Selling
7 Tips for Selling Real Estate in the Philippines
If you are thinking about huge investments, you probably would consider selling real estate in the Philippines. While it is true that you can have a desirable return on your investments, but selling a property could be a nightmare at first glance. Considering a lot of paper works from owners and numerous trips to government offices, it could be intimidating. Basically, selling a property requires your time and effort to make it to success. Even if you are planning to invest in Avida Homes, there are things you need to consider before anything else.
Selling a real estate property can be tricky especially when you are new to it. However, it should not be too difficult, for as long as you know the basics of how the real estate works. And to give you some ideas, below are some tips for selling real estate in the Philippines.
1. Differentiate from the neighbors
If you want to impress your potential buyer, you need to consider custom designs or additions, such as landscaping, high-grade windows, new roof and any other things that make your home different or unique from the neighbors. This will help improve the appeal of your home, while potentially adding value to it. Moreover, if there are any improvements you want to have, make sure that it is practical enough and use colors and designs that will attract your target audience.
2. Clean the clutter
A messy home is surely a turn-off. Before you let your potential buyer inspect the property, make sure that you keep things inside the house in order. Remove all clutter and even some furniture to make rooms look bigger, and put away family photos and personal items. Moreover, you can hire a stager to help you make better use of the space. For many people, they feel that stagers can make a home more salable. That is why they usually consider hiring one.
3. Sweeten the deal
When it comes to the deal, it is advisable if you consider offering the buyer things or terms that might sweeten the pot. For instance, sellers that offer the buyer a couple of thousand pesos credit toward closing costs, or offer to pay closing costs entirely will in some cases receive more attention from home buyers looking at similar homes. Moreover, it is important to note that some homebuyers would like to close the deal in a short amount of time. That means, if you can close on the home within 30 to 60 days, then it may set your deal apart and get you a contract.
4. Improve curb appeal
Home improvement is one thing that attracts potential buyers – it’s the first thing they usually see. To make the property more appealing, you can make sure that the exterior has a fresh coat of paint, and the bushes and lawn are well maintained. When it comes to selling a real estate property, appearance means a lot.
5. Get your home in “Move In” condition
There will always be an advantage when you get the property ready since there are homebuyers who want to move into their soon-to-be-home as soon as possible. That means you have to give your potential buyer the impression that they will be able to move right in. And start enjoying their new home, rather than waiting and spending money to fix things up.
6. Pricing it right
One way or another, the price of the property can be a deciding factor for most homebuyers. That means, if you tend to make the property expensive enough without any good reasons, then this might turn off the homebuyers. To make sure that you will have the right price for your home. You can always consult a local real estate agent. Read the newspapers and go to online real estate sites to see what the possible price range on a particular property is.
7. Develop a professional image
Aside from the property, you are selling, home buyers are also a keen observer when it comes to the sellers. If they think that sellers are not that approachable; then this might also be the reason why they won’t accept the deal. That means you need to be available as much as possible and have the best offer you can give to your client. With strategy, they will be impressed not just with the property, but also on how you treat them.
Whether you realize it or not, there will always be pros and cons when it comes to real estate investments. However, it is up to you on how you can.
Source: Avida Homes