Created : 23 Jan 2024
Want to sell a second-hand house for good? What do you need to know?
Buying an old house and renovating it into a "second-hand house" for resale is another form of investment in real estate that gives high returns. However, it is also a good opportunity to create good and stable income. But the process of selling second-hand houses There are details that need to be paid attention to. in order to be successful in achieving the goals The things that you need to know and understand well before investing in selling a second-hand home are: are as follows
1. Know the quantity of second-hand houses that are for sale in the market.
We're not the only ones who see the opportunity to sell used homes. That makes it possible to survey how many competitors there are in the area where you want to sell second-hand houses. And what is the announced selling price? Therefore it is very important. In order to plan and set the price to have the greatest chance of selling, this is based on survey data from the Real Estate Information Center at Collecting data from second-hand home sales announcements through the second-hand home market website in the 4th quarter of 2020, it was found that detached houses and semi-detached houses had the highest number of units for sale, followed by condominiums, townhouses, and commercial buildings, with Bangkok being the province with It has the highest number of units for sale, followed by Nonthaburi, Chonburi and Samut Prakan. respectively, where houses in the price range of 3-5 million baht are the price range with the most announcements for sale. That we know this information It will help you plan in choosing a location. Choose the type of second-hand house and set the selling price effectively and have a greater chance of selling successfully
2. Know the demand for second-hand houses.
You already know your competitors and what types of second-hand houses they sell. Where is it sold and what is the approximate price? Another thing that we need to know is that Know how many people want second-hand houses. Because the more we know the needs of our customers, The more opportunities there are to respond in a way that makes it easier to sell. By information on transfer of ownership of second-hand homes In the 4th quarter of 2020, from the Real Estate Information Center, it was found that second-hand houses with a price not exceeding 1 million baht had the highest number of transfer units, followed by 2-3 million and those with a price of more than 10 million baht, respectively. which if considering the amount of transfers It can be assessed that If we want to invest in a second-hand house, let it be released as quickly as possible. The price level below 1 million is the price range with the greatest demand. and has the greatest chance of success easily
3. Know how to conduct transactions legally.
For those who don't have enough cash Investing in selling second-hand houses You will have to apply for a loan from the bank. which must be carried out in accordance with the law In addition to our financial status Inspection of the home you are purchasing is also important. You must check that the house does not have a mortgage. And look at the name of the seller and the owner of the deed to see if they are a person. same or not Because if the names don't match It may be a scam to sell other people's property. and when the loan has been approved by the bank In making a contract to buy and sell It is necessary to check the details and prices listed carefully. In order not to make mistakes and have problems later.
4. Know how to repair and improve a house to be ready for sale.
It is another important step in investing in buying a used home for resale. Because we need to look for an old house to decorate to make it look new. and sell it at a cheaper price than a new house But there is profit from investment, so renovation is a very important step. that even we don't know how to repair But you must know how to find a technician to repair it. Cost Price: You must pay careful attention to details when comparing the prices of decorative materials. Because the better you can control costs, the better. The more likely you are to make a profit from selling second-hand houses, the more second-hand houses will never be easy to sell. If it has not been decorated and repaired to look as good and livable as a new house.
5. Know how to advertise for sale and do marketing.
Nowadays, the online world is considered an important help in increasing the opportunity to make more sales, so relying only on posting offline noticeboards in the village area. Therefore it is not a very good solution. Because we are able to post announcements for sale online on various announcement websites. The more announcements we make, There will be an opportunity to make it accessible to customers. and saw the announcement Only a lot of us Including the fact that we have to decorate the pictures used in sales announcements to be beautiful as well, we have to think about the "heart of the customer" and think about the needs of people who want to buy a house as much as possible. What does he want? Then post an announcement and write a description. Post pictures to meet the needs of people wanting to buy a home as much as possible. It will help us have the opportunity to sell more easily.Home is a dream that everyone desires. Which doesn't always have to be a new home. Because second-hand houses are in perfect condition. Beautiful and ready to live in There is a reasonable price. In a good location It can answer living needs equally well. Therefore, investing in selling second-hand houses Therefore, it is a good opportunity to generate stable income. If you study the details and pay attention to every step, carefully researching market needs It will give you an opportunity to succeed easily.
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