Planning to sell your apartment but don’t really know how to get started with the procedure? Don’t worry. We have listed down a few effective tips that can help you find the right individual to buy your apartment.
But, before we dive in, here is something you need to know. The process involved in the selling of an apartment is a legal one. Therefore, if you are not quite sure on how to go about with the procedure, it will be wise to approach an expert. Now, let’s get started.
Let People Know
Informing just a handful of individuals about your intentions of selling out the apartment won’t really help. Of course, ‘word of mouth’ is a strong way of passing on a specific message. But, this method is now tagged as traditional and orthodox. Why not advertise in newspapers and local magazines? However, a mere headline that says, ‘apartments for sale in Bangalore’ won’t do you any good. You need to list down all the details of the apartment.
How big is your home? How many rooms does it consist of? Are schools and marketplaces nearby? What about the water supply? The buyer would want you to answer all of these questions. Below is an example of an ideal newspaper advertisement.
Apartment for Sale in Bangalore
- 2 BHK with an extended gallery
- Area – 1500 Sq. Ft.
- 2 mins walking distance from station
- Transportation available
- Price: Rs. 60 lacs
- Contact no: 526-458-2161
- Email id: [email protected]
In the above mentioned example, almost all the details of the property are listed. Don’t forget to mention the contact details, as those reading the ad may want to get in touch with you for additional information.
Know the right value
How much does your apartment cost? Are you aware of the exact value of your property? When selling an apartment, it is crucial that you quote the right price. Hoping for a higher price than the actual cost will cause no benefit. Buyers are equally witty and would not want to pay you more than the market rate of the property in question.
It also won’t be wise to lower down the price with a sole intention of finding a buyer. In such a case, you would be the one on the losing end.
Meet the buyer
Once you have found a potential buyer, it is time to call him over to your apartment. He would want to closely inspect every corner of the home. So, make sure the home is kept neat and tidy during the visit. He may ask you a few questions while he is busy checking the surroundings. Don’t hesitate to answer them all. If you think he is satisfied with what he has seen, you are almost done.
Get in touch with an agent
Due to the criticality involved in the procedure, you may want someone by your side to assist you on the way. This is when you need to approach a professional real-estate agent who will offer you the most needed guidance.