The housing market is a roller coaster, with the current situation property prices have soared high and there is less demand in the real estate sector of Sri Lanka due to the price increase and the interest rates of loans.
But if you are a smart seller, you can still try out some tactics that could create a buzz around your property. Atleast get some much needed attention so that when the time is right in the market conditions, you would be able to sell faster due to the awareness and interest created in advance.
PRICING LOWER THAN THE MARKET
First Price your home lower than the current market price and even though it sounds risky, it is sure to grab the attendtion of potential buyers. Site visits to view the property by interested parties and agents would be bit higher in the initial stages. You could use this as a tool to very slowly increase the offers. Of course this tactic works only in certain markets. So do check with similar properties around your area and ask for advice from professional agents too.
SET A DEADLINE FOR OFFERS
Inform and create much awareness on the deadline for offers. But only do this when you are priced correctly. A deadline will put pressure on really interested parties to get their final offers.
FOCUS ON THE FIRST IMPRESSION
Make your home desirable to those interested parties by attending to any minor repairs, cleaning and tidying the house and maybe a new paint and some décor. See if its possible to replace the old windows and doors with new good looking ones. A bit of landscaping too can go a long way.
TAKE DIFFERENT PHOTOS WITH DIFFERENT VIEWS
A picture is worth a thousand words, so make the them count. Low angle photography, Medium shots and Dutch angle etc could play a major role specially with corner shots and provided the photos are crisp and clear.
LIST ON ALL THE LEADING REAL ESTATE LISTING WEBSITES
Do not miss on listing on all the real estate listing websites that already drive major traffic daily towards their sites. Being on all the major sites really help you to get the best attention.
HIRE AN AGENT TRUSTED BY MANY
Always get a professional help with highly trusted parties in the market because they are popular due to the good deals they had done between buyers and sellers.
FUEL THE INTEREST AHEAD OF TIME
Start creating positive rumors about the sale of your home well ahead of time. It helps to create a little frenzy because people want good stuff at good price.
