Due diligence and sales process in real estate
Buying or selling real estate is one of the most important decisions we will make in life. There are many details and procedures to be considered during the sale.
Owners naturally want to sell their real estate at the best price. There are many important considerations in the process of determining the correct selling price. The location of the house, its square meter, the age of the building, the number of floors, the current state of the house (renovation, repair, maintenance, etc.), regional factors, social factors are among the most important factors when pricing. We can say that the region where the real estate is located and the last price of its peers and how long it is sold are the keys to the correct pricing. Unfortunately, prices that are determined unconsciously and need-oriented only cause loss of money depending on time and time. More importantly, the prices that are higher than the value in real estate allow you to miss the real buyers. Advertisements that are placed on advertisement sites for a long time and are not sold create a negative perception for the buyer. If the problem is not the high price, the buyer starts to think that there are other problems. Exiting the real estate at a high price, reducing the price gradually when there is no buyer, or selling the product on many real estate sites at different prices will cause the seller to face many different problems. Seeing the same product at different prices in many real estate agencies and portals will cause the buyer to lose confidence in the product. While this is the buyer's position, perhaps the product to be sold in the right hands will be removed from the direct list. Every product is sold and every product has a buyer. There are 2 main reasons why the real estate is not sold;
1. Being offered for sale at a high price
2. Problems related to real estate, such as lack of titles, regional problems, renovations, repairs, humidity or similar problems.
What is the reason for not selling your real estate?Let's assume that the real estate is correctly priced by a real estate professional, and let's move on to the next stage. It is also of great importance that the cob type is not an obstacle or mortgage on the cob. Such stub issues should be communicated to the buyer in a detailed and transparent manner in advance. If it is stock, it will ensure that the shareholders agree on the sale, and that there is no problem that will prevent the sale, and that you will not have any problems during the sale transfer. After all these researches are done, the market sales figure of the real estate is determined. After determining the right price, the next action is the right sales and marketing policy. Hanging a canvas, giving sponsored advertisements, publishing on real estate portals are important sales and marketing items. However, they are not enough by themselves.
At this point, working with an expert, experienced and reliable real estate agent will ensure that your portfolio is sold in a short time, at the right price and without any problems. 360 degree virtual tour shooting is an effective weapon in terms of the current Kovid-19 period and conditions. You may have buyers who do not want to make home visits during this period. When you serve them with a virtual tour, you can enable them to see all the details of the house and walk around as if they were inside. This will shorten your buyer's purchasing and decision-making process. Video shooting, brochure printing and flyers, contact with relevant buyers through the existing database, communication with other real estate professionals will lead you to results quickly and effectively. The ongoing advertising, sales and marketing processes have only one goal, to find the right buyer for your property.
After you find the buyer who is interested in the real estate, details such as TRNC, whether he is a Turkish citizen or not, which country he is a citizen of, are of great importance for you to start the process of acquiring property and take the process right. The process of acquiring goods for Turkish citizens will take approximately 1.5-2 months. The process of acquiring property for citizens of other countries varies between 4-6 months.
Checking the Saleability of Real Estate
During real estate shopping negotiations, Real Estate Deed Due Diligence is required to check that the purchase does not have any unpleasant surprises before any offers are made. It's always best to rely on professionals rather than blindly buying to make sure you're getting a good deal. A Deed Due Diligence is a complete report of a property or real estate asset. It brings together all the information and documents that are useful for the buyer to know before proceeding with the purchase. It contributes to accelerating the purchase time by collecting all the useful information for the transaction in advance. Deed Due Diligence gives the property its final value, provides a thorough analysis of it from the construction, urban planning or environmental point of view, removes any doubts about the existence of urban suitability collateral or other, and establishes the value of the property. Real Estate Deed Due Diligence List: It starts with examining the documents; If necessary, incomplete on-site inspections are requested; It is continued by making technical studies to verify the harmony between what is written and the objective reality above ground. Also in this case, if inconsistencies or mistakes are detected, it is continued by completing or correcting the incorrect thing.
All these sales, marketing and sales closing processes require detail, expertise, experience and business follow-up. It is not a coincidence to pass the sales stage in a planned and trouble-free manner. While our professional real estate team follows all these processes on your behalf, it will be up to you to enjoy the moment.