Dominican Property Store

Welcome to Dominican Property store.

2022 is proving just as busy as 2021.  Prices continue to rise across-the-board, and there is no sign of a slow down. Good news you might think for the local agencies, but it's not all been fun-in-the-sun:

We are now experiencing a lack of housing stock, and all the bigger agencies report the same.  It's becoming quite a concern.  At the same time we have seen some disinformation about hundreds of homes being available in the local area.  We decided to research a bit further:

Picture an agent that picks up a really good property, sensibly priced and with plenty of kerb appeal, he puts it on his website and immediately gets lots of interest, and interest brings with it internet "clicks".  The effect of this is that his website moves up the search query index, bringing his business closer to the top therefore more enquiries, more clicks etc. and so forth.  What is the agent likely to do if he sells the property in the first few weeks?  What is his motivation to remove the listing from his site?  Data therefore gets skewed.  Properties that are sold sometimes remain marked as available.  

Now let's consider another problem that we have to face - scraper sites that indiscriminately pull data from sites and then repost it.  These sites can't differentiate between properties that are sold and those still available, and to make things worse many sites (this one included) can deactivate listings entirely but still leave information on their databases. This information gets lifted and then, all of a sudden, properties that were sold 10 years ago pop-up as available.

Lastly, there are the International sites that some agents advertise on.  It can quite often be the case that the agents don't keep these as up-to-date as you might think either.

So what's the outcome of all this?  There is the possibility of confusion for the potential buyer. 

In conclusion we strongly advise those looking for property in the Dominican Republic to make sure that they start their search carefully.   If a site has literally hundreds of properties on it then is that where you should be looking?

And don't forget that agents really should have: A business name, an address, a land-line telephone, a website and you should be able to find them by searching Google for the business name.  If they don't meet this criteria then you're probably not dealing with a professional company and should exercise caution.  

If you've found this site, and you're looking for property in the Dominican Republic you will find plenty of listings covering a broad range of locations and prices.  We also have sites that promote properties at a more local level.  If the North Coast is of particular interest and you know where you want to buy, then please follow these links for Property in Sosua or Property in Cabarete