Selling a property can be as much or more stressful and bureaucratic than buying it, if not handled properly. With the right guidelines, however, even those who are not part of the real estate universe are able to sell their first property without complications.
To help you make the right decisions and make selling your first property as quick and profitable as possible, we have brought, in today’s article, a simple step by step. Follow us!
Step 1: Organize the documentation
Before announcing the property, gather all the necessary documentation and make sure that there are no pending or defaults, as in relation to the payment of the ITBI, as this would compromise the sale of the property.
Note that the deed of the house registered in the registry office is one of the primary documents for the sale, therefore, if the deed of the property is not registered, provide this in the registry office as soon as possible.
Step 2: Decide the value of the sale
With the documentation in hand, it’s time to set the price of your property. To reach the ideal value, however, it is important to take some points into consideration, such as the state of the property, for example, in addition to the location, view from the windows, if there is a parking space, pool, garden, or anything like that.
From then on, do a price search for houses with characteristics similar to those of your property. This will certainly help you to arrive at a realistic value.
Step 3: Hire a broker
The sale of the first property can be a little more complicated than imagined. If you feel you need professional help, don’t hesitate to hire a real estate agent or a realtor.
When doing this, be judicious, hire someone with experience, be sure to seek references and most importantly: give exclusivity to the broker or contracted real estate agent, as this builds credibility and makes the process easier to follow.
Step 4: Study the financing options
An important part of the sale process of the first property concerns the forms of financing. This can be done through a bank or by the real estate agency itself.
Providing direct financing with the real estate company can be the safest way, since the real estate company itself defines the necessary criteria for accepting the financing and, once approved, the buyer will have the value of the installments fixed.
This provides greater control when paying and thus avoids the dreaded default.
Step 5: Advertise the property
The way your property will be presented is a decisive factor in obtaining a successful sale. So, if you want more visibility for your first property, take care when advertising. It is worth specialized magazines, newspapers, advertisements on websites and advertisements on specialized websites.
Have you seen how to sell your first property safely is possible? By following these steps, you will be able to rest assured at all stages, until handing over the keys, making sure that you have made a good deal.