Monday, March 2, 2015

How to get more from the sale of your home in Kenya real estates

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

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