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Once you decide to sell your property you must make it certain what is the basic object of your sale : like you intend to buy another property by selling this (which could be more or less than its value), you want to invest money in business or any other area. Other thing one has to look at the property market situation as it has a lot of bearing on your property sale prospects. If it is buyers market it will be different scenario as compared to either sellers market or in a neutral market. You will have to adopt the right strategy according to market and your requirement.

If you intend to buy another property, which is bigger (thus expensive) it is advisable to sell it when the prices have crashed. You would defiantly get less price for your property as compared to natural market, but your purchase for a better/bigger price would also be cheap and you would need to add less money to buy your required property as compared to scenario when the market is giving you a better price for your own property.

If you intend to invest the realized money in business of any other area you should try to sell it at a time when there is right price available. Though like stock markets it is difficult to predict what is the highest and lowest market price but one can find out the right market prevailing price of similar property which you intend to sell and once you are able to achieve your target price you should sell your property.

No doubt you need to present your property in a manner that it should appear to be one of the best proposals available for sale to intending purchasers. At the same time you must appreciate the plus and minus points of your property and calculate the right price for the property. It is very easy if you take a look at your property with an eye of a buyer.

Importants Points :

  • Make a summary of your property – Like carpet area, plot area, number of bedrooms/bathrooms, flooring, fittings…
  • Decide which real estate agent can sell it faster
  • Find out the right price – Best way is to browse websites like SouthDelhiFloors.com, 99acres.com and Magicbricks.com, This should give you a fair idea of prices in any particular locality.
  • Keep documents handy for verification
  • Keep the property neat and clean for site visits.
  • List your property.