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Singapore Property Tips
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Property business in Singapore
You have to evaluate all the offers you get, very closely before you make your mind on one. Do not feel pressurized to accept an offer, take good amount of time to go through it, in case you do not like, convey the same to the buyer and make a revised offer to the buyer, if possible, otherwise, put it down. Do not accept an offer just because it is from your close friend or the agent, who is organizing the sale, thinks it’s great. While checking your benefits, do not go obsessed on a particular price tag as the selling of property is also dependant on the market rate, interest rate of property finance. The sale and purchase decisions should be made by carefully evaluating all the policies. The deals should not be closed without considering the issues involved in detail. These steps will help you in making the right kind of decisions. Real estate business in Singapore is a very profitable business for all those who know how to make money through investment in property. You need to be really careful in this regard.
In case the interest rate is high then you may have to deduct some thousand from your expected price tag. Let’s say you do not like the offer and you make a counter offer, there is some key point one need to keep in mind while doing so. Have logical justification while making the counter offer and make sure that the justifications are communicated and understood by the buyer. Do not come across as adamant but explain your stand why you are making the offer.
This is advisable to do face to face as you can read their mind and motivation level. Make the buyer feel like a winner by giving away ‘small – things’, this would make the deal close faster and you can save lot of your time from ‘property – visitors’. Once the sale is legal make a list of the intangible features of the property, these will prevent future conflicts and litigations. Before signing the dotted line, the buyer may start acting indecisive as they get easily influenced by friends who discourage the deal and also any misunderstandings with the seller during the deal pursuit. The summary is, once you have a good price, make the sale legal.
Billy Chen
CEA Registration Number : R029372I
Tel: (+65) 88689999
Fax: (+65) 64021826
billy@billychen71.com
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