Selling an apartment is not easy. Infect even after months of preparation, repair work and searching for buyers, your work is not done even after you find buyers for your apartments. Because even after you have found the buyers, they may not necessarily strike a deal with you. So, following are the do’s and don’ts that you must follow if the deal doesn’t work out.
Think from the Buyers point of view: Put yourself in buyer’s shoes. For that, put on your own shoes and take a stroll around your neighborhood and have a look at the several apartments in Al and compare your apartment to others. Would you yourself pay such an amount for your apartment? Is your apartment really as good as other cheap apartments in mobile Al or is it just overpriced? This is one question which you should ask yourself and honestly answer it. If the answer is yes, you should decrease the price by an appropriate amount.
Create a timeline: It is very important to have an entire plan laid down in front of you about how you are going to proceed if no bids come up for a relatively longer period of time. ” I will decrease the price by five percent if bids do not come in the next two months and by ten percent if there are no bids within the next six months”. Planning these things out beforehand will help you in many ways. One, you will not be upset when you have to decrease the apartment’s price because you would have it already planned. Secondly it will prevent your last minute panic where you cannot decide the amount by which you should lower the price of your apartment in comparison to other cheap rentals in mobile Al.
Now when the deal works out, there are several things that should be taken care of as follows:
Closing the Deal: Now, while closing the deal it is important to negotiate only on the terms stated in the documents and not on any other terms. If the buyer is making offers that you do not wish to accept, simply say “no”. Complete your transaction carefully and read all the paperwork, terms and conditions and understand all the implications that come with the deal before signing. This part should be done very carefully and in fact, it is advisable to hire a lawyer before you sign any deal/contract.
Moving out: Before making the deal, it is important to make a proper decision about the date and the time when you would move out. If you feel you are busy on the day on which the new owner wants you to move out, do not risk it. Moving out of the apartment requires time and patience. Make sure you vacate the apartment when you are mentally and emotionally prepared for it. Hire a good contractor for the loading and unloading of goods well before the day you are supposed to move out. Make sure you do not leave anything valuable behind.