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How to sell your property for up to 10 % more

How to sell your property for up to 10 % more

Now is not a suitable time to sell. This is a statement some experts agree on. Not only mortgages but also property prices have risen across the Czech Republic. Many buyers are now postponing their purchase because they expect prices to fall. As a result, demand for properties is declining and each property has fewer prospective buyers. Some sellers are therefore offering discounts. However, that does not have to be your case – a property can be sold above its market value.

How can you sell a property above its market value?

This is a question that many sellers have struggled with. The answer lies in experience in property transactions and real estate agencies. You pay the agency a commission for its services, but if you choose the right company, you can achieve a better sale price. Our data show that, on average, we sell properties for 10.4 % more than their market value. We achieve this through our know-how, a well-chosen sales strategy and the tools we use to promote and present properties.

A successful sales strategy

How can a sale through a real estate company be more profitable? There are four keys to success.

  1. The right strategy. Selling a property is not just about taking photographs of the rooms and then publishing them on one of the online platforms,
  2. you need to communicate with buyers,
  3. find out the state of the relevant market,
  4. find out what is in demand.

How successful and profitable a sale will be is also influenced by access to non-public price maps for the given location, which enable the company to determine the price range. In private sales, prices often fall outside this range, resulting either in a sale below the purchase price or a lack of buyer interest.

How do you reach potential buyers?

Advertising, marketing, viewings. All prepared to the highest possible standard. Nowadays, only a small number of sellers rely solely on in-person viewings. Buyers are used to choosing online, which is why it is important to have the property professionally photographed and to offer a virtual tour or video tour.