Tips How to Sell/ Buy Property in London
Being the hub for all things global, buying or selling property in London is a growing business of real estate agents. Luckily, where there is supply, there is always a good demand. If you are looking to buy a good property in London or if you are looking forward to selling your property for a good price, there are some market hacks or tips you need to know about.
For Buyers
- No one ever gets something for a good price by seeming far too interested. You need to keep your poker face on through the deal. That does not mean you don’t smile at all. Be very friendly with the realtor but at the same time don’t give away your excitement in considering the property.
- Always have a fixed budget line and then some more boundaries that you might push, should you find a place that is a lot better.
- Do not sign any agreements or contracts before you get someone from your side to check the property for any repairs etc.
- If you like a place put in a good deposit on it as soon as possible. Chances are there will be more people in your exact financial position who are willing to pay the same amount or more amount for the place.
For sellers
- Never let out how badly or how quickly you want the property to be sold.
- Speak to a real estate market analyst and decide on the right selling price for the property after cutting down on other expenses such as repairs, maintenance etc.
- Keep your contracts thoroughly written and clear about any terms and conditions.
- Before the buyer comes with his man to estimate the damages that might reduce the overall selling price, get an analyst of your own and double check the information.