Despite changing times and rapid growing technology, it is not an easy task to invest in property or buy your dream home in India even today. Lack of transparency in the real estate sector, legal complications, and market volatility still faces a variety of difficulties to the common buyer or seller.
Especially when a person wants to make profits by selling his property, this process proves very long and tedious at times. To get the right price of the property, you may have to wait for months, and in the end the price is not available which was expected.
In such a situation, if you have invested in property and now want to get better returns by selling it, then it is important to take care of some very important things. Let us know the 5 important things with which you can sell your property easily and also earn good profit.
Planning to Sell Property? Follow These 5 Rules for Big Returns!
Selling a assets is a good sized choice—whether it’s your lifelong domestic, an inherited asset, or an funding. While locating the right customer is crucial, getting the most return on your private home ought to be the remaining goal. But how do you make certain that your private home sells faster, smarter, and at a higher charge?
The fact is, successful property promoting is both an art and a approach. It requires extra than simply list the property and ready. From timing to presentation, small info can make a massive difference within the selling price. Here are 5 golden regulations every home owner have to comply with to promote their property for the high-quality value.
1: It Is Very Important to Fix the Right Price
Many times it happens that despite good location and facilities, your property does not get buyers. The biggest reason for this is - wrong pricing. If you have kept a higher price than the market rate, the buyers will hesitate.
On the other hand, if a low price is kept, then you may have to suffer losses. In such a situation, the best way is to study the prices of the recently sold properties in your area and decide the fair price after consulting a real estate specialist. Remember, the right price is the basis of your returns.
2: Keep Documents Fully Ready
Its legal documents are the most important in the sale of property. If you have all the necessary papers and do not have any dispute or error, then your property can be sold at a quick and good prices. You must have the following documents:
- Original cell deed
- Allotment letter and possession letter received from Development Authority (if applied)
- If you bought a property by taking a loan, the No Dues Certificate issued by the bank
- If the property was mortgaged in any way, the documents related to it should also be clean and updated.
3: Make Access to Buyers Strong
In today's digital age, it has become very easy to access more and more buyers, but still many people are not able to take full advantage of this opportunity. You can take help of local real estate agents for the sale of your property, who know the market of your area better.
Apart from this, list your property on many online realty portals like Magicbricks, 99acres, Housing.com etc. These platforms offer listing at free or minor fees and make your access to thousands of potential buyers.
4: Make Property Attractive
First Impression is the last impression" - This is also fully applicable to the sale of property. If your property does not look good at first glance, then there can be a negative perception in the minds of buyers. So before selling, do a mini renovation of the property:
- Get the paint of the walls fixed
- Remove problems like damp or leakage
- Change broken taps, tiles or doors
- Give a slight modern look to the kitchen and bathroom
- These small changes automatically increase the price of your property in the market and buyers get good feeling.
5: Set Up All Dues
It is very important to pay all pending bills and tax related to it before selling the property. This includes:
- Property tax
- Electricity and water bills
- Society maintenance fees
- If the NOC of the society is necessary, then also get it in advance
- This gives the buyer confident that the property is free from controversies and he can buy it without any bottleneck.
Property sales are a sensitive and strategic process. If you take some care, keep the document right, show understanding in fixing the price and make the property attractive to the buyers, then not only your property will be sold easily but you will also be able to earn excellent returns.
Final Thoughts
Selling your private home for a excessive go back isn’t pretty much luck—it’s about making plans, training, and strategic execution. By following these 5 policies—best timing, right pricing, excellent presentation, clever marketing, and right documentation—you appreciably increase your probabilities of attracting serious customers and securing the excellent deal.
Remember: A property properly-prepared is a property 1/2-sold. So if you're planning to sell your property or funding assets, now is the time to act smart. Get expert help, plan your movements cautiously, and gift your own home like a pro. Your dream offer may simply be a viewing away!
