No, every era has or had its challenges. Knowing all the factors that make a sale easier and more secure is still helpful today.
There are situations in which a property needs to be sold quickly. For example, in the event of job loss, insolvency, or if the interest rates for follow-up financing are too high. In this stressful situation, owners often make mistakes that lead to financial losses. In such a crisis, it is therefore advisable to turn to an experienced real estate professional so that your property does not become a bargain for others.
When time is of the essence, it is often difficult for inexperienced individuals to keep a cool head and make rational decisions. This is especially 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 to know what the right strategy is for selling a property quickly at a fair market price
A professional real estate appraisal is essential here. It forms the basis for analyzing the appropriate target group and determining the price. Only those who proceed with market knowledge, reach the right target group through the appropriate channels, and present a convincing exposé can generate the desired demand.
Here is an overview of the most important points:
Avoid foreclosure
Real estate professionals know what is at stake if serious buyers cannot be found quickly. In such cases, foreclosure is imminent. For bargain hunters, this is an opportunity, as properties are often sold below their value. If the proceeds are not even sufficient to satisfy the creditors' claims, this is unfavorable.
Keep up with important marketing steps even when you're busy
Selling a property quickly at a fair market price is most likely to succeed when real estate specialists who know the local real estate market like the back of their hand take care of it. 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.
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 are unable to justify the value of their property professionally or are unfamiliar with the local real estate market and the factors that influence its value.
Contact a professional
As a local market specialist, we know what matters in a short sale. We know the real estate market in your region and how to determine the value of your property. We take care of obtaining the documents relevant to the sale, market your property to the right target group, and confidently negotiate the price.
Are you in an emergency situation and need to sell your property?
We will ensure a quick sale and make sure that you do not suffer any financial losses due to the rush! Contact us. We will be happy to advise you.