Back to Top
  2. Unlabelled
  3. How to sell flat

How to sell flat

 Selling a Flat

1. Prepare Your Flat for Sale

  • Declutter & Clean: Make your flat look spacious and well-maintained.
  • Repairs & Renovations: Fix any damages (leaky taps, peeling paint, broken tiles, etc.).
  • Painting & Staging: A fresh coat of paint and good lighting can increase appeal.





2. Set the Right Price

  • Research the market price of similar flats in your area.
  • Check property listing websites like 99acres, MagicBricks, NoBroker for reference.
  • Get a professional property valuation if needed.

3. Market Your Flat

  • List on Real Estate Websites: Post on platforms like
    • 99acres
    • MagicBricks
    • Housing.com
    • OLX
    • NoBroker
  • Use High-Quality Photos & Videos: Highlight key features (balcony view, interiors, amenities, etc.).
  • Write a Detailed Description: Include details like
    • Number of rooms, area in sq. ft.
    • Nearby schools, hospitals, transport hubs
    • Parking, security, and other amenities
  • Leverage Social Media & Word-of-Mouth: Share on WhatsApp groups, Facebook Marketplace, and Telegram channels.

4. Work with a Real Estate Agent

  • Hire a trusted local agent with experience in your area.
  • They can find buyers, handle negotiations, and paperwork.
  • Agents usually charge a 1%-2% commission on the sale price.

5. Legal & Financial Documents to Keep Ready

  • Sale Deed & Title Deed (proof of ownership)
  • Encumbrance Certificate (EC) (shows no legal dues)
  • Property Tax Receipts (latest paid bill)
  • Occupancy Certificate (OC) & Completion Certificate (CC)
  • Loan Clearance Certificate (if the flat has an active home loan)

6. Arrange Property Visits & Negotiate Smartly

  • Schedule property visits at a convenient time.
  • Highlight unique features (great view, furnished kitchen, proximity to metro, etc.).
  • Be open to negotiation but stick to your minimum price.

7. Finalize the Sale & Register the Property

  • Once the buyer agrees, draft a Sale Agreement with terms and conditions.
  • Register the sale at the Sub-Registrar’s Office by paying stamp duty & registration fees.
  • Transfer property ownership legally to the buyer.

  • Once a buyer agrees to purchase, complete the transaction legally.

    1️⃣ Draft a Sale Agreement – This includes terms, conditions, payment schedule, and deposit details.
    2️⃣ Receive the Token Advance – Usually 10%-20% of the final price as an initial deposit.
    3️⃣ Register the Property – Both buyer and seller visit the Sub-Registrar’s Office to sign and register the sale deed.
    4️⃣ Pay Stamp Duty & Registration Fees – The buyer typically bears this cost.
    5️⃣ Handover Possession – Once full payment is received, hand over the property and keys.

Bonus Tips

✔️ Offer flexible payment terms (if possible).
✔️ If urgent, consider cash buyers or quick-sale options.
✔️ If using a broker, negotiate their commission.

Would you like help in drafting a property listing or legal document template?

0comments

Post a Comment