To sell your home in real estate Pakistan is quite challenging when you’ve imperfect market knowledge and lack relevant experience. In most cases, you under price your home, and sometimes, you overprice your home. It deprives you of any potential net gains and profits.
To preclude any lifetime loss and regret, one must do proper research themselves or hire a real estate agent to do the research and estimate the best and fair price for the selling home.
REAL ESTATE PAKISTAN AND HOUSE PRICES
In this article, we’ll guide you through how to win the best price for your house in Park View City or other housing societies.
1. ESTIMATE THE PRICE YOURSELF
If you’re planning to sell your home in Bahria Orchard Rawalpindi or any residential society, there’re few things you need to consider before you settle on a final price. Bear in mind, the pricing and value depend on the following four crucial factors
Location of the home
Let’s talk about the location first. The location of the home is the most crucial factor in determining the house price. The same house with the features in a less developed area would bring you low net gain compared to a property surrounded by ultra-modern amenities. Property in Gulberg Residencia, B-17 Islamabad has higher prices when compared to other homes in areas other than Islamabad with fewer amenities. That’s what real estate agents are good at.
2. The better condition and top-tier features of the home
Next, a better home condition with all the top-tier features would ultimately raise the price of your home. If your house is low in good features like no garage or parking area, it will lower the value of your house. Every additional feature adds more value to the house. So, do a little bit of renovation of your home if your house lacks an attractive location. Ultimately, it will give you an edge over other features, and you will win a higher listing price.
3. The sale price of similar houses in the neighborhood
Additionally, research the nearby houses resembling in features with your own home. If you’re selling a two-bedroom house, you must check to communicate with other sellers on the final price they’ve settled. It will help you greatly in deciding the average price, and you will be in a better position to up your price by adding more features to your property.
For this purpose, you can use real estate Pakistan online portals like zameen.com and graana.com to get an idea of the selling price with the same features in your surroundings.
4. Your negotiating skills
Lastly, your negotiating skills must be excellent and eloquent for making a final deal with the house buyer. Don’t shy over settling a low price, and don’t boost by overpricing while communicating with the client. Communicate effectively with several buyers, making a sensible deal at a fair price with the maximum net gain ultimately.
2. HIRE A REAL ESTATE AGENT OR A REALTOR
On the other hand, if you cannot estimate the price of your house yourself due to the lack of time and experience. The option of hiring a real estate investment broker or a realtor is still there to help you out. There’s no match for the expertise and the experience they possess in the evaluation and reaching the final deal ultimately for your home with the lowest fee.
Finding a real estate agent is challenging nowadays. You must look online or arrange a personal meeting with the realtor to discuss your house selling. The unmatched expertise will unquestionably set the accurate price above the average home price. You will earn more than you’ve expected.
3. HOW ARE THE REAL ESTATE AGENTS STILL A BETTER OPTION?
Well, the real estate Pakistan agents possess sharp insight, invaluable experience, and top-notch expertise, making them stand out in evaluating the best property solutions for your investment needs. Here are some of the details, speaking volumes of their superior services in bringing the maximum listing price in a short period.
- Aware of Local Demand and Supply
- Aware of Current Market Conditions
- Better Comparative Market Analysis (CMA)
- Access to Multiple Listing Services (MLS)
These are the crucial and determining features of the best real estate investment agent and a realtor. An expert real-estate broker is well aware of the current demand & supply in the local market with a better outlook on selling your house in a seller market or a buyer market. Similarly, they’re aware of the current market conditions if it’s swelling or plunging the house prices in the market.
Comparative Market Analysis (CMA) provides them an outlook on the price of currently sold houses with the same features. It readily sets your house price and sells it quickly in the market.
Lastly, the access to Multiple Listing Services (MLS) made the task of selling houses quick and easy. Furthermore, process is straightforward as realtors share the most recent and up-to-date information on the property with other brokers. It greatly helps them in matching the buyers with the sellers at a commission in Bahria Gulberg.
Following the above steps, you’d be able to sell you’re your home quickly and at the best possible price. Sell it yourself or by hiring an experienced realtor, be sure to follow the listed instructions before you conclude a deal. Sell better and earn better with real estate Pakistan!