A guide to selling your house the right way
Real Estate Chennai is a hot market right now. The influx of IT companies, great educational institutes, good health care facilities, international airport, good connectivity etc are the main cause for a lot of people from nearby towns and villages to come here. Chennai is one of the most urbanized cities in the south of India. Due to the huge number of people coming to and shifting base to the city, the demand for housing has increased. As with every metropolitan city the demand for housing is higher than the supply. More and more developers are coming up with complexes every year and the cost of housing is only rising. This is a good time for sellers as it means that you are going to get a good rate for your house. So if you are planning to sell your house in Chennai, let’s take a look at the step by step process for selling a house.
House staging- House staging is of prime importance while selling the house. You’ need to consider how to present your house to the potential buyer. In real estate less is more” is the mantra. Which means that when a buyer comes to view the house, it should look like somebody is living in it. If your house is stacked with all your belongings and there is clutter at every corner, they buyer is definitely going to reject it. It is very important for the house to look neutral. Keep the important furniture, but all your personal belongings should be kept away from the buyer’s sight. You will first have to decide what you want to do with your belongings. Go through the stuff in your house and throw what needs to be thrown, donate stuff that is of no use to you but could be of help to someone else and keep the stuff you need to take to your next house. Segregating these things is crucial. Know what you are going to do with your things.
Real Estate Agent- For any house transaction it is essential to find the right agent. A good real estate agent can guide you in the transaction and make it smooth and easy for you. He will make sure you get the best deal. It is not necessary that you have to work with the first real estate agent that crosses your path or to work with someone just because he belongs to your family or friends circle. Only work with somebody you can trust one hundred percent. Ask your friends and family for recommendation and only work with someone you get along with well and someone you can trust.
House Documents- It is important to have all the documents pertaining to your house, before selling it. Ask your agent about the documents that are essential and dig them all up. One needs to be thorough with paperwork else selling the house can get difficult. You don’t want to panic last moment, so keep all the necessary documents ready beforehand.
House Repairs- If your house has any flaws and/or requires repairing, it is essential to do these repairs before you invite buyers to view the house. This creates a better impression of your house and the buyers will be looking at you house and its potential, instead of focusing on the flaws. Additionally when buyers see the flaws they tend to estimate the costs they will have to incur if they do the repairs, and they always tend to overestimate those costs. In the end you will have to give them a concession, which will put you in a loss. If you do the repairs you will be saving money and also selling the house faster.