Reasons for the failure of transactions for the purchase and sale of apartments

Very often the long-awaited moment of purchase and sale apartments on the secondary market may not work out due to banal trifles. Of course there are times, when deals fail for good reasons. But most often this happens due to the fault of the participants in the transaction..

What are the most common reasons that can interfere with the successful completion of the transaction and how to avoid it.

Through the fault of the seller

The most common mistake – overpriced apartment. Assessing yourself, the seller most often focuses on the prices of such apartments, but not paying attention to the details. For example, that the apartment is being sold with furniture and appliances, or upon sale it is possible “good bargaining”, which sometimes can be up to 15% from the cost of the apartment. This becomes the reason “freezes” apartments on the rnyk for an indefinite period.

Seller's next mistake – advertising. A poorly composed ad or bad photos can simply alienate your buyer.. Errors in the description or simply misunderstanding – it's all that, which negatively affects the sale. And even if the price of your apartment is below market, this will further alert potential buyers.

And the most important thing – this is a lack of understanding about the payment system when selling an apartment. If you do not contact the real estate agency or for the advice of any of the specialists, most often the process of preparing documents and drawing up a contract is delayed, which further leads to the breakdown of the transaction.

Buyer errors

The main thing for the buyer is a thorough check of the package of documents for the apartment. Often neglect of this issue leads to unnecessary consequences.. At this stage, refuse the help of specialists, lawyers or notaries are not worth it. Naobort, this will provide you with a guarantee and will eliminate most of the risks.

All other risks for buyers are already in the field of psychology.. Very often, without the help of a realtor, you simply cannot agree with the seller of the apartment you like.. The realtor keeps your communication to a minimum, which in most cases allows everyone to get what they want.