Good seller the one who knows everything about the leasing property. One should avoid agent leasing which is a must while selling. This will save the seller almost seven percent of the property value. The agents are no necessary and it saves money for the seller.
Some property agents are good and to help you in getting good investment opportunities in Singapore. This improves the rent for lease and property value. Seller can allow extension right for certain period of time in the deal.The seller can ask up to fifteen percent more than the present value of the property when asking for a lease.
Common mistake seller always make :-
1. Pricing incorrectly your home: – no one in this world wants to sell his property in cheaper rate. But one should aware of the market price of the property. When you place the big price of your house in front of buyer then he compares your property with the one he sees earlier and this comparison might leads the rejection of your property. This condition holds seller for long time in the market. So the customer thought that there might be something wrong with the property. At last the seller has to sell his property in low price.
2. Failing to fit your property in the buyer’s eye: – when a buyer visit the property he tries to attaches his emotions with it. But many of the sellers skip this thing and due to this they have to be in market for long time.Now the seller has the responsibility to show his property in such a way that he says wow in his first visit.For this he has to complete necessary final touching work which makes the property superb.
3. There are some sellers also who do not complete the necessary document like title insurance contingencies, pest inspections, home inspections and a lot more.There are lots of instances where the seller leaves this important thing because they thought that the buyer is not financially capable.An incomplete purchase agreement: – in selling your property, always include every detail in the purchasing document, even if the verbal agreement was done between both the parties.
4. Lack of control of the property before the market – it is necessary to know all presented problems of its assets to the buyer. With control of your property so that it is possible to be determined to identify problem areas.
So, for the sale of real estate in Singapore, you should have these basic things in mind. We think that these fundamental points certainly helps.
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