{"id":580,"date":"2020-08-04T09:30:30","date_gmt":"2020-08-04T09:30:30","guid":{"rendered":"http:\/\/ppie.ae\/?p=580"},"modified":"2020-08-04T09:30:30","modified_gmt":"2020-08-04T09:30:30","slug":"tips-to-re-sell-your-condo-unit","status":"publish","type":"post","link":"https:\/\/ppie.ae\/ppie_old\/2020\/08\/04\/tips-to-re-sell-your-condo-unit\/","title":{"rendered":"Tips to re-sell your condo unit"},"content":{"rendered":"

Many Filipinos, especially Overseas Filipino Workers (OFWs) in the UAE are going into the business of property investment. Having your own property allows you to build your dream home, as well as helps you get a passive income once you retire.
\nAnd when it comes to passive income, condominiums are the ones that prove to be the most profitable. With so many renters looking for a place with amenities and accessibility, condominiums have become in demand anywhere in the Philippines. In fact, condo units are the most talked and about at the Philippine Property and Investment Exhibition (PPIE)\u2014the biggest, longest running and most trusted Philippine business and investment forum in the Middle East\u2014with many people registering via:\u00a0http:\/\/events.ppie.ae\/register\/<\/a>.
\nAnd if you\u2019re one of those who have already bought your own condo unit, how can you assure that it will attract potential buyers in the future? Check these tips out:
\nTell your friends and families about your desire to sell your condo<\/strong>
\nRecommendations from families and friends, or even colleagues, can heighten your chances of selling your condo\u2014simply because there is more confidence on the part of the seller if it came from someone they know personally.
\nTake advantage of advertisements<\/strong>
\nWhether it\u2019s through notes on your building\u2019s bulletin board, the newspaper, or through online selling sites and social media, advertising is a great way to gain traction about your desire to sell. Especially if you\u2019re a social media savvy, you can easily promote your unit just by posting a photo and good captions about the features of your unit.
\nREAD ALSO:<\/strong>\u00a05 Reasons why OFWs should look into purchasing pre-selling condo units<\/a>
\nConsider your market<\/strong>
\nThe one thing that can help you effectively sell your condo is by knowing who actually needs it. It\u2019s important to know your market so you can narrow down who might buy the unit in the future. Is your condo near universities? Then make sure your advertisement targets students. Is it near offices? Then target the young professionals. Is it near schools and hospitals? Starting families are your best bet.
\nHighlight your condo\u2019s best features<\/strong>
\nYou can\u2019t possibly sell your condo if you don\u2019t highlight what it can offer your target market. Make sure you post good photos, talk about its convenience and amenities, how near is it to important establishments, and how safe it is. Consider what people look for in a condo, and make sure you highlight your unit\u2019s features that answer those concerns.
\nREAD ALSO:<\/strong>\u00a0House essentials first-time condo owners should prioritize<\/a>
\nFlip it!<\/strong>
\nPeople would most likely buy a property that\u2019s in good condition and is fully-furnished. Make sure to fix your unit and make it attractive for potential buyers.
\nKnow your price<\/strong>
\nKnow the current market value of your condo to determine how much you can resell it. If you don\u2019t know your condo\u2019s real value, you\u2019ll end up asking for an unreasonable price\u2014which can make it longer for you to sell it because buyers may think it\u2019s too much. Or you may end up selling it way too low\u2014robbing you off your chance to actually make the profit you deserve.
\nREAD ALSO:<\/strong>\u00a0Busting the myth about a condo\u2019s lifespan<\/a>
\nLearn to negotiate<\/strong>
\nBe a good sales-talker and find a way to convince the buyer that your unit is a great one. It\u2019s also important to find a way to compromise and negotiate with what they want, without looking desperate. A smooth communication will assure a great selling transaction.<\/p>\n","protected":false},"excerpt":{"rendered":"

Many Filipinos, especially Overseas Filipino Workers (OFWs) in the UAE are going into the business of property investment. Having your own property allows you to build your dream home, as well as helps you get a passive income once you retire. And when it comes to passive income, condominiums are the ones that prove to […]<\/p>\n","protected":false},"author":1,"featured_media":581,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/posts\/580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/comments?post=580"}],"version-history":[{"count":1,"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/posts\/580\/revisions"}],"predecessor-version":[{"id":582,"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/posts\/580\/revisions\/582"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/media\/581"}],"wp:attachment":[{"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/media?parent=580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/categories?post=580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ppie.ae\/ppie_old\/wp-json\/wp\/v2\/tags?post=580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}