Selling your property can be quite the process, especially if you haven’t had experience with it before. Our previous blogs have freely spoken about the advantages of investing. These have included general investments, real estate investments and specifically, how investing with SmartCrowd can provide credit to your long-term financial goals. Not only have we addressed the advantages, but we have also tried to educate you. As an investor, financial education and providing you with the necessary tools that are required to make the right decision. We dedicate this blog, in particular, to the sellers of properties who are actively seeking opportunities to sell! We’re going to help you break down the benefits of selling a property and in turn, how selling with SmartCrowd works.
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Selling your property on the open market
There can be several advantages that are linked to selling on the open market, but the main ones are with regards to your convenience as a seller.
- A quicker decision on when to sell the property
While selling a property on the open market, you can quickly choose when to sell the property since you are the sole owner of the property. While doing your due diligence, you might have an idea as to when would be the best time for you to sell your property. Meaning, whenever you think the time is right is when you will be able to sell.
Above all, if you sell the property with an urgent need, you might end up selling your property at a loss because you are selling based off a short-term requirement.
- Flexibility in setting the sale price
There is immense flexibility in the regard of fixing a selling price for the property you attain. Since you’re the seller, you can choose whether you want to sell your property on market value or if you want to sell higher. Thus, with relation to the renovations that you might have made to add value to your property, you decide.
- More negotiating power throughout the process
At the end of the day, since you are the sole owner of the property, you have more power in terms of negotiations. You know the true value of your property and what it means to you. You get to choose who you want to sell to and decide who is giving you the value for your property in return.
Selling via SmartCrowd
As you may already know, with SmartCrowd, you’re able to invest in fractional Real Estate. A share owned in a property and the way you can sell can be slightly different from selling a property owned solely. At the end of the investment term, all investors have the opportunity to vote to sell their holdings at market value. Besides, the advantages are as follows:
- The easy point of contact
Throughout the process, you have one point of contact. Since the platform is intuitive and the transactions take place within such a setting, there isn’t much complication to it. Moreover, it doesn’t take nearly as much time to sell a share with SmartCrowd, as it would, to find a buyer for a whole property. Alternatively, we will get to in the coming points as well.
- Close to 100 hundred active investors
The main advantage of selling with SmartCrowd would be the fact that there are already several active investors on our platform. Mainly, finding a buyer would be so much easier since there is great common interest within this community, which is real estate and investments. Since the interests of all investors are aligned, we would want everyone to benefit from selling. Notably, this is why we provide the option of selling holdings at the end of the investment term.
- Fractionalised sale price seeking multiple low entry point investors, not 1 high entry point buyer
With SmartCrowd, there are several low entry point investors needed to fund one property. Since fractional investments are promoted on the platform, the buying and selling occur in shares. There isn’t a need of one single buyer, which makes the investment much more accessible for others who are actually in the search to buy. As a result, this is one of the factors that also make it easier to find buyers, since they will find it easy to invest in a share rather than the whole of it.
- Transactions completed within days
Transactions through our platform occur within a matter of days; this advantage speaks for itself. Being an online platform, it is valuable to us that the process that you go through with either the buying or selling of shares goes through like a breeze. The transaction process is one of them and its something that we don’t necessarily want you worrying about it. What we want is for you to sit back and enjoy the long term benefits of the decisions that you choose to make about your financial future.