Sottobosco

A Real Estate Is Forever

Property
Property Management

Stepwise Guide To Sell Your Property

Selling a property is obviously much easier compared to simply buying it from someone. However, there are still certain aspects of selling the property that needs careful decision making, needs you to have some traits and attributes, a few skills, and other such factors to do it in the best possible way. We are going to share with you some of the steps that are definitely going to help your sale your property just as effectively as the property for sale in Mauritius for foreigners is done in the past many years.

Find Agent and Research

An agent is a much needed person when you want to sell your property, no matter which part of the world it is located in. Your research about the agent that is successful in dealing with property selling cases in the past must be done very consciously. You are supposed to get in touch with the best one who is certified, have experience of previous work in the same field, and have skills to deal with your case too.

Your meeting with the agent after you find them is important. Before hiring or signing any contract, have a detailed meeting and get everything clear between you two. This will help you smoothly jump to the next step.

Agent’s Commission and Money Token

Well, now as you are sure that the agent you have had a meeting with is the one you want to hire, so now you are supposed to start dealing with the commission and money token for them. It mainly depends on the property you are going to sell through the agent and using that information the commission is calculated. It varies from region to region, and from property to property, etc.

Similar to the property for sale in Mauritius for foreigners, you might need to offer the agent 10 percent of the sale amount, or less than this if you hire some lenient agent for selling your property.

Initial Deposit

When you are selling property, especially a home or a plot, you have to ask for the initial deposit from the second party that is in touch with you for buying your property. Never make the mistake of transferring the property to someone and then get the deposit. You have to at least get 80 percent of the deposit first, then transfer the property to the buyer’s name, and then get the remaining part after this.

No Demand Certificate

As the selling process leads towards its last step, you get the payment and you give charge of the property to the buyer, it’s the time to get the no demand certificate. It is quite self-explanatory and tells that there is nothing due on the contract between the two parties, both the buyer and the seller. It says that money is paid and the property is handed over with zero dues. It is for the security of both parties who were involved in the whole contract.

Transfer Letter

To be able to give the transfer letter to the buyer in the end, you must sign a contract that will have every detail about the whole selling and buying protocol. As we see in the case of property for sale in Mauritius for foreigners, the contract or the transfer letter is detailed with all the information about the background of the seller and the buyer, the date at which this happened, at what amount it was sold and bought, the agent reference is also mentioned, and much more like this. You have to go through this last step very carefully and successfully to never face conflict about it in the future.

The property for sale in Mauritius for foreigners is a great example of wisely selling property that you own in any part of the world. You can get in touch with us to find more information about this. Call us!