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Analysing the potential of your property

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Text from 2016. Laws, rates and prices may have changed since then. Ask an agent

Analysing the potential of your property

This time I would like to focus on a topic that becomes more important when confronted with reality. It is about analysing a property's potential on the market in such a way as to successfully reach a potential client and complete the transaction.

Have you ever wondered what advantages your house has? And you? Have you ever thought critically about your flat? No? It is time to catch up before you decide to sell or let your four walls.

Very often what the owner sees as an indisputable plus of the property is a minus for the expert, and vice versa. The art of compromise has its place even in this industry, but it is worth relying on a professional assessment of potential and setting stubbornness aside.

Selling and letting often form part of a lengthy transaction process, but everything depends on a good agent who, thanks to an excellent knowledge of the market, is able to sign an agreement with a new tenant very quickly.

Location, the value of the property, price, interior, neighbourhood – these are the basic factors that underpin a reliable and effective analysis. You need to consider the property's chances on the market and possible threats from competition, think about the building's strengths and weaknesses, and build a base of potential clients who will be interested in your property.

To avoid wrong conclusions, it is worth paying attention to the basic criteria of the analysis, i.e. demographic, spatial or economic ones. Taking all the factors into account will undoubtedly allow you to work out an effective model of the investment's profitability.

If you have any doubts, consult me about analysing your property's potential. Together we will make the most of its strengths, determine the key parameters affecting the property's value and draw up a solid business plan of action.

Kind regards, Marta Kulawik

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