Wednesday, 29 March, 2023

The Cool Reference Guide

How to sell your property right

Buildings aerial view

Selling any property has significantly become easier these days. You can either sell it by yourself by putting it up on any trending website that can give you good profits and genuine buyers. So here is a list of what’s need to look out while you are about to sell off your property all by yourself, without any agent-

  • Make your property sellable
  • Set a price
  • Write an attractive description
  • Click some best pictures
  • List the property
  • Arranging to view
  • Negotiating the price
  • Accepting the offer
  • Instruct a solicitor
  • Deal with renegotiations

Let’s look into each of those points in detail-

Make your property sellable: If you’re going to do it all by yourself, it makes the process as easy as possible. It’s quite important for one to make their property sellable. It’s necessary for you to make sure your rooms, bathroom, the kitchen is in good condition as the buyer would think twice before buying the property if they’re all cluttered and in bad shape. This is of utmost importance, especially in the case where the property is meant to be a venue for hiring purposes. They would be crucial in selecting the property as it needs to be appealing and well equipped to be put up for hire. You need to put in a good amount of effort before you even think of selling your property.

Human hand

Set a price:  Now that you have made up your mind to sell your property and your house looking at its best, it’s time to set a price. Here you may seek an agent’s help or any family members to know the value of the area and all of that. That also doesn’t mean that you can’t do it alone, it’s only that it’s better to seek advice than regret later. Do your own research if needed and you think you are better off alone, seek out any website’s help. Websites can give you an idea about what’s the approximate price for that area and then you can set your price accordingly if you feel you deserve more.

Write an attractive description: You have set a price and you’re ready to show your buyers how great your property. First, to entice your buyers’ you need to write a few lines about your property, this helps you to put your buyers’ in a great mindset. Make sure you keep your information concise but also very informative, don’t get tempted and write all about how great your property is. Leave that to when they come to view it.

Click some best pictures: Click the finest pictures possible of your property because as the quotes goes “The first impression is the last impression”. Photos become pointless if they do no justice to the property.

List the property: As you have decided to go all by yourself without an agent, you will have to take care of everything from advertising to viewing, all yourself. It’s good if you know anyone who’d be interested to buy your property. Get social media into the picture and post about your property as it helps it reach the audience & be of good help if your friends and family share it. This could work best when the property is meant to be a venue to host corporate events.

Negotiating the price- Make up your mind for negotiations and do not get intimidated by them. If you are about to turn down the offer then do it in a friendly manner. Keeping the communication friendly means the buyer may feel comfortable and might increase his price.

Accepting the offer- When you’re ready to accept an offer then do it verbally first and then via some e-mails or posts. Always remember nothing is legally binding until the exchange of contracts.

Instruct a solicitor- Once you have accepted the offer then you’ll need a solicitor to sort out all the legal work. Do your research and find the best one.

Deal with renegotiations- Sometimes the buyers’ may feel that a price is too high or might have changed their minds so it’s necessary to deal with renegotiations before the legal work proceeds. After all these legal proceedings are done then you are ready to hand over your house to the buyer. Make sure you have checked all of those papers before letting it go.