When you decide to
advertise your property for sale the most important time
is when it first 'hits' the open market. This is a time
when you should receive the maximum amount interest from
Ensuring you target the
right audience for your property is imperative and
something many Expats get wrong when they wish to sell
property in Portugal. Unless you want the details
of your property for sale to lounge on the books of an
estate agent overlooked by clients, or worse still on
the internet on the unending list of websites offering
free advertising, then you must be careful with whom and
where you advertise your property for sale.
Although you may wish to
save yourself the trouble of paying estate agency fees,
which can be as much as 5% for some franchised agencies,
this may mean your property takes longer to sell.
Choosing the right estate
agent is important and could mean the difference between
achieving a relatively quick sale or becoming
increasingly frustrated with little or no viewings.
Like in the United Kingdom
choosing the right estate agents is important. Think
about the market your property will appeal to and choose
the agent who is able to provide you with the right
clients for your property.
Make a list of the
estate agents in your area and
invite them to provide a valuation on your property
letting them know you are in mind to sell. Getting one
or two good agents along will help give you a better
understanding of how quickly your property will take to
sell and also what is a realistic, achievable figure.
Don't be seduced though by
unrealistic prices as your property could lounge on the
market for months and years without even a viewing if it
is not priced correctly.
the most important things to consider when you are
thinking of marketing your property for sale is the
price. Although you may have an idea of what your
property is worth marketing it at the incorrect value
could mean your property lingers on the books of estate
agents and advertising websites for months, sometimes
years without attracting any viewings.
estate agents in Portugal will be able to give you a
good idea of the price your property should be marketed
at to attract interest and ultimately a purchaser.
However if you choose to ignore this advice and choose
to market the property at a higher figure don't expect
to find hundreds of buyers beating down your door if
there are other, similar style properties for sale in
the locale for less money.
Although you will be
emotionally attached to your home, potential buyers will
be looking for the best possible deal for them so you
will have to ensure your property is competitive in the
Portuguese property market.