3 Tips You Should Know Before Selling Your Property in Chennai

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  • Dec 11, 2018
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You have to sell residential property in Chennai and you have already put up a sign and signed a deal with a broker. But doing these two things are not enough, for you need to do a lot more in order to speed up the process of selling your residential property. Your property should be presented in such a way that it should be amongst the best proposals that are available for sale to potential buyers. To that end, keep these three tips in mind before you sell your property in Chennai:


1. Clean It


Imagine yourself as the buyer and think how you will start the process of buying a property, including residential plots in Chennai. You will search online for the properties on sale. If there are clear hi-res pictures uploaded with a useful description, it will be of a lot of help to you. No one wants to see garbage, old equipment and junk lying around the property in those online pictures.

In case the place is cluttered, even you as a buyer won’t consider purchasing that land, and would move on to the next property because you will immediately lose interest in it. So, clean up the place to start with. The first impression is the last impression, and it holds true in this regard.


2. Make a Property Summary


You need to make a property summary before you decide to sell the property, whether a flat or a villa or a residential plot in Chennai. The summary should include accommodation, built up area, construction age, construction quality, water supply, electricity load, plot area, property ownership title, location, house tax structure, distance from schools, colleges, airport, railway station, bus stand, hospital, market, and other areas of use. All of these factors will make a huge impact in you selling your residential plot. Apart from this, if there are other positive points that you would like to mention that would increase the likelihood of the selling of the property, then do so proactively. On the other hand, if there are any negative points, you must factor them in when you negotiate the property price on a later stage.   

3. Find the Correct Price

To sell a bungalow, flat or a plot in Chennai more quickly, you must know the correct price of your land. We all know that anyone who wants to sell property wants to sell it at the highest price possible. But, you need to have a reality check. If you have already listed your property at a high price and it is not resulting in a transaction, all the effort would go waste. On the other hand, if you have listed the property at a lower price than the market price, then too it won’t benefit you. Hence, you need to determine the correct price.

 In order to find the right price of the property, you can check up with neighbours, friends and people who are in real estate. They will have valuable details about the properties that are similar to yours, and which are being currently sold in your area. After this step, all you need to do is to compare the positive and negative points of those properties, in order to come to the final price at which you want to sell it. Another very important but unstated factor, if your property appeals to a buyer, then he’ll be automatically willing to pay a good amount for it.     

Use these three tips to sell property in Chennai in a timely fashion and at a profitable price. In this regard, you would also have to provide the land registration details to the buyer, so keep them handy.
 

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