Dev Singhraha
Relocation Expert
With the advent of RERA and Government focusing on the present real estate market, it seems that the market is becoming organised and coming back into action. Now, the market is for buyers or end- users. But the twist here is there is a steep decrease in the number of new project launches and here is a good chance for the investors who have invested earlier to sell their properties. Hence, the investors who were waiting to sell their properties this is a good time for them but the only condition is that the property should be ready to move in.
 
F you as an investor have such property, then you are in better position to generate a good return. Although as a seller you are in a better position to negotiate but, here are some tips through which you can make more money.
 
Price it properly: don’t get overconfident and increase the price of your property, if you get a positive response from the buyers. It’s better that you list out all the positive points about your property, try to explain why the buyer should choose your apartment as compared to others that are similar to yours. Over pricing does not help. Buyers and brokers both avoid the sellers who do not price their property reasonably. This impact negatively and delay the selling process. And if you property stays for a longer time then the buyers think that there must be something wrong with the property.
 
Contact a reputed real estate agent: remember that a real estate broker or agent is an expert in this domain. If you think you handle it all alone and avoid to hire a broker due to his fees them you might be wrong. Property transaction process can be long and frustrating and can go on for, don’t know how many weeks or months. Numerous buyers will come and visit your property and ask several questions, there you need a professional to handle everything. Even after the sale, there are a lot of technicalities and documentation involved for which you need a professional guidance. So if you hire a professional then you can be stress free and have a smooth transaction.
 
Sell on time: if you are getting a right price for your property then sell it off because there is no guarantee if the market that if you wait then your property price will get double. Such as if you have priced your property at Rs 30 lakh and you are getting an offer of Rs 29 lakh then you should go ahead with the transaction. But if you plan to wait for six months more thinking that you can earn more, you might be wrong here. So think smart and work accordingly.
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