REAL ESTATE AGENCIES IN A MEETING.
*Real estate agents share their top advice for a quick sale
THE real estate industry in Tanzania is one of the country’s fastest growing industries. This means that although the demand is high, the competition is also just as fierce. In order to be able sell a home fast in this competitive market, Lamudi Tanzania shares five tips for industry experts to help sellers attract buyers and get a good price for their property.
Amadeus Raphael, Managing Director of Rango Bridge Real Estate, said: “If you plan to deal with the real estate market in 2015, there are some things that you should accept. There are many changes from the previous market, which include the increasing number of real estate agencies, and providing quality and affordable apartments to consumers due to so many projects in the upcoming cities like Mwanza, Morogoro and Kigamboni in Tanzania.”
1. Prepare your house for the market
When a buyer is looking to purchase a property, they are looking for good value for their money. Small inconveniences such as cracks in the walls, rusted pipes, and chipped tile floors can all give your home a negative view. In order to receive a good price for your home, you need to make sure it is presented in its best light. Keep your property clean and appealing. Invest a little in fixing up your property before putting it on the market, First impressions always country.
2. Brighten up with good lighting
Real estate agents insist that good lighting is key to showing off your property. Lighting also brings a cheerful, warm and lively atmosphere to the home. If your home viewing is during the day, try and avoid using artificial light and instead opt for natural lighting. Keeping curtains open and open the windows. If the viewing is at night, artificial lighting can be used to enhance the furniture and décor of the home.
3. Do thorough research when pricing your property
One of the most important things when pricing your home is to research properties that are similar to yours, as well as surrounding properties in your area, to make sure your price is not too high or too low in comparison. When pricing your property, always allow room for negotiations so that you can agree on a price that both the buyer and seller are happy with.
4. Take the home out of your house
One of the most important things to do when selling your home is to de-personalize it. Get rid of at least a third of your belongings – put it in storage or store it at a friend’s house. The more personalized your home is, the less a potential buyer can imagine themselves living there. Things that you can get rid off for example are family photos, personal keepsakes, and memorable collections of any sort. Remember to stage your house in a way that best showcases the floor plan and enhances the use of space.
5. Have an agreement ready
Have a sales agreement ready before putting your house on the market with details outlined what you are offering your client and what you are expecting in return. If you are only renting your home out, make sure to include that in the lease agreement. Also, state what amenities are included and also state whether or not you are going to have a payment plan. If you to prefer to make it official, have a solicitor legalize your document to make sure everything is set in stone.
ENDS.
ABOUT LAMUDI
Launched in 2013, Lamudi is a global property portal focusing exclusively on emerging markets. The fast-growing platform is currently available in 32 countries in Asia, the Middle East, Africa and Latin America, with 80,000 real estate listings across its global network. The leading real estate marketplace offers sellers, buyers, landlords and renters a secure and easy-to-use platform to find or list properties online.
ABOUT AIH
Africa Internet Holding introduces and accelerates the online shift in Africa – for its people and its culture. It is committed to running successful and vibrant internet companies which boost the evolution of African online culture. AIH is the parent group of nine successful and fast-growing companies in more than 25 African countries, accounting for over 3000 staff. AIH cares about entrepreneurship and brings together all the key elements required to build great companies: team, concept, technology and capital. Its network of companies includes JUMIA, Kaymu, Hellofood, Lamudi, Carmudi, Zando, Jovago, Lendico and Easy Taxi.
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