Estimating is a crucial step when putting a property up for sale, and you need to do it carefully.
Offering a price in line with the property’s features will ensure a rapid sale, with little or no negotiation.
Real estate appraisal means assessing the value of a property.
This can take place in the context of a transfer, a change in family composition, divorce or even inheritance.
These different situations can lead owners to initiate this type of procedure.
When selling, the aim is simple: to determine the right price so that both buyers and sellers benefit.
This is the secret of a fast, stress-free real estate transaction.
The price quoted should not be too low, so that the owner is short-changed; but neither should it be too high, at the risk of scaring off potential buyers and getting bogged down in a lengthy marketing process that could give your property a bad image.
The criteria taken into account in a property appraisal are numerous: location, environment, number of square metres, living area, exterior (garden, terrace, swimming pool, etc.), view, exposure, brightness, parking, quality of the building, materials, equipment (roller shutters, air conditioning, etc.), number of rooms, date of construction, general condition, work to be carried out, etc.
Local supply and demand: the more choice buyers have, the more sellers need to be consistent with market prices.
– Interest rates at any given time: high interest rates mechanically reduce the number of potential buyers and, consequently, the prices of properties offered for sale.- property rarity: the rarer a property (atypical, loft, duplex, etc.), the higher its value.
That’s why it’s vital to use a competent estate agent to get a fair valuation without devaluing or overvaluing, and to sell your property under the best possible conditions.
This can be a cascade sale, in which the estate agent matches the sale of the seller’s property with another property to be purchased, so that the two sales are concomitant.
Alternatively, the agent can represent the seller in negotiations and promote the buyer’s advantages (cash payment, speed of transaction, etc.).
The aim is to have only one intermediary, the real estate agent, to facilitate communications and give the property a rare image, rather than leaving it on the market indefinitely at the risk of giving it a bad image.
Real estate appraisal means assessing the value of a property.
This can take place in the context of a transfer, a change in family composition, divorce or even inheritance.
These different situations can lead owners to initiate this type of procedure.
When selling, the aim is simple: to determine the right price so that both buyers and sellers benefit.
This is the secret of a fast, stress-free real estate transaction.
The price quoted should not be too low, so that the owner is short-changed; but neither should it be too high, at the risk of scaring off potential buyers and getting bogged down in a lengthy marketing process that could give your property a bad image.
Estimating is a crucial step when putting a property up for sale, and must be carried out conscientiously.
Offering a price in line with the property’s features will ensure a rapid sale, with little or no negotiation.
The criteria taken into account in a property appraisal are numerous: location, environment, number of square metres, living area, exterior (garden, terrace, swimming pool, etc.), view, exposure, brightness, parking, quality of the building, materials, equipment (roller shutters, air conditioning, etc.), number of rooms, date of construction, general condition, work to be carried out, etc.
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