How does WeProperties work for Corporate Sellers/Real Estate Brokerage Firms?
WeProperties simplifies property sales by pooling funds from multiple investors to ensure a quick and complete payment for your property. The process involves the following steps:
- Create a Seller Account: Register as a seller, whether as an individual or a corporate entity. For verification, corporate sellers must upload relevant documentation, such as a trade license and tax certificates. For real estate brokerage firms, additional documents need to be signed for using the WeProperties platform.
- Assign a Listing Agent: Real estate brokerage firms can assign employees to manage their listings and Seller Accounts.
- Property Listing Creation: Submit your property details, upload required documents, and ensure the listing meets WeProperties' specifications, including photos and legal documents.
- Listing Review: WeProperties reviews the property details, coordinates with you to complete any missing information, and signs the necessary agreements.
- Fundraising: Investors contribute funds toward acquiring your property through the platform.
- Legal Entity Formation: WeProperties works with the Dubai International Financial Centre (DIFC) to incorporate a Special Purpose Vehicle (SPV) and register the property legally for new owners, regulated by the DFSA.
- Property Transfer and Payment: Once the property is fully funded, WeProperties coordinates the transfer process and ensures timely payment to the seller.
This structured process ensures regulatory compliance, transparency, and a smooth transaction experience.
Can't find what you're looking for?
Drop us a message and our team will reach out to you.