When an owner wants to sell his house or his apartment, he must set a sale price. This price depends on the geographical area where the property is located, the state of the real estate market at the time of sale, and the specific characteristics of the accommodation.
The selling price of a house or an apartment is the amount at which the owner wishes to sell his property. It is different from the purchase price which includes the notary fees and any agency costs.
This price depends on several factors and it must be set carefully to help arouse the interest of buyers. It must be as much as possible in line with the real estate trend.
Pricing like the professionals: This is the path that all sellers who want to sell their property at the highest prices have to go. Many owners simply calculate: “What I put in, I want to get out again”. Purchase price plus repairs equals sales price?
But this is not correct. This calculation only works in very few cases. Outside the boom regions, sellers rarely get the money out of what they put into an object.
The older the property and the more unusual the taste of the residents, the less the price. Professionals evaluate a property completely unsentimentally. Brokers, banks or appraisers determine a market value, i.e. the value that can realistically be achieved.
Nothing determines the duration and success of marketing as much as the right offer price in the online synopsis or newspaper advertisement. Brokers know: there are hardly any unsaleable properties, just the wrong price.
Why? If the price of land for sale in Gurgaon is too low, sellers cannot save themselves from inquiries and still sell at a loss – and that with what is often the largest or only asset they have.
If the price is too high, however, sometimes no interested parties come up and the property degenerates into a slow-moving item. The length of stay of offers can be researched well in real estate exchanges. And the expiry time of an offer in online exchanges is just four to six months.
A first calculation of the price of a real estate sale can be made by multiplying its living space by the average selling price per m² of the sector.
This first calculation of the price of apartments for sale in Gurgaon is necessary, but not sufficient. For example, the selling price of a house takes into account other elements such as the presence of a large lot or the condition of the dwelling.
The selling price of an apartment or a house depends on the specific characteristics of the property for sale. A privileged location or the presence of exceptional services can justify a higher than average selling price.
Conversely, certain housing characteristics may give grounds to a sale price lower than the market average. This is the case for apartments on the ground floor, less sought after by buyers than those on the top floor.
To narrow down the ideal selling price for your house or apartment, you can contact real estate agents in Delhi having the required expertise.