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Guide to Real Estate Sales: Selling Your Home in Portugal Before putting up a ‘For Sale’ sign outside your front door, make sure that you research the housing market. If you are considering selling, and selling at an optimal price in the current volatile property market, then preparation is essential. Selling a property may turn into a very complex and specialized process. It is not for amateur and unreliable seller! Below are some of the most essential factors to keep in mind when you want to sell your home in Portugal. Do Upgrades Keep in mind that the return on investment on home improvements is mostly lower than 100%. While a remodel undoubtedly adds value, it is similar to buying a new car that depreciates in value as soon as you drive it off the dealer’s lot. Hence, even though it is advisable to do small upgrades such as replacing the kitchen sink faucet or updating an old water heater, we do not advise doing any major remodels. If you have an extremely dated kitchen or bathroom, it is possible that you will earn more by just discounting the asking price.
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Fix and Clean
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Conduct any minor repairs needed such as holes in walls, broken door knobs, cracked tiles, torn or worn out carpets. Many buyers want to move in without making a lot of changes, so keep this in mind. Clean everything until it glistens. Make sure that there are no limescale, clean and repair tile grout, wax wooden floors, make sure there are no bad scents, break out some fresh towels. This will enable the place to be more charming and will allow viewers to visualize themselves living there. Clean up the garden: cut bushes back, remove lichen and dirt from the patio and furniture, and cut the grass. Despite the fact that this does not add a lot of value to your house, it makes it easier to sell because buyers can see themselves using the garden. Find a Real Estate Agent The right agent can assist you in selling your existing home quickly. The wrong agent can mishandle the transaction, leaving you at a loss financially and nowhere to call home. Notwithstanding the high stakes, many buyers and sellers do not take the time to warily pick an agent, whether they’re buying or selling. Real estate agents are a crucial aspect of the selling process, and can give you amazing insights and experience. They also help you prevent of the stress from the process – helping you concentrate on the more vital things. Check out 2 or 3 real estate agents; do not hire the one who guarantees the highest price.