Selling houses in Lagos can be very competitive. While some sellers put up houses for sale and get buyers quickly, others put up houses that stay long in the market without really attracting buyers.
Although some of the factors responsible for the delay in getting buyers could be economic situations and unforeseen circumstances. However, some mistakes can be avoided so as not to lose buyers. Some of them have been explained in this article.
One major mistake some sellers make when selling houses in Lagos is setting unrealistic prices. Whether you’re trying to sell a house yourself or with the help of an agent, setting the right asking price is important.
The price aspect of a sale can be tricky because a seller always wants the highest price to be paid while the buyers want to pay the least amount. After all, is said and done, as long as your price is realistic, the buyer will negotiate and end up in the middle.
Another mistake some property sellers in Lagos make is not advertising online. No matter how confident you are of your property, we are in a digital world right now, and the advantages of using the internet cannot be overemphasized. Gone are the days when sellers in Lagos use print media for advertising properties for sale or hope on referrals from people; using listings sites or real estate portals is a great start in ensuring you do not lose prospective buyers.
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The issue of hiding problems or not fixing problems in the house properly: A choice has to be made here. As a house owner or an agent, you either spend money and properly fix any problem in the house, such as tiles, windows, whatever it is, or you let the buyer know that these problems exist in the house. This would relieve the buyer of any disappointment and save you from losing a buyer as well.
Bad Listing pictures can also make you lose prospective buyers. As a seller, the pictures of the house in Lagos you want to sell should be crisp and clear. It is advisable to take such pictures during the day using natural light and a good camera. Good pictures would help showcase the house’s best assets, attracting ideal buyers. Apart from pictures, you can add videos to your listing to entice potential buyers. Live videos might even help you get more offers.
Not hiring an Agent or Hiring an Inexperienced agent. Some house owners believe they can sell their house themselves. This might end up not working well; it is better to hire an agent because they already know how it works. Selling houses in Lagos can be tricky. Experienced agents know how to negotiate effectively and the general terms of closing house deals.
When you decide to hire an agent, you should hire one experienced. There are so many real estate agents in Lagos, be careful when choosing. It might also be tempting to hire someone you are already familiar with, such as a friend or family member, but you should ensure that the person is an experienced real estate agent.
