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If you are looking to sell some property, a house, or an apartment; then you first have to make sure that it fetches a good price for you. In the real estate business, you have to be meticulous in order to take care of all the details properly. It is necessary for the satisfaction of both the buyer and the seller. In today’s seller market, there is a lot of competition because people like to browse and consider as many options as possible. Sometimes, when all the major things have been taken into account, there is still a tie between 2 to 3 places. This is when the nitpicking starts and minor, seemingly non-essential details start to matter. This is where a house or an apartment with good visual and sensory presentation wins the race.
To make your listing stand out, here is a step-by-step guide for you to spruce up the place and make it homey and attractive for any potential buyers.
In the real estate business, property values change every day and they depend on many factors such as location, access to markets, proximity to good schools, etc. These factors come after the basic building evaluation, land rates, covered area, and depreciation calculations. Every appraiser is going to have a different calculation for you based on the parameter they choose to focus on for this appraisal.
In light of this, it will be very helpful if you had your house or studio apartments in Lahore appraised by multiple listing agents. It will allow you to choose the right sales rep or a listing agent for you and provide a realistic selling price to you.
The right listing agent will help you price your home perfectly so that you do not have to change it later on. You must get the pricing right the first time. If you price it too high then reduce it, it sends the wrong message to your buyer and can make them doubtful. On the other hand, you do not want to price it too low that you incur a loss by leaving some money on the table that could have been yours. So, a wise listing agent can prove very helpful for this particular matter.
The listing agents work on commission per sale. To discuss this matter with your agent openly and clearly. You need to make sure that you and your listing agent agree on the percentage of commission beforehand.
• Appearance
People are very sentimental about the places they are buying to live in and call their home. Their purchase decision is based more on the look and feel of the place than it is on the money. If a place is within their budget but they do not like the aesthetics then they will not buy it. But if a buyer resonates with a place that is over their initial budget, they still might go for it. It all depends on how your current home translates into their view of future home.
To facilitate this, you can take a few measures that will go a long way in ensuring favorable consideration from a potential buyer:
• Apply a fresh coat of paint in lighter tones
• Repair any obvious damages that stand out in a glance
• Perform a thorough cleaning of the house and remove unwanted clutter
• Get rid of any odd smells and put some blooming flowers in the garden
• Reposition furnishings to optimize the look of any room
• Offer refreshments to the potential buyers who come to visit
This may appear a lot of effort to put into something that you do not intend to keep. But this will go a long way in bringing you offers that you expect to get. If your house looks old, dusty, or in need of repairs, a buyer will immediately cut that cost and calculate the amount differently. But if they do not have to go through the trouble of fixing things your quote price will be tempting for them.
• Photography
Generally, the listing agents take some photographs of your house to put online or show to a potential buyer. If a buyer shows interest in a house or studio apartments in Lahore then they are invited for an up-close look at the property. This means that your listing is going to be judged by the images you provide. Whether or not a potential buyer chooses to consider it or not depends solely on how it all looks in the picture. To this end, always take professional photographs to maximize your chances of arousing buyer’s interest. If you are not keen on investing in professional photography, do make sure that you take wide-angle shots that enhance the lighting in the room as well as its width and height.
Putting some thought into the process of buying or selling a house can go a long way. But real estate business does require some patience and experience. So, partner with an experienced real estate agency to help you in selling your house or apartment at much better rates.
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Published on March 02, 2021
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