It depends on the initial situation. Many foreclosures can be avoided and even stopped. As real estate professionals, we know how to quickly identify the right solutions.

Distress sale: How to prevent your property from becoming a bargain
When time is of the essence, it is often difficult for inexperienced individuals to maintain a clear head and make rational decisions. This is particularly true in real estate, where the market is changing so rapidly. In the current situation of high inflation and potentially rising interest rates, it is not easy for laypeople. What is the right strategy for selling a property quickly at a fair market price?
Avoid foreclosure
Real estate professionals know what is at stake if no serious buyers can be found in a short period of time. In that case, foreclosure is a real threat. This is an opportunity for bargain hunters, as properties are often sold below their value. If the proceeds are not even sufficient to satisfy the claims of the creditors, this is unfavorable.
Keep to important marketing steps even under time pressure
Selling a property quickly at a fair market price is most likely to succeed if you hire a real estate expert who knows the local real estate market like the back of their hand. Inexperienced real estate sellers sometimes skip important marketing steps because they feel that they take too much time. However, this often has the opposite effect and the sale drags on. Hardly any interested parties come forward. And if they do, they have very low price expectations.
That is why a professional property valuation is essential. It forms the basis for analyzing the appropriate target group and pricing strategy. Only those who proceed with market knowledge and the right strategy, reach the right target group through the appropriate channels, and convince them with the property listing can generate the desired demand.
Keep a cool head during price negotiations
With the current high demand for real estate in many regions of Germany, many owners are in a good negotiating position. However, they repeatedly squander this advantage because they cannot justify the value of their property professionally or are unfamiliar with the local real estate market and the factors that influence its value.
Turn to the professionals
An experienced local real estate agent knows what is important in a distress sale. They know the real estate market in your region and how the value of your property is determined. They take care of obtaining the documents relevant to the sale, market your property to the right target group, and confidently negotiate the price. This ensures that your property is sold quickly at a fair market price.
Are you looking for support because your property needs to be sold quickly? Contact us! We will be happy to advise you.
Notes
For reasons of better readability, the generic masculine form is used in this text. Female and other gender identities are expressly included insofar as this is necessary for the statement.
Legal notice: This article does not constitute tax or legal advice in individual cases. Please have the facts of your specific case clarified by a lawyer and/or tax advisor.
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