If you are thinking to sell your home, apartment or your business plaza on your own, you can definitely do, so first, check the market to get a good idea of your property’s value. You must pick the right price when you are selling your property or business unit in current real estate market.

Pricing is key in a buyers’ market. Homes and apartment flat prices in Pakistan are mainly steady or lower and unsold properties are forcing real estate builders, homeowners and investors to sell their properties much below in current market or hold off for better forecast.

Considering the right price for your property in the current market could make a big difference for buyers and for yourself. Overprices can lose the brightness of your property. Your local real estate agents are much better at figuring out the correct price as they may have current comparative market values. Though, accurate statistics are yet to be integrate in Pakistan’s real estate industry.

Don’t worry about setting the price range a little low for your property or below the current market, as you may receive quick offers for your home or business unit. Setting a price too high could take a longer time to get a buyer’s attention. You would clearly receive more inquiries and offers if you have set a reasonable sale price and can easily choose among all the offers you have and go with best one.

Real estate is normally the largest investment by Pakistani family so research on recent sold properties in your area and cities to better understand the price trend. In many cities, the property prices are very high, but rentals are quite affordable to move in quickly.

 Everyone’s idea of a dream home may be different. However, most homebuyers end up stretching their finances beyond their limits. If you consider the high-class area, you will be impacted to change your lifestyle and expenses as well, but your nest eggs may not change overnight. Negotiate with your home seller and calculate all your financial options carefully.

Some builders and developers are offering pre-launch deals and have lowered the prices to attract the platform. They are also focusing on affordable housing projects and hoping prices will improve significantly once transparency and taxation in the real estate business is fully understood and implemented.

 

                                So, if you think property, think SabzProperty.

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