Even if you are
using a real estate agent to sell, you can still get creative with your own
marketing strategy. There are some wild and interesting ideas of how you can
bring attention to your property sale, from having bumper stickers made up and
taking out advertisements in local papers on your own. One of the more targeted
approaches works very well if your property is in the catchment area of a
well-regarded school. Some sellers have been known to hand out flyers at the
time when parents are arriving to collect their children, as they often know
someone who wants to move to the area.
If you want to buy property
in Bhubaneswar which is the state capital of Odisha is particularly attractive
and stands out from the crowd, you may want to consider holding an open house
for potential buyers to come along. This is a particularly good idea for
desirable properties - it brings in interested parties to have a more leisurely
look around the property and even to take a little more time to discuss finer
points with you personally, and if you are lucky it will also mean that they
will see other interested potential buyers arriving to look around and spur
them into making a good offer.
Don't panic! - Despite some of the media stories
to the contrary, there are still properties that are being bought and sold
across the country, so there are buyers out there. They may not have the huge
and easily-accessible finance options that were available a year ago, and they
may not be as willing to enter into a bidding war to get your property, but
they are still out there. A well-presented, loved, realistically-priced
property will sell, as there will be a buyer out there who wants it.
Try to be patient in waiting for viewings, offers
and negotiations - not only will you find it stressful; you will also transmit
a kind of desperation to the buyer that they can use to drive your price down.
It is also a good idea to have a set of limits
and a back-up plan if the market turns out not to want to buy your property in
the timeframe you have in mind. Set a lower limit for offers that you will
accept, a time limit that you want to lave the property on the market. Should a
sale not happen, or the price you are offered is too low, consider updating and
improving the property you already have - either for you to continue to enjoy,
or for a fresh assault on the market.
If you need to sell quickly - Should you get to
the point where you need to sell your property
quickly, there are a couple of options that should at least allow you to escape
from a sticky financial situation. Sometimes these options are looked down on by
many in the industry, and while they do offer opportunities to those involved
to make money from buying your property cheaply, they can offer sellers a way
out and still give them some equity to play with.
Auctioning property in the UK has not really taken
off significantly, despite numerous efforts to promote it as a good way to buy
property. Some properties are auctioned, and it is often repossessed or probate
properties that make up the lots. This can be a good way to make sure that you
achieve a reasonable sale, so long as you don't put an unrealistic reserve
price and are prepared to accept a slightly below market value price. If you
are lucky enough to have two or more bidders who are keen to get hold of your
property you may get a higher price than you imagine.
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