Checklist for Selling Property

Real estate trades are no doubt a huge task, but sometimes it becomes more disturbing due to our own lack of planning. While planning to sell your property even if for the first time, you may want to stay one step ahead. It is better to have a checklist beforehand to avoid any mistakes. Following tips can be of great help while selling a property:

• Make sure that you possess all the relevant documents like, Tax paid receipts, letter of allotment, society documents, a registered sale deed from the past owner, , power of Attorneys, encumbrance certificate, sanctioned plan, Approved Sanction Plan, a clear title etc.

• List all the positive points of your property to attract the buyers. At shopsandhomes.com try to create a unique selling proposal, such as any special facility that is rarely offered by any sellers in your locality.

• In case you are not a pro in real estate industry, hire an agent to understand the market. A real estate agent can help you in promoting your property and also help you throughout the process till the end. shopsandhomes.com is the best place to come for finding the right agent.

• Find out the correct market value of your asset. Your pricing should be realistic because if your price right, buyers will get attracted to your property. At shopsandhomes.com can assist you in understanding the market.

• After deciding the value, you need to find a potential buyer. But before that you must consider certain things. Except with the permission of express RBI, citizens of certain countries are forbidden from purchasing a property in India. An NRI can sell property only to an Indian resident.

• Market your property. Take support from your relatives, friends and colleagues for advertising your property. Put your property details with pictures and videos on online portals like shopsandhomes.

• Maintain it to the best possible extent, make it completely presentable. A buyer does not want to see a property with any pending repair work.

• Be honest and open while dealings with the buyers. Don’t hide anything from them; never forget that attitude matters a lot.

• Don’t refrain from negotiation; if you are getting a genuine buyer and if the deal is acceptable to you then there is nothing wrong in that. Don’t be too hard on yourself, or you may end up losing a potential buyer.

• Now, the last stage, the legal matters – you have to communicate with your governing body regarding the deal. If your property is a part of any housing community, then you require a No Objection Certificate from the society. Then later, at the sub registrar’s office it will get transferred under the name of buyer.