The real estate market The past few years have been slow. Due to high inventory, sales have dropped and prices are dropping. It is hard to sell a house when this happens. But what if the house was bought as an investment and you cannot wait to get your child educated? Don’t worry. We will show you how to get the most for your home, quickly and at the best price.
It should be priced correctly
It is essential that you correctly price your property. Buyers are attracted to the property’s price. A higher price will attract more buyers.
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The Right Price
Many property websites, such as makaan.com or 99acres.com provide information about specific areas, including price data. Local brokers are also available as they can provide information about the area’s price trends.
Do Repairs
First impressions are important. A fresh coat will increase the property’s worth. You can make minor repairs such as fixing broken windows or leaking faucets. You want your house to look clean, tidy, and spacious. Jain from commonfloor.com suggests that you seek professional assistance if necessary.
He says that home staging with professional help is the best way for you to stand out in slow markets. Home staging involves preparing your home for sale. It includes cleaning, repairs, and adding furniture.
How to choose a broker
This is one of the most important aspects. Hire a broker if you don’t have the time, or don’t want to show your house to everyone. You will save time, effort, money and your energy. You can also rely on the broker to help with paperwork and negotiations. Make sure to check his background thoroughly. Before you sign any agreement, confirm his reputation and inquire about the fees he will charge.
Advertise Effectively
Spread the word to your friends and family. Use social media. Perhaps you’ll be lucky enough and find a buyer in the network of others. Advertising via online portals is also a popular option, as most potential buyers do their basic research online.
Paper Work
Keep all paperwork related to the sale and transfer of property handy. This will make the transaction go faster. Other than the sale documents, it is important to keep all proof of previous purchases, property tax receipts, and any major installations. The payment method should be agreed upon by both parties.
