A home is
undoubtedly one of the most valuable assets for a vast majority of Kenyans and
selling it is likely to cost lots of money if you play your cards right. The
Kenya real estates market can be a tricky one for beginners who do not know
their way around and you could end up running at losses if you are not careful.
Kenya real
estates Agent fees vary, so look around for favorable fees. You should aim for
1% commission, also push them to limit the tie-in period to not more than 6
weeks, this gives them enough time to sell the house, but if they can’t you can
move to another agent without dealing with several agents which will increase
the fee to about 3%. Ensure you get a fair valuation; never tell an estate
agent what other agencies have valued your home at. They will use this to
manipulate its offer, often resulting in wide distortions.
It is false
economy to go for the cheapest solicitors, so get recommendations from all the
estate agents you speak to and remember to ask for the name of specific people,
rather than just the legal firms. Give them a call and ask what their charges
are, also note whether they are friendly, helpful, and most important efficient?
Fees are usually negotiable so bargain. Play off each one against the other to
get yourself the best service at the best price.
Selling you
house privately can save you lots of money. Most home sellers are now taking
the DIY (Do It Yourself) route which could save you thousands of shillings.
That is a massive money saving tip, but there are a couple of disadvantages
like time wastage. You could consider newspaper advertising, flyers and signs.
Newspapers usually charge per line or per word so try to keep your advert as
brief as possible without making it uninteresting. The simplest way to sell
your house yourself in the Kenya real estates is to use one of the many online
house selling services.
Obviously it
is best to sell your house when the market is strong and demand is high, so
keep an eye on the local property market. Generally, the market tends to be
stronger earlier or later in the year, so aim to sell your house then.
Research has shown that a poorly presented house
can take longer to sell and may reduce the price by a wide margin. So do some
repairs like painting to give
No comments:
Post a Comment