THINGS TO BE FOLLOWED TO GET BETTER RETURN FROM SELLING THE PROPERTY

In today’s day and age where usable land has become scarce and the population increasing at a rate like never before, property rates are surely going to go up the ladder. Owning a piece of real estate is like owning a goose which lays golden eggs; you can either earn from the golden eggs that it lays or cut it off and relish on the meat. You can either rent out your property or sell it off in one go. The key here lies in getting the best price out of your property. Before plunging into buying property, ensure that there is a capital appreciation of at least some percentage every year.

One of the secrets of getting better returns from selling property is to sell it off in a better condition than it was when you bought it. You can check out Checklists of Property Documents that you need to hand over to the buyer before you sell your house

Here are a few things that you can easily make up for in order to get a better return from selling your property

1. FIX UP ALL THE LEAKAGES

It gives a dirty look if the paint is scraping off your ceiling due to a leaking roof or water spurting out of a pipe. Before trying to sell out your property, it is advisable to do a thorough check of all the water fixtures and pipes. Also, getting your ceiling and wall waterproofed by professionals is a thing that you can do before inviting any prospective buyers

2. ELECTRIC FIXTURES MIGHT PUT YOU TROUBLE

 

 

Check in for all your electrical fixtures. Hanging wires and switchboards hanging out of the wall are a strict no-no. The fuses are a safety requirement, more of a compulsion; hence this mandatory fitting needs to be put in place before anything else. The insulation of the wires might be causing a problem or may be the pipe through which the wires go through might need replacement. All these small but important things must be checked for beforehand, and all the amendments and repair work must be done. Also, the tube lights and other lighting appliances must be in place and in working condition. This small investment might bring in greater returns in terms of the rate of the property.

3. TAKE AWAY WITH YOU ALL YOUR PERSONAL BELONGINGS

You are selling away your space to someone else; he/she might not like your self-portrait hanging up on one of the walls leading to the hallway. De-clutter your property of all your personal paraphernalia. Your aim is to make the prospective buyer feel at ‘his’ display home. The last thing you want is your prospective buyer not liking your property because the things belonging to you are falling all around the property, and that is making him feel uncomfortable. Presenting your property well might get you a better price than the normal property rates.

4. CLEAN UP THE PERMANENT FIXTURES

Dust away all the dirt and wipe away all the stains off the floors and doors and window panes. In the case of an underdeveloped property clear away all the clutter. You might end up making some money out of the waste by selling it off to the local scrap dealer. This will leave a lasting impression and will urge your prospective buyer to buy your property at a price better than you ever expected. One of the many advantages of cleaning up the place before exhibiting it to prospective buyers is that it gives an illusion of having a bigger space and also a clean surrounding and premise reflect good energy.

5. PICK UP THE PAINT BRUSH

 

Putting in a bit of money to buy some subtle colors of paint and painting the faded walls in your property will bring in a lot of benefits. First and foremost it will give your property a new and fresh look and the second point that makes an impact is that the prospective buyer might not like the bright red wall in the middle of the property. Everyone’s tastes are different hence it is best to not mess around with colors and stick to subtle colors. Colours that reflect more light would be the ideal colors to pick. This will lighten up the property and make it look bright and neat. This small investment of time and some money will come back to you multiplied by a good big number. Here are some Top 10 tips for buying your first investment property