Video: Distress sale - when the property needs to be sold quickly

Job loss or financial bottlenecks - it happens time and again that a property has to be sold in a short space of time. If this is not possible, there is usually the threat of a forced sale. However, this should be avoided as it often leads to financial losses. In such emergency situations, it is advisable to contact a real estate professional.

Under time pressure, real estate sellers often make mistakes because they lack the necessary know-how. They often only have a vague idea of how much their property is worth. Yet this is of crucial importance. After all, an asking price that is too high usually delays the sale of the property. An offer price that is too low usually leads to a very quick sale. However, financial losses in emergency situations are particularly annoying for property sellers.

In these situations, it is advisable to consult an expert. A local quality estate agent knows the current situation on the real estate market. Not only will they determine the exact value of your property, they will also advise you on the best pricing strategy. Thanks to his many years of experience, he knows what to look out for in a distressed sale and how to sell a property discreetly at a fair market price in a short space of time. He often even already has the right property seeker in his database.

Would you like to know what to look out for in a distress sale and how to sell your property quickly? Would you like to contact us? We will be happy to advise you.