the world’s leading real estate markets have even launched mega projects dedicated for investment from overseas buyers.

Not very long ago, any type of real estate transaction be it buying, selling or renting, was a tedious and tiring task involving physical presence and lot of paper work. Thanks to today’s technology, most part of the labour involved in property ownership process has been removed. International property buyers can now search for their desired property through internet and even pay a virtual visit to the property right from the comfort of their home. There are hundreds of real estate websites available on the internet whose property listings are regularly updated. All the buyer needs to do is simply browse the relevant property listings and the right property is just a few clicks away.

Overseas Investment property gives the owner a double edged opportunity for profit making. After buying the property remotely, the owner can rent it out and enjoy handsome regular income while staying home. On the other hand, the value of property also keeps rising at the same time and its resale after a short holding period can bring very attractive profits to the owner. And more interestingly, a residential property can serve a great second home away from home for the investor. Overseas property investors are well aware of these lucrative benefits of investing in international real estate and for them; high rental yields and rapid capital appreciation are two of the most attractive features of this type of investment.

UAE, especially Dubai, ranks first among the most favorite global investment locations. Other major property investment hubs of the world include Brazil, Dominican Republic, Egypt, India, Italy, Morocco, Panama and Turkey. Property investment, whether it is residential or commercial, in any of the said locations can bring the investor multiple income-generating opportunities which are way better than any other investment. Even an old and shabby property purchased at low price can be resold at amazing rates after a bit of refurbishing.