A picture is worth a thousand words. A good picture of your property can give valuable insights to your buyer and can also help them in ultimately deciding on whether to buy your property or not. The images you upload are often the first impressions of your property. If your image is not impressive enough, the buyer may not even venture into your property’s details. So, read on to find out how to create some of the best images to sell your property.
When looking at a property, buyers would love to know what the property is all about. This is especially true if the buyers cannot visit the property in person before purchase. While a few photos of the property do help catch the attention of the buyer, it is often a good video that helps the buyer to make up his mind about the purchase.If you do not know how to make a good video of your property, go through our tips that will help you do just that.
Real estate hunting, today, has become very convenient and easy. Most buyers prefer to shortlist their potential choices based on photos, videos and virtual tours long before they decide to physically visit the property. Many rely just on these methods to make a purchase without ever setting foot on the property. As a property owner who is looking to sell their property, it is your responsibility to provide your buyers all the necessary inputs to help them make their decision. A professional looking virtual tour video is one of the tools in your bag that can help you sway your buyer in your direction. Are you wondering how to create a professional looking virtual tour video? We will discuss just that.
While photographs and videos are great in showing how the property looks, it often does not give a very good idea of the layout of the property. If your property is just a piece of land, it may not need more than a couple of photos and a video to help it sell. But if the property you wish to sell is a residential or commercial space, a floor plan will help the buyer immensely to understand the dimensions and the layout of the property.
The physical features and the relationship between the various rooms are also better visualised using a floor plan. The potential buyer can also look at the floor plans and decide if any structural alterations can be made to the property according to their needs. When they can see the floor plan, they can visualise the size, dimensions and the unlimited potential of the property. This in turn will increase the perceived value of the property. To make a floor plan that is easily understandable and hooks the buyer, make sure it has the following characteristics.
Today, most property buyers shop online. But how do you stand out from all the other properties that are posted online for sale every day? One of the best ways to catch the attention of the buyer is to have a great property description. A well-written property description can look professional and can also increase the chances of a sale.
Titles are very important when it comes to selling your property. A good title can attract buyers and a bad one can prevent them from clicking on the ad or being interested in knowing more. You have a 70-word limit for the title. So, make sure that you use the space well. Here are a few ways in which you can make your title stand out to any potential buyer.
Mention the unique selling feature of your property
Example: “Historic Apartment
in the City”
“Modern townhouse in Downtown”
“Minimalistic Condo in the south”
Mentioning the city in which your property is located and using words like Attention to catch the buyer’s eye can be a good option.
Example: “Attention! 1 BHK in Singapore.”
Create an emotional appeal to your listing.
Example: “Come home to a gorgeous 2 bedroom”
Use important attractions nearby to create interest.
Example: “Condo one block away from the beach”
Use profits gained by the property to attract buyers who are looking for an investment.
Example: “Earn 12% yield on Downtown home.”
Real estate yield is simply the amount of future income you can receive on an investment. It is usually calculated as a percentage annually and is based on the property’s market value. Consider this as an example. If you have a property which has a current market value of $500,000 and were making $25,000 as an annual rent, you would be receiving a yield of 5%. If you own a residential property, it is ideal to have a yield of 5% or more.
You do not have to worry about calculating your rental yield. If you do not know your yield, you can use our yield calculator by clicking here. All you have to do is enter the market value or your asking price and the rent you receive (or the rent you may receive if you were to rent your property out) and we will calculate the yield percentage for you.
Mentioning your yield percentage will help attract buyers who are looking at real estate as an investment. The yield percentage will tell them if the purchase they are considering would be a profitable one. Higher yield percentage will show that tenants place. high value in the property and are willing to pay higher rents to be able to live there. In other words, higher yield percentage would mean higher profits in the long run for the investor. The buyers may also be willing to pay more than the market value if the property has a high yield percentage.
Documents are an essential part of any property deal. When selling a home, there are a few necessary documents that you need to possess for the documentation process. An ID proof and a proof of address are important documents that tell your solicitor who you are. The ID proof used usually is a passport or a driver’s licence. A utility bill or a bank statement that is not older than three months can serve as proof of address.
These are documents that you may have or may have to ask your solicitor to provide.
Title deeds: If your property has never been registered before,
you may have the title deeds with you. If that is not the case then, you can get a copy of the
registered title
from your solicitor. This copy must show you as the registered
Report on title: This is a document that your solicitor provides.
Keeping this document
with you can be
Property information form: The seller has to fill out the TA6
form. This will contain a
lot of information like the position of the gas and electricity
Warranty: If your property is less than 10 years old, you must
have a copy of Buildmark or NHBC. Any other home policy or warranty documents may also be used.
As a broad definition, a commission in real estate is the amount paid to real estate agents and brokers who help facilitate the sale and/or purchase of a property. This is usually a percentage of the purchase price of the property. In most cases, both the seller’s agent and the buyer’s agent have to be paid either separately or the commission percentage is split among them. But at Estate Agent Power, we work a little differently. We aim to have a no-hassle, uncomplicated way for the benefit of all the parties involved in a property deal
When listing a property, the seller is asked to choose the percentage of commission they are willing to pay. The package, facilities or features they enjoy will depend on the commission they choose. Higher the commission more features they will be able to use. The features include a listing in the first couple of pages, a greater number of referrers working on their property and more leads. Please note that a seller only chooses the commission percentage and does not pay it out of their pocket.
When the buyer sends an offer to the seller and the offer gets accepted, the buyer has to pay the chosen commission percentage in the form of a reservation amount. This reservation amount is the only money we earn for advertising the property and facilitating the deal.
When the deal is finalised and the payment is made by the buyer, they will only need to pay the remaining amount of the property price.
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