To make the whole process easier for you, the team of silver city rawalpindi puts together the 5 most important tips for selling a property independently (or with our help).
1. The Best Moment: Important Factors
Whoever wants to sell property independently has already dealt with emotional factors for the most part. This mainly includes various reasons for sale such as separation, divorce, or moving to another city. The most important thing at this stage is to reach an agreement on the sale with all the people involved. In this case, the first step is to have a global view of the current market situation. Is the demand in the region of the property for sale high or low?
Do you think it’s possible to get the price that matches your expectations? These market checks can be obtained in various ways and often online. Some vendors give them away for free. It is important that the market analysis also contains an initial estimate of the property’s value so that you can decide whether or not this is the time to proceed with the sale.
2. Preparation: the Mandatory Documents
It is necessary to gather a series of documents to start the sales process in Pakistan. Having them up to date is particularly important for future conversations with buyers. This saves you a lot of work later and speeds up the sales process.
There are differences in the composition of documents required by law according to the property type. You can find a general list in our article Guide to Documents (coming soon) or request it.
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3. Your Ad: Quality is More Important Than Quantity
A big myth in independent sales: “No sooner a property is advertised than it gets to interest parties. “However, if you only advertise with poor quality photos and missing information, you will quickly be disappointed. Potential buyers should be left with a good overall impression. This includes preparing your property for photos, high-quality capture, realistic descriptive text, and detailed information about the property.
The more the information is, the more professional and transparent your ad appears to interested parties. Thus, you gain the trust of potential buyers, which gives you a great advantage during the entire process. Our experience in the market shows that a professional, complete ad attracts more than twice as much attention. This includes preparing your property for photos, high-quality capture, realistic descriptive text, and detailed information about the property.
Your ad is published!
What’s next? The communication! To ensure that your ad receives the desired attention, we recommend choosing a platform that allows you to publish your property on the best real estate portals. Plus, you now have a direct link to your property on our website, which you can share with family, friends, and your neighborhood. Being well prepared is very important in the process of selling a property. Selling independently requires dedication and effort, but it also means greater savings. Sky Marketing offers services that can alleviate parts of this sales effort and simplify the entire process.
The most common channels today, and suitable for this, are email, Facebook, Instagram, WhatsApp, LinkedIn, and wherever you are present on social networks, which all are widely used by the sales team of taj residencia rawalpindi. However, we also strongly recommend that you consider traditional and well-known communication channels. Post a notice in stores, grocery stores, and other establishments around the property. Talk to employees, neighbors, and acquaintances. It is important not to expect your property to sell itself.
5. Interested Parties: Selecting the Right Buyers
Already have buyers interested in the property? That’s great news! Now it’s time to find out who has a genuine interest before scheduling multiple visits. This phase is called qualification and aims to avoid unnecessary visits. Allow interested parties to send you some important information in advance, such as:
- Did the buyer check the advertisement carefully and confirm that the property has all the features you are looking for?
- Do you already have bank pre-approval, or do you still need to sell another property before buying a new one?
- What is the reason for possible purchase? Examples: main dwelling, second home, investment.
- Does the advertised value match your ideas and possibilities?
You will be able to clarify other questions during the visit, where your instinct will help you to understand the visitor’s interest better. After the visit, ask yourself the following questions:
- Am I interested in selling to this customer?
- Did potential buyers show genuine interest in the property?
- Do they have the desired financial qualification?
Being well prepared is very important in the process of selling a property. Selling independently requires dedication and effort, but it also means greater savings. Sky Marketing offers services that can alleviate parts of this sales effort and simplify the entire process.