Your guide to a successful and reliable real estate sale – steps you should always keep in mind:
Looking for and Appointing a Real Estate Expert
Choose a real estate broker you trust. Look for many years of experience. The better the broker’s contacts in the industry, the quicker talks with potential investors will occur.
Real Estate Property Assessment
The evaluation of your property requires long-term experience and market insight. This ensures the correct appraisal of your property.
Define Buyer Target Group
Take some time to think about the buyer target group with your broker and define your market positioning strategy before you put your property on the market.
Prepare Purchase Documents
Your broker must prepare the following documents as part of the selling process and create an informative sales listing:
- Check the construction files and inspect the current condition of the property
- Inspect lease contracts and the legality of the rent payable
- Assess the commercial yield situation
- Get a good overview of the tax situation
- Identify and illustrate potential for value increases
- Point to any potential liabilities
Contact Relevant Potential Buyers
The selected purchase target group should be contacted actively using the sales information and listing compiled previously and be shown the property.
Verify Parties Interested in Buying and Negotiating and Agreement between Buyer and Seller
An agreement is reached and documented in a binding purchasing offer in a personal meeting or via your real estate broker, depending on the number of binding purchasing offers made. Furthermore, a lawyer or notary should negotiate and prepare a draft purchase contract.
Notarial Purchase Contract
The notary can protect you from unpleasant surprises, find out more.
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