The COVID-19 outbreak might have temporarily stalled your plans to sell your home, but, it does no harm to know a few unique ideas to sell your property quickly, as the nation starts moving towards a post-crisis scenario. A few actions such as repairing and sprucing up of the property might increase its resale value manifold.
The COVID-19 crisis has shaken the very roots of the Indian real estate sector, namely the construction and the resale segment. It has been almost half a decade since the real estate market is facing a slowdown in demand. This fact, topped with the COVID-19 spread, has left sellers desperate for desired prices. However, if such sellers employ a few hacks and utilise this period in an innovative manner, they will be able to negotiate effectively and draw better prices from the sale of their property. Be it sprucing up the interiors or engaging a broker REP Calgary Homes; you will have to be on the top of your home selling game to ensure that you get the best price. Let us delve into some crucial aspects which you should consider before going for the sale of your property:
Spruce up the property
Generally, a well-maintained property gets the attention of buyers much quicker than a shoddily-kept property. When a seller decides to put a property on sale, he/she must consider applying a new coat of paint within the apartment or on the exteriors as well (in case of a villa). This shall add a touch of freshness and improve the overall property-surveying experience of the potential buyer. Moreover, if the property was on rent, and the tenant maintained it poorly, it almost becomes a necessity to clean the premises thoroughly. Getting the help of professional cleaning services for the same could help in making the property presentable, which is much likely to attract more buyers.
This is perhaps the most integral component of getting a property ready for sale. It makes the same look clean, spacious, and ready for potential new owners. During the ongoing period, you can easily conduct a cleaning drive yourself as well. Start by clearing countertops, shelves, closets, and all corners of all rooms. Simultaneously, clean off all visible cobwebs and debris from around all light fixtures. You can also consider having an additional storage option if you want your home to look clutter-free, organised and clean.
Let the word spread
When a property is available for sale, the world should get to know about that fact. The seller can consider informing his/her friends, family members and people from his/her neighbourhood, so that word could spread quickly. Sometimes, the people in the know of your requisition might tell their relatives to consider purchasing the property. The more people that know, the lower the turnaround time of a property getting sold. Having more options on board in terms of potential buyers will not only speed up the selling process but also leave you with an upper hand at the price negotiation table.
Energy Conservation
Greens homes are trending in current times when the discussion around conserving the environment has taken centre-stage. The installation and usage of LED lights and smart meters in your property will increase its green quotient. Making way for ample natural light and using only Bureau of Energy Efficiency (BEE) rating appliances (if you plan to sell a furnished home) will reduce the overall electricity consumption as well as the carbon footprint. A sustainable home on offer will certainly induce the buyer’s interest.
Have transparency
When a property is put up for sale, documents depicting the chain of ownership of the same are of significant importance. When a buyer approaches, he must be assured of getting a clear title over the concerned property as well as non-ambiguity regarding ownership. It is important to keep the following documents ready:
- Society No-objection Certificate (NOC)
- Clear title deed
- Chain of ownership documents
- Property tax receipts
- Encumbrance certificate
- A general power of attorney certificate (if applicable)
If all of the required documents are presented to the potential buyer at the time of discussion, the buyer feels assured about legality and transparency regarding the fine print of a property. It also cuts the turnaround time for finalising the sale and gives an upper hand to the seller to quote a higher price.
Quality listing on real estate portals
Once the seller decides to put a property on sale, he/she must make use of online classifieds and property listing portals. The seller can post free advertisements on most of the online property listing portals. The seller can also get their property verified by such portals, which adds a dash of authenticity to their advertisement. In times of online connectivity and increased use of technology, online listings are tremendously useful to increase the number of enquiries generated for a property.
While listing your property on such portals, the usage of the right keywords, as well as the quality of the property description, is crucial in making the property searchable. If real estate jargon or any such complex words are used in your listing, the property will be visible to a lesser number of people. It is always suggested to keep the listing simple and straight-forward. Also, including high-quality pictures of the property in the listing significantly increases the chances of getting a response.
