Your shopping cart is empty!
Are you looking for tips to sell overseas property fast in 2016 and 2017? At the time of this writing, it does look like the market has recovered from the shock of the Brexit referendum.
The sterling has stabilized against the euro. 1 British Pound is currently worth 1.17 Euros. This is still a lot lower from the pre-Brexit levels, which means you stand to earn a nice profit on the sale of your overseas property in Europe.
Keeping this in mind, here’s a quick guide to selling your overseas property in 2016-2017.
The Price is the Key
It is absolutely important to set the right price. This can make all the difference between getting your property sold or not. Now, you may be tempted to set a high price for your overseas villa or apartment with the hope that a wealthy cash rich buyer from emerging nations such as China and Russia wouldn’t mind paying an over the top amount for it.
But don’t kid yourself – international property hunters from China and Russia are very smart and sophisticated buyers and they will certainly not spend more than what your property is truly worth. So set a price that is similar to what comparable properties in the area are selling for. Talk to your agent about this. That brings us to the next point.
Hire the Right Agent
Now, you can always choose to hire a local agent to sell your overseas property, but do they really have the expertise or contacts to negotiate with cash buyers from China, Russia, Ukraine or Singapore? You need a UK estate agent who specialises in selling or buying overseas properties. You need an agent who has an extensive network across Europe, Asia and the Middle East and is an expert at online marketing. We talks about online marketing next.
Real estate marketing is no longer the same as it used to be in the past. Today, marketing a property is not about posting flyers in the neighbourhood any more. It’s about using the power of pay-per-click advertising, Facebook Ads, Twitter marketing and video marketing, to name just a few. It’s about promoting the property in Chinese, Russian and Middle Eastern property portals where you’re likely to find interested buyers. You have to go where the buyers are, you cannot wait for the buyers to come to you. It is very important to be proactive.
Presentation of the property is just as important as the points discussed above. Have pictures of your villa or apartment taken by a professional photographer or videographer, someone who knows what they are doing. Make sure that the house is all freshened up and looks at its best. This means renovating the kitchen and the bathroom, repainting the house and cleaning up the garden. Great photographs create a big impression and could well make all the difference to your house getting sold.
Finally, find out if your paperwork is in order. You wouldn’t want the sale to collapse at the last minute during the negotiations because you don’t have all the documents with you. Do contact us if you would like to know more.
Contact the experts today to sell overseas property fast in 2016 and 2017