Every purchase, as well as sale, carries with it certain risks. If you are one of the real estate sellers, you must be wondering what is the best way to sell, how to advertise, where to advertise, whether you can do it all yourself or do you still need the help of an expert.
Research shows that the most popular types of apartments in Novi Sad are studios and one-room apartments, the most popular locations have been Nova Detelinara and Oslobođenja Boulevard for years. When it comes to older or newer construction, most buyers find the older construction more appealing. Why? Although in our country there is an opinion that older construction is of better quality, that is not the only reason. Apartments of older construction are more comfortable and easier to remodel, that is, it is relatively easy to make a one-room apartment into a two-room apartment.
The offer of apartments is really large, everyone is looking for their corner under the sky, but the number of buyers is also increasing. Location is a very important factor, the richer the contents, the higher the price you can put. This means the proximity of schools, kindergartens, hospitals, shops and the like. Renovated apartments in the center sell the fastest, but there are also those who are looking for older apartments that they can renovate themselves and thus raise their prices.
Keep in mind that sales may not go the way you envisioned. If your goal is to sell your apartment as quickly as possible, it might be a good idea to hire a real estate agency. On the other hand, if you are not in a hurry, you can do everything yourself. If you decide to sell an apartment in Novi Sad, there are several things you should pay attention to.
Collect the documentation
Before advertising the apartment itself, it is important to check whether all the documentation is in order. It is important to do this at the very beginning so that you do not have any complications later and that the sale is not delayed because of it. Check and find the title deed, that is, for example, a partition agreement, an apartment purchase agreement, a gift agreement, and the like. So, a paper that proves that you are the owner of the apartment and that the situation with the apartment is legal. Pay attention to whether your apartment is registered, as this item often turns off potential buyers.
How do I determine the price?
It is the price that will attract or repel the customer. It is very important that you set a price that corresponds to market conditions and the actual condition in which the apartment is located. If you are not qualified to determine this, it is not a bad idea to hire an independent real estate appraiser to do this for you. Please note that location determines the price. Apartments in the center of Novi Sad are the most sought-after and therefore the most expensive. In addition, they sell the fastest, but there are buyers looking for an apartment on the outskirts. The structure of the apartment plays a very important role, as well as the quality of construction. After all, everything you paid attention to when you bought an apartment.
The advice is to follow the square meter apartment prices in Novi Sad. Research shows that the prices of square meters grow in proportion to the demand for apartments. This trend can be attributed primarily to the growing economy, thus the increasing number of people coming to Novi Sad to work.
How to prepare the apartment?
The apartment should be in good condition and clean so that potential buyers feel comfortable in it. Clean it yourself or hire someone to clean it. Be aware that very often the first impression is the most important and that the first impression will repel or attract a potential buyer. If there are any problems, solve them, for example, various sanitary repairs, renovations that you have planned, painting and the like. Do your best to sort it all out before putting the apartment up for sale.
It is important that the apartment is not overcrowded, put away all unnecessary things such as various trinkets that we all collect over the years. This is important advice for selling an apartment, but also for renting. It is important that the potential buyer sees the actual size of the apartment and can imagine how the space will look when he puts his things. If you have a pet, take it to a neighbor’s house and tell the buyer that you own it to avoid any inconvenience.
Don’t underestimate the power of advertising
Place an ad on relevant real estate sites, and promote it on social networks. On social networks, you have numerous groups where you can share your apartment. Pay attention to the photos, make them high resolution, good quality and take pictures from the right angle. If you are not skilled enough to take a good photo yourself, hire a photographer.
In addition to advertising on the Internet, consider resorting to classic old-fashioned advertising, such as posting ads on banners and any place that is suitable for posting ads. Also, announce to your friends and acquaintances that you are selling the apartment, because this method has often turned out to be a good move and many have sold the apartment precisely on someone’s recommendation.
Consider real estate agencies
If you are in a hurry to sell, consider hiring one of the real estate agencies. The agency will do almost all the work for you. They will assess the value of the apartment, promote it, organize tours with potential buyers as well as negotiations. Keep in mind that all agencies take a commission from their service, so factor that cost in as well. However, if you want to organize the sale yourself, keep in mind that it takes a really long time. You need to do legal things, collect documentation, advertise the apartment, find a buyer, organize the viewing yourself, negotiate the price and many other things. You can avoid all that for a price.
There are many agencies, but there are also many frauds. A tip would be to compile a list of several agencies and search the Internet for reviews and other people’s experiences with certain agencies. In any case, get ready to dedicate a few hours of your time to it because it will definitely pay off. If you decide to use an agency, agree on all the important things at the first meeting with the agent. This primarily refers to the amount of the agency commission. After that agreement, the signing of the contract follows. If the agent does not offer you a contract, think about the legitimacy of the agency itself. The contract should contain everything you agreed on, read it carefully before signing.
Although at first the sale of an apartment seems like an easy process, believe me it is not at all easy and naive. You have to be communicative, and a skilled negotiator, and you have to have the ability to make decisions quickly, and above all to organize yourself well. Don’t let anything discourage you even before advertising the apartment, organize yourself well and ask questions, and don’t hesitate to contact professionals, because the first steps are the most important.
