9 things before you plan to sell your property

1. Collect your Documents


Collect all link documents (originals or copies), building drawings, encumbrance certificate, sale deed, property tax and electricity bill. Without proper documentation, buyers may think of the property as illegal or they might not feel confident about the validity of the property.

2. Paint your Property


Paint the property walls white because the majority of buyers prefer white as their walls' color. For independent homes, paint the exterior as well.

3. Fix your Property


Fix all plumbing lines, taps and any leakages in the property. If possible change rusted taps and pipes. Make sure your electricial lines, door bells, switches, lights and fans are functional. Hire a carpenter to replace or fix: kitchen cabinets, wardrobes, desks, rusted hinges, door handles, etc. Wood work plays an important role when it comes property selling. Make sure your main door locks and keys of all doors are in place.

4. Clean your Property


Hire professional cleaners to declutter and clean your property. Remove grease from kitchen platform, walls and cabinets. Fix your bathrooms ceiling leakages and shine flooring, wash basin, tub and toilet. Ensure that no rusted stains are in your bathroom. Clean Kitchens and bathrooms can impress the buyer.

5. Pay your Bills


Unpaid property taxes, EMIs on home loan, electricity bills, utility bills often makes the buyer nervous. Ensure all pending payments are clear and a No Objection Certificate from the society is given.

6. Right Price


Setting the right price is very essential for a quick sale. Often sellers start with high and then lower the price after a month or so. If the price is too high buyers will not show interest in your property. Check the prices of similar properties in the neighborhood and come up with a realistic price. Buyers generally see the number of days the property is in the market. So, the longer the property is on online portals or newspaper advertisement, the lower is the response from buyers. The first couple of weeks is very crucial for selling your property.

7. Advertise your Property


Take good photos of each and every room in a sequence and list your property on online portals and newspapers. In addition, hire agents or listing partners to enhance the visibility of your property. Before you hire an agent or listing partner, an upfront agreement or understanding on commission is essential.

8. Arrange Property Viewing


Potential buyers usually visit on weekends and evenings. Arrange viewing of your property during this time. Most of the time, buyers view the property listings and visit the property. Have some flexibility for a quick sale.

9. Avoid Bidding


Do not increase the price once both the parties agree on it. State clearly how you want the deal to happen. Make sure both of the parties are comfortable on the payment mode.
Check our "Property Advice" column on our website for details on sale process.

8 things before you plan to rent

1. Paint your Property


Paint the property walls white because the majority of renters prefer white as their walls' color. For independent homes, paint the exterior as well.

2. Fix your Property


Fix all plumbing lines, taps and any leakages in the property. If possible change rusted taps and pipes. Make sure your electricial lines, door bells, switches, lights and fans are functional. Hire a carpenter to replace or fix: kitchen cabinets, wardrobes, desks, rusted hinges, door handles, etc. Wood work plays an important role when it comes property selling. Make sure your main door locks and keys of all doors are in place...

3. Clean your Property


Hire professional cleaners to declutter and clean your property. Remove grease from kitchen platform, walls and cabinets. Fix your bathrooms ceiling leakages and shine flooring, wash basin, tub and toilet. Ensure that no rusted stains are in your bathroom. Clean Kitchens and bathrooms can impress the renter.

4. Pay your Bills


Unpaid property taxes,electricity and utility bills often makes the renter nervous. Ensure all pending payments are clear and a No Due Certificate from the society is given.

5. Rent it Right


Setting the right rent is very essential for a quick renting. Often owners start with high and then lower the price after a month or so. If the rent is too high, renters will not show interest in your property. Check the rents of similar properties in the neighborhood and come up with a realistic rent. Renters generally see the number of days the property is in the market. So, the longer the property is on online portals or newspaper advertisement, the lower is the response from renters. The first couple of weeks is very crucial for renting your property.

6. Advertise your Property


Take good photos of each and every room in a sequence and list your property on online portals and newspapers. In addition, hire agents or listing partners to enhance the visibility of your property. Before you hire an agent or listing partner, an upfront agreement or understanding on commission is essential.

7. Arrange Property Viewing


Potential renters usually visit on weekends and evenings. Arrange viewing of your property during this time. Most of the time, renters view the property listings and visit the property. Have some flexibility for a quick renting.

8. Lease Agreement


Prepare lease agreement and share the draft with the renter before taking the final printout. Check with your local lawyer on how to legalize the document.