There are a few guidelines that you should follow when you are looking to sell any property.
Contact the Agent
Selling the property without involving the agent may look a bit attractive as the commission of the agent is saved but it may cause you a lot of worry as the agents share most of your burden in whole of the process. So it's good to find a reputed Real Estate Agent.
Describe all the details of the property to the agent and also quote the price as well. Submit the documents of property as a proof that you fully own the property and have all the rights to sale it. Let the dealer see the property once before he looks for any buyer. Now its the job of the dealer to find a suitable buyer.
When a Buyer is there
When the dealer has found a suitable buyer, meet the party and negotiate about the price. Try your best to market your house in best way. A visit at the site would be most appropriate and during the visit, inform the buyer with all the positive aspects of the property and explain just reasons for cons if any. Try to come at a price, which is suitable for both parties, reaping you a return as well and also not a burden for the one who is buying it.
Stamp Paper
Here comes another important stage to fill in the stamp paper to assert that you have sold the property to the buyer in the price agreed upon thereof. The value of stamp paper depends on the value of property and there is no relaxation in it whatsoever because it is according to the set standards of the government rules and regulations.
Payment Transfer
The amount agreed upon is paid to the seller by the buyer and then comes the all-important stage. The title of the property, along with all the rights like right to use, right to retain, right to sell, are transferred from the seller to the buyer. A new set of documents is prepared in favor of the buyer and property gets registered in the name of buyer.
Statement of the Sale to Register
Then both the parties are due to see the local registrar of the property, where the seller asserts, in presence of the witnesses and the buyer that he has sold the property to the buyer, in the price mutually agreed upon. The registrar then makes orders to the local land record officer to make the changes regarding the ownership of the land, and transfer the title of the property to the buyer from the seller.
There you go! These were the main and important steps of how you can sale any property in Pakistan. Follow these steps and you can buy your property without having any trouble hopefully.
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