10-Step Guide to Selling Your Property
A Simple, Smart, and Secure Way to Sell Your Home
Selling a home is a major decision—whether you’re upgrading, relocating, or simply cashing out your investment. Here’s a step-by-step guide to help you plan and execute a smooth property sale:
✅ 1. Define Your Reason for Selling
Understand why you’re selling:
– Upgrading to a bigger home?
– Job opportunity or relocation to another city?
– Need for liquidity?
Your goal will determine your approach, pricing, and urgency.
🕒 2. Set a Time Frame
Decide by when you want to sell the property.
Is it urgent or can you wait for the right offer?
A clear timeline helps you and your agent strategize effectively.
💰 3. Determine the Right Selling Price
Price depends on:
– Location of the property
– Carpet/built-up area
– Condition of the home
– Current market trends and comparable sales in your area
📌 Tip: A trusted local real estate agent can help you price it right.
🛠️ 4. Prepare Your Property for Sale
First impressions matter! Before any buyer visit:
– Clean the house thoroughly
– Paint or touch-up where needed
– Fix broken tiles, doors, lights, etc.
– Use good lighting and open windows to make it feel spacious
📣 5. Market the Property
Let the world know your home is for sale!
– Inform friends, family, and neighbours
– Hire a local real estate agent to promote it
– Ask your agent to market it online and offline
– Reward your agent for their efforts—it encourages faster results
🏦 6. Check Your Home Loan (If Any)
If your property has an existing home loan:
– Contact your bank to understand the process to close the loan
– Check the outstanding loan amount
– Get a Loan Outstanding Letter (LOD) from your bank
📄 7. Get Your Documents Ready
Ensure you have:
– All original property documents (Agreement, OC, share certificate, etc.)
– Clear title documents
– No dues pending from society or utility services
📌 Important: Do not hand over original documents to the buyer until full payment is received or if required by buyer’s bank with proper acknowledgment.
🤝 8. Be Transparent With the Buyer
Clearly communicate what will be included in the sale:
– Fixtures, fittings, ACs, wardrobes, etc.
– Mention it in writing
– Finalize the date for possession and payment timeline
📋 9. Coordinate with the Buyer’s Bank (if loan involved)
If the buyer is taking a loan:
– Cooperate with the bank for verification
– Submit necessary documents
– Ensure the disbursement process is smooth
🖊️ 10. Complete the Sale & Handover
Once full payment is received:
– Execute the Sale Agreement
– Complete stamp duty & registration
– Handover keys and property as per agreed terms
📞 Need Assistance?
Get in touch with trusted professionals who can guide you through pricing, paperwork, and closing—all while maximizing your property’s value.