Selling a Singapore real estate property is actually not as difficult as many make it sound to be. However, sellers make mistakes and in order to ensure that you don’t make them, you should know about the mistakes that sellers always make.
1. Selling the property without finding out its outs it actually value. You should valuate the property first and then decide at what price you wish to sell.
2. Making the mistake of not making the property look its best when the potential buyers have to come to inspect the property.
3. Making the mistake of getting removing personal pictures from view at the time of property inspection. If the pictures are seen by the potential buyers then they may not be able to attach themselves to the property. SO make sure you hide them during inspection.
4. Do not just let your agent do all the work. You should also check what he is doing as this way you can make sure that thins are being undertaken as per your liking.
5. Never make the mistake of hiring a real estate agent that you have not heard of or does not have a good reputation in the market.
6. Many people do not consult an partner before they sell. It is always better to take the advice of a Singapore realtor before you sell the property. This way, you will be able to ensure that you are doing things the right way.
7. Many sellers also do not take the effort to market their home thinking that it will sell automatically. You have to advertise it so sell it.
8. At the time of pricing the Singapore real estate property, you have to make sure that you do not put the price to be very high. If you do this, then you will be driving the potential buyer away.
9. Sometimes, a property many depreciate in value and if your property has depreciated in worth then you should price it as per the current value and not on the price that you purchased it at.
10. Do not show the property to one potential buyer only as he may not necessarily buy it. Show it to several buyers and then sell it to the one who is offering you the best deal.
11. The buyer is bound to ask you for a discount so make sure you set the price a little higher than the amount hat you expect to sell it for.
12. Do not judge the buyer by his actions as sometimes, a person may not look like he will buy the property but he may actually end up buying it.
13. When you are hiring a Singapore property agent, make sure that you set a commission that both of you will agree on. Most sellers do not talk about this first and later on a problem arises.
14. Many sellers follow their heart and not their mind when selling, you should not do this.
15. Many sellers make the mistake of dragging things; this is something you shouldn’t do.
16. Do not make the mistake of a good deal slip away, like many sellers do, in the hope of getting a better deal.
Mindy Yong 杨雯诗
CEA Registration Number : R021232Z
(+65) 91002985
mindy@mindyyong.com
KF Property Network Pte Ltd
CEA Licence Number : L3008430D
