Mortgage And Real Estate News

Thursday, March 12, 2015

10 highly ‘salable’ factors of a real estate property

An ability to distinguish what will sell is an absolute must for any broker to survive and succeed in the real estate industry. Whether it is a condo, a townhouse or a detached home, there are some aspects that are inherent to the property itself and there are others that can be worked on by brokers and sellers.

What comprises a saleable property depends on the buyers' needs. Millennials prefer fuss-free units in the metropolitan area, while the affluent peruse multiple vacation homes in the countryside for recreation. Also, renovations and amenities that are specific to the property count. For instance, buyers on an apartment or condo hunt pay attention to convenient parking space, elevators and the like.

Read more...  http://www.inman.com/next/10-highly-salable-factors-of-a-real-estate-property/

Reuters: Business News

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