We have both No Upfront Fee required and Upfront Fee required selling options: We don't guarantee property sale with the zero upfront option, but we guarantee property sale via the upfront paid option. We do not visit your property in-person and neither do we do any free valuation for your property if you're selling via the no upfront fee option, except for the upfront fee selling options.
WHAT IS A GUARANTEE PROPERTY SALE?
A guaranteed sale is a type of real estate agreement in which we agree to purchase a property from the seller for a specific amount (pre-agreed) if it goes unsold for a certain time period. Also called a guaranteed purchase contract, this type of listing agreement typically represents a significant decrease from the property's original listing price.
This type of contract is a win-win strategy which provides the seller with a valuable guarantee and gives us an edge over competitors (property portfolio gain).
It's important to read the details below before moving forward with a guaranteed sale contract.
BENEFITS
- Provides peace of mind for sellers by giving them a specific deadline by which their property will be sold. This helps them avoid the limbo of searching for a new property while trying to sell their former property. For this type of contract to work well, the seller must agree to the terms of the fair guaranteed purchase agreement.
- If you're looking for another property, you may worry that you'll find the perfect property before your existing house sells, meaning you'll either lose out on your dream home or get stuck paying two mortgages. A guaranteed sales contract can help you solve this issue if you're OK with the home selling for less than market value.
- We will continue to market your property until the guaranteed sale date since it's in our best interest to find a buyer.
HOW IT WORKS
A solutions to help you sell your property quickly, sacrificing some asking price. We will usually sell the house without having to keeping it in our portfolio. Strictly For Sale By Owner (FSBO) - No Agent or Broker or Intermediary.
QUALIFIED PROPERTIES
Residential & Commercial Properties located within: Anywhere in the Greater Accra Region or Koforidua & environs. This property must be litigation-free and/or unencumbered - If used as as a collateral from a BoG-regulated lender, kindly disclose and provide all details to enable us explore the options.
BMV RATES
Typically within 20% and 30% off your Fair Market Value (FMV). So if the appraised value of your property is say GHS1,000,000 (same as open market selling price), we will be legally bound to pay you between GHS700,000 and GHS800,000 if it doesn't sell within the pre-agreed guaranteed sale period.
MAXIMUM PROPERTY PRICE
Only for properties with pre-agreed guaranteed selling price below Fifty Million Ghana Cedis (GHS50 million).
NORMATING MARKETING PERIOD
Different marketing and selling duration for different property price levels:
Less than 90 days for less than GHS5m property price
Less than 180 days for less than GHS10m property price
Less than 365 days (one year) for less than GHS50m property price
RESTRICTIONS
Only available for properties in the Greater Accra Region and Koforidua & environs
APPLICABLE FEES
Our Basic No Upfront Fee Selling obviously comes at no upfront financial commitment until sold. However, upfront fees apply with our Guaranteed Property Sale:
GHS5,000 upfront + 5% of successful sale within 90 days for properties priced less than GHS2m
GHS10,000 upfront + 7% of successful sale within 90 days for properties priced less than GHS5m
GHS20,000 upfront + 7% of successful sale within 180 days for properties priced less than GHS10m
GHS50,000 upfront + 10% of successful sale within 365 days for properties priced less than GHS50m
Loan Against Property (LAP) is interest-free and allows you to access up to 30% of the pre-agreed BMV value 2-4 weeks after initial due diligence completion, before actual sale is completed at pre-agreed duration. Any difference is paid to the seller at the end of the sale process.
You cannot sell your property you have taken an interest-free loan against property, without our knowledge.
OPEN MARKET NOT SELLING
If the property doesn't sell within the pre-agreed duration, we buy it off you. After sale charges does not apply if your property doesn't sell at market rates, but sells via pre-agreed below market value (BMV).
We buy your property if it doesn't sell at the end of the guaranteed sale period, pay you and later either rent it out or sell it via:
All these funding partners are subsidiaries, divisions and units of The DCANS Group Limited (Ghana Property Traders corporate parent). Funds for settling you are almost always invested in other existing asset classes and/or investment vehicles - so we liquidate positions when it's getting closer to the end of your guaranteed sale period, to meet your deadline in time.
We comply with all AML/CTF rules, laws and regulations.
READY FOR GUARANTEED SALE?
Simply complete our online selling forms, and when it gets to the selling option section, you choose Guaranteed Sale.
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