Some Guidelines When Selling Apartments
Selling a bungalow or mansion is totally a different ball game than putting up an apartment for sale. This is basically because the targeted buyers of an apartment are very different from that of home buyers.
Some guidelines can be followed when one is selling an apartment.
First consideration is to know the worth of the apartment you are planning to sell. This is for the main reason that if you ask for a price that is beyond its worth will leave you with no takers, and when you will lower the price later, they might think that something is wrong with the unit. Therefore, it is advisable that you set the price that seems fair and at the same time will give you profit, enough to generate interested buyer for the apartment. If you think you cannot make a fair estimate, you can get a professional help to guide you.
Listing all amenities of the apartment for sale is a good idea when you offer it. These amenities may be the number of rooms, the designs of the unit, parking allotment and others. It is also good to state the location of the apartment like if it is closed to the road, shops, hospitals, schools and others.
The marketing stage is considered as the most important part of the sale. Make a draft advertisements containing all the features, being careful not to include those that do not exist as it will turn-off potential buyers. Presenting pictures is a great move especially buyers are generally attracted to it and will help them envision the place and make a decision to see it in actual or not. Remember to use eye-catching words when you make an advertisement. Some of these eye-catching phrases are like walking distance from, security, available parking and so on. You can post your advertisements on the newspapers, online, distribute it on social gatherings, post it at the gas, bus, or train stations, or even give to friends who can advertise by word of mouth, etc.
Arranging for all potential buyers to see the apartment at the same time is a good idea, since they will hasten their decisions after seeing the other party as a competition. In this situation, you actually do not need to convince hard the buyers since their mere presence is enough to start make a decision.
Pricing the unit may be difficult for you and so it is advisable to get the help of a real estate agent who has a wide experience in the industry.