Why your property is not sold: 5 possible reasons
The properties of “Atlantis Bulgaria” are an excellent long-term investment, which is why they are going through a process of resale by their new owner.
Of course, this is an endeavor with guaranteed success, due to several reasons - the attractive locations, the high quality of construction, the functional distribution and the traditionally stable growth of the real estate market, the infrastructure in the residential complex. The subsequent maintenance that is carried out in the common parts of the complex (facade, roof, etc.) should not be underestimated.
And yet - sometimes the sale does not happen as fast as the owner expects. What could be the reasons for this – we will tell in the lines below.
Low price, high price…
The price is the main criteria when selecting a property and this is a fact that we can hardly dispute. When it comes to pricing, there can be two mistakes: too high and a too low price.
- The unjustifiably high price per square meter makes the offer unprofitable and forces the potential buyer to look for other alternatives.
- Although tempting, the price below the normal market values raises doubts that the property has hidden flaws that are not openly communicated.
In other words: the most sensible thing you can do is to stick to the market prices, according to the type, location and condition of the property.
Amateur or professional presentation?
If your property was purchased by “Atlantis Bulgaria”, it certainly has the qualities that buyers are looking for. It remains your responsibility to present them in a systematic, understandable and accessible form.
Although it might sound easy, it is not always so easy for non-professionals in the field. The professional presentation of the property requires the provision of details about the location, the materials used, the surroundings, the furniture and the finishing works - details that we have in 100% completeness.
Marketing and advertising
Sometimes advertising a property for sale in the online platforms is simply not enough.
To reach potential buyers, you should engage in very good marketing - in social networks, search engines, or in the real estate network.
This endeavor has its specifics - design, text, targeting and budgeting. The more in-depth the trader's knowledge is in these areas, the greater the chance of a quick and successful sale.
Legal and accounting assistance
Our experience in the real estate trading clearly shows that most buyers need specialized legal and accounting assistance in connection with the real estate deal.
In this line of thought - if this help comes from the seller, it increases both his authority and the pace at which the deal could be done.
Organizational process
Of course, you should also consider the purely practical details of the sale and the extent to which they are organized in favor of the potential new owners. These processes include, for example:
- Speed of organization and conditions for conducting on-site viewing;
- Speed and quality of organization of bilateral accounting and legal relations;
- Support in the process of crediting and financing the deal;
- Organization of the deal between the parties, etc.
Our advice? If you think that these processes are beyond your means, look for the right partner who can support both you and your potential buyers.
For its 14-year history, “Atlantis” Bulgaria has over 1,600 successful real estate deals with its own properties, including sales and resales.
Our team can guarantee you full professional support and the fastest possible results when reselling our property. All you have to do is contact us and let us continue to be your most trusted partner!
