Promotional offers to sell land at half price

Promotional offers to sell land at half price
Promotional offers to sell land at half price
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A number of real estate marketers began presenting advertising offers to promote their lands with wholesale offers that included marketing to obtain land at half the price if buying two lands, in addition to offers of discounts of up to 25% on the prices of some lands, and offering cars as gifts with other land, where the offers began Promotional promotions that some considered strange with what observers see as a stagnation in the real estate sector due to price inflation, which coincided with high interest rates, which made many real estate investors tend to sell their lands with promotional offers to liquidate their real estate and invest in sectors witnessing growth amid their fears of low prices. real estate

During the past two days, an advertising poster for the sale and disposal of lands in remote locations was circulated on social media, and in the fast messaging application “WhatsApp”. The marketing ad carried the following phrase: “Buy two lands and get the third land at half the price.”

Real estate agents and real estate brokers told Al-Watan that these strange advertisements are the appropriate means for disposing of land in remote areas, and that advertisement continues when a few plots of land are sold on the site, after which the offer is stopped, indicating that the strange offers target the disposal of 10% of the total Lands in plan and site, and then back in height for other plots.

Gifts for first customers

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Real estate broker Ali Al-Nasser indicates that landowners in remote neighborhoods, remote locations, or services that have not been reached, or new schemes, resort at the beginning of selling plots of land in the scheme by announcing offers, and the offers vary, including selling at low prices, or selling without bearing The buyer is the brokerage commission, or giving in-kind gifts to the first customers, pointing out that among the offers is the sale of plots of land at very low prices to people who are popular in the community, and the rapid start of construction, so that the site of the scheme gains strength in attracting others towards the scheme and buying in it at high prices, explaining that many Real estate developers, at the present time, have turned into real estate developers, and their work is focused on constructing units and residential complexes in the scheme, and selling them as ready-made housing units, and selling the other parts of the scheme as plots of land at high prices.

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Lands with technical and engineering defects

As for the real estate agent Alaa Al-Shehab, he confirms that it is known in the real estate in general, the beginning of selling on the site with very attractive prices and offers, and usually these plots of land offered for sale at attractive prices and offers, have engineering and technical defects and observations, and the uneven lengths in the circumference of the plot of land, or crowding out a piece The land is a public facility, or in the middle of the front of the plot of land are electrical transformers. These plots of land have notes and defects, and it is difficult to offer them for sale in real estate offices at the same prices as land without defects.

He added that many customers at the present time seek the help of specialized experts to find out about the plot of land before proceeding with its purchase and to find out all the details, including conducting accurate soil examinations, and determining the appropriate direction for the building’s façade when building for considerations of sun and wind in different seasons of the year, pointing out that Real estate offices and landowners are forced to put up bizarre marketing ads for the disposal of these plots of land.

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