You may feel it’s the right time for you to sell your property for a bigger one now. However, what is the reasons that made you think it is indeed the right time to sell? It is hard to say when you should list your property for sale looking at the trend of ups and downs in the real estate market with new laws and rules. Some are beneficial for a home buyer while some are not. Here are some tips that you can consider are signs for you to figure out when it is the right time for you to put up your property on the market to get the best return on your investment.
Is the price increase?
Let us assume that you have lived in the house for more than a decade and the price of the property is quite as expected. Some do you think it’s the right time for you to part way? Well, you can find it out by reading about the movement of the
prices of property in the past five years. If the trend seems has grown quickly then it’s a good sign to list your property. Find out an excellent agent to check if the property has reached its maximum value. If so, then do not wait further.
Have you checked the end numbers?
When you decide on selling your property to go for your new one, your focus will be to get the maximum profit from the sale. Home buyers may forget to add up other expenses such as paperwork involved, repairs and also packing and moving. Add up all the numbers to get the end one so that you can figure out if you are getting enough money from the property sale. If you feel that the numbers look good, then you can put up your property on the market.
Have you found out one before selling?
It is wiser to find your new property first and then sell the old property. This will give you an I got of the upcoming investment idea, which will be financially viable for you before you move out.
Do you know which one is a selling season?
As a trend, certain specific months of the year see a peak of property selling. This trend you can see during festive seasons and usually after filing ITR. So, it’s best to know the right time to make a move.
Are the investors pouring in?
With the real estate market becoming organised in India, many investors are making a move for the right property. It’s time for you now to prepare your property for listing it on the market.