Credit : https://www.michni.com/blog/public-suggestion/house-for-sale-in-islamabad/
If you want a successful property sale/ deal requires both the seller/ owner and the real estate agent to be on the same page and understand each other needs and demands completely. This understanding is only achieved by asking the right things at the right time or we can say before the deal.
Ask these important questions to your real estate agent when selling a house or other property in Islamabad, Pakistan. Also, you need to make sure your property sale closes quickly and smoothly with mutual interests.
By asking these questions, sellers or owners of the house can ensure that they have chosen the right property dealer in town, while agents will get a better insight into the sellers’ needs and requirements. This can also help agents find another suitable property buyers for the seller.
Important Question you need to Ask from Your Agent
Bringing your house for sale in Islamabad in a real estate market is one of the crucial steps. As a seller, you already know a lot about how the real estate industry operates and how the majority of the real estate agents work. However, it’s always a good idea to know a little more, and nothing should stop you from interviewing or asking your agent before finalizing who you want to work with:
What is your average commission fee?
Have you made any successful sale in the same area before?
What is the best time to sell?
How and where will you advertise my property?
How much time do you need to take to sell a house?
The best way to consider these important things through a meeting at their office or your own place in detail. It is also acceptable to interview your agent over the phone if you cannot manage time for a face-to-face meeting, you can also check their previous performance to visit their area.
1. What is your average commission fee?
It is the same as we buy something from the store until or unless we are sure about its price, the same goes for the commission fee of real estate agents. It is absolutely necessary to talk about the charges/ commissions at the beginning to avoid any misunderstandings or quarrels after the sale.
As a piece of general information, real estate agents in Pakistan usually charge a small percentage of the agreed selling price for your home. The percentage can vary from city to city. The rate of commission for the house for sale in Islamabad and other residential properties in Islamabad is around 1 percent of the total property value. However, some agents also charge between 1–2 percent, depending on the mutual agreement or seller and agent.
2. Have you made any successful sale in the same area before?
It is equally essential for you to be familiar with the area your residential property is living in. However, it doesn’t mean, if the agent hasn’t sold any properties in your area over the last couple of months. You should be sure that they are active in your local area and have proper knowledge about the local property market.
You should know that property agents are always looking to expand into new areas, and sometimes the market is a little flat, and there are zero or fewer opportunities in certain areas.
Simply an expert dealer or agent knows very well how to put their fingers on the pulse, and they can comprehend the market demand and how the supply is. They can easily put your house for sale in Islamabad in the local area and on-demand mode for other buyers.
But, then again, why is it important for you to know if they have made any sales recently? Well, an agent who has recently sold properties in the same area can bring many advantages to you. For instance, they are more likely to have an account of people who are in search of a property like yours in that particular area.
3. What is the best time to sell?
It is one of the handiest questions to ask your real estate agent or property dealer before putting your house on the market. Real estate agents will not tell you this, until or unless you ask. Fluctuations or changes in the real estate market trends are real, nobody will tell you the right time exactly.
While it will take you a little longer than usual to comprehend the market, your agent knows it very well and it will also change from city-to-city or area-to-area. You need to understand it quicker, it will only take a simple question to understand whether it is the right time to sell your house in Islamabad or you should wait a little more.
Property agents or real estate agents are experienced than you. You can learn from their knowledge bank and ask them for some suggestions to make your house for sale in Islamabad a little more appealing for the market in the meantime you wait.
4. How and where will you advertise my property?
As a property owner, it is your right to know where your estate agent will market or advertise your property or house. You should need to suggest your agent some very professional websites and real estate portal in Pakistan.
The most popular option among several property dealers is Michni.com which is the easiest and convenient option for property agents to advertise your property and get the number of potential buyers within a few days. You can ask them to use property apps for advertisement and online property portal to target local clients or buyers.
5. How much time do you need to sell a house?
It is a very important and crucial question to ask from your real estate agents that how long they took to sell your house in Islamabad or any other city where you’re living in. Some dealers or real estate agents easily sold your house without any difficulty while others find multiple hurdles to sell-out houses at a decided time.
Nobody would want a house that has been on the market for more than usual. It is quite crucial, but a seller needs to ask the agent about the average time of selling a house. You should be aware of when the offer is going to stale. It will also help them find another house and plan their moving process accordingly.
These are few very important and crucial things or questions to consider before selling property through agents. I hope you would love these points and be aware next time and keep them in your mind before selling your house, shops, apartments, and plots through agents.
Visit Michni and find many professional real estate agents from your area, who will help you to sell your property in Islamabad, Lahore, Multan, and Rawalpindi.
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Thank you for sharing valuable information. Capital Smart City Islamabad is another project which aims to provide a modern lifestyle to the residents of Twin City.
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