Are you still waiting for the right buyer or the opportunity to sell your property? It often happens that you invest in a property and wish to make money out of it through a profitable sale. You keep yourself busy with the site visits and inquiries of the buyers for days and fail to realize that more than 8 months have passed since the property was listed by you, which in turn can reduce your chances of getting the property sold.
The average time for a good property to get sold is not more than 6 months. If your property listing shows a greater duration then it might create a bad impression on the buyers, causing them to have doubts once they check your listing. Your chances of selling the property will thus, become low.
Investment of time is a necessity for any seller and that may end up giving you sleepless nights if you wait too long for the sale of your property. The amount of time you need to spend in attending the customers may cause you to sacrifice your own personal interests or appointments. The seller has to prepare his or her property each time a buyer visits the site and most importantly, he also has to be present there physically. So, you can well imagine how tedious the process can be if you keep switching from one customer to the other in the hope of finding the perfect one. You cannot neglect the call of one prospective buyer and attend the other. An equal amount of time has to be allotted to each one.
Besides, you will even invite monetary loss by delaying the sale of your listed property. Everyone has some plan or the other regarding the use of the money earned from the sale. Say, of the 50 lakh rupees that you expect to get by selling your property, 20 lakhs would be fixed deposited by you. But a delay of 6 months by you will make you lose out on the interest money of the deposited amount for the same period.
How to Speed It Up?
Try to compare your price with that of the other properties in the locality concerned. See, if those are cheaper than the one tagged by you and minimize it accordingly without keeping yourself on the losing end,
The country’s realty market is moving slowly where you may find a tough time selling your property. You can return to your listing once things get normal.
Or you may have to switch off from your existing broker so as to avail a better service. Look for the ones with relatively higher selling records and do not entirely rely on just one of them for getting your task accomplished.
Begin searching for buyers within your own social circle or inform the sale of your property to your colleagues, neighbours, and friends. Other than that, you have to adopt the right attitude without being excessively proud.
Last but not the least, a little investment for making improvements in your property may also increase its value thereby, attracting buyers.
For more of such useful knowledge or the latest updates of the country’s Real Estate sector, keep in touch with Transventor Property Management Services Pvt Ltd. Whether it is the sale, rent or purchase of a property, we are there to make your experience an enriching one.