Every property owner will ever have an idea how to sell it profitably. On the Internet, you will find enough information on how to buy an apartment, and few people talk about selling. Let's see how you can sell your apartment or villa in Phuket in a short time and get the maximum profit.
- A correctly chosen liquid object is the key to a profitable sale. We analyzed all the details in great detail in the article "How to choose an investment project?". Let me remind you of the key criteria: location, professional management, availability of a separate license, profitability programs, uniqueness.
- Pre-sale preparation. Good quality photos and videos are required to list and promote your property. To do this, you need to hire a professional photographer and a cleaner, remove personal belongings, and, if necessary, make cosmetic repairs. I can confidently say that a high-quality picture of the condition of the apartment will allow you to raise the cost by several thousand dollars, since potential buyers are much more willing to react to a pleasant picture than to a photo where the owners’ personal belongings are scattered in the background.
- A good description of the object. It is important to write a detailed description of the apartment or villa and highlight all the benefits. District, area, floor, view, design method, distance from the sea and significant objects. For example, if there is a playground or a jogging track near your house, be sure to mention this, as this can be a decisive factor for a potential buyer. It is also necessary to indicate information about the profitability of the object - how much you earn and how best to rent it.
- Determination of the market price. In order to correctly set the price, it is necessary to analyze the real estate market, compare prices for similar apartments and villas in your area. You also need to take into account the cost of re-registration. Let me remind you that if an apartment is bought in Freehold, then the maximum rate will be 6.8%, in Leasehold - 1.1%. We include the agency commission in the price, and we get the final price of the property.
- Exclusive contract with a real estate agency. To prepare documents, search for buyers and comply with all of the above recommendations, you will need a real estate agency that has experience in transactions in the secondary market. An exclusive contract will definitely remove all worries from the seller. In this case the agency will be your trusted one, and the search for buyers, interaction with other market participants, impressions, and price negotiation fall on its shoulders. In the case when the object is sold by all the agencies of the island, there is often no person responsible for cleaning, the price is inflated, and shows to potential buyers are disrupted.
Let's summarize: A liquid object at a market price, with proper promotion and preparation, does not linger on the market. And an experienced real estate agency will help make the sale process pleasant and fast. For more than 10 years we have been selling real estate in Thailand and have completed over 350 transactions in the secondary market, so we know all the details, features and specifics.
