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Last Price Property launches no commission real estate

United Arab Emirates: Sunday, April 05 - 2009 @ 10:18

The project is in conjunction with Ozzie Opportunities Real Estate, a company that has been established since 1998.

www.lastpriceproperty.com has been created to assist direct dialogue between buyers and sellers of property. The site enables them to negotiate their own deal without the assistance of a third party agent or middleman. Therefore saving both parties thousands in real estate agency commissions.

The site is focusing primarily on completed properties, particularly those known as “distress sales”. The site encourages sellers to be negotiable with their prices in order for the site to be a success.

The site is extremely user-friendly and allows landlords to upload their properties for an initial minimum fee. The site will reach out to direct buyers, agents, local and international investors more so than a real estate agent due to the competitive property prices and the money saved on agency commission.

Lastpriceproperty.com have created an alliance with Dubai based conveyancing company, Emirates Conveyancing who will aid the buyer with the property transfer, settlement, documentation and registration for a minimal flat fee as apposed to a percentage of the sale price.

Janet Warwick, Managing Director of Ozzie Opportunities Real Estate, said:

“We have cash buyers ready, and we know that property sellers will really welcome the unique opportunity that Lastpriceproperty.com brings to them. Sellers speak to Buyers direct, and we support the sale with good advice, market experience, and partner services to make the entire process as pleasant and profitable as possible. We expect Lastpriceproperty.com to be a huge success and I welcome our members to the service.”

The site is a major breakthrough and was the idea of industry professionals who realized the Dubai real estate market needed a breath of fresh air to help bring back consumer confidence.

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Sunday, April 5- 2009 @ 10:18 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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