Most people prefer investing in real estate. This is because of the safety it provides by keeping your money locked and creating good profits with time. Hence, there can be certain factors causing your property value to decrease. This will result in a property setback, maximizing the risk of losing your money. Golden Brick, doing the smartest real estate business in Pakistan, has come up with a list of factors that can negatively impact property value. Considering them beforehand will help you avoid a dip in your property investment.

Lack Of Maintenance

Maintenance is one of those crucial factors that holds the utmost importance in boosting the value of your property. Keeping in view the highly competitive real estate market in Pakistan, putting your best face forward is key to gathering impressive profits. Negligence on your part may lead to a drastic downfall in the property value.

Excessive Personalization

When considering a property, buyers also decide on how much work needs to be done. This could involve changing wallpaper, covering it with paint and setting right odd fittings. Since all this takes up significant time and money, they might add it to their budget and ask you for a lower price on your property. This is fair and square, and you can do this by avoiding too many personal changes in the property.

Neglected Spaces

When selling property, presentation matters a great deal. Renovating the exterior of your property is a great way to raise the price. This will persuade buyers to believe the property itself will also be well-maintained.

Noisy Surroundings

Any property with all the desirable qualities but with noisy surroundings is enough to turn people off. Location plays an important role in raising the value of a property. The Golden Brick deals in Parkhouse Apartments which could be a really good option if you’re looking for a calm place to live in. It has got peaceful surroundings and is the perfect fit for those who want to get rid of the headache of maintaining their properties.

Bottom Line

The above-mentioned factors can assist you a long way in securing your property from depreciation. A few of these are what you need to keep in mind before investing in it, whilst others are small mistakes that you can avoid easily to maximize returns on your property. Remember, the Golden Brick has got your back!

The property and real estate business has been picking up speed over the recent years. And the hopes are also high for those who are thinking about investing in it in the future. The Golden Brick real estate agency has remained committed to providing the best services for buying and selling properties in Pakistan. If you are searching any houses for sale near you then the chances are great for you.

Selling Your Home, A Real Problem

As a matter of fact, selling your home can be a real headache, especially for those on a time limit or who have financial constraints. There must be some creative plans to increase your chances of selling your house fast. A big concern is that having a home not being sold hanging on the market for a longer time gives an impression to home buyers that there may be a problem with the house. That means a lesser number of interested buyers, fewer offers, and possibly a smaller sales price. Fortunately, there are ways you can use to sell your old home quickly and get into a new one right away.

How Golden Brick Solves This Issue?

It’s not about how much your house is worth but how well you can stage and market it. The first step, obviously, is to know the local market to fully realize the potential of your property. And it’s never been easier to sell, without Golden Brick!

Some Of Our Featured Societies

Al Rehman Garden Phase 7 Lahore is one of the best housing schemes in in the city. Located just 2 km from Faizpur interchange via M2 motorway by Al Rehman developers it is a LDA approved gated housing scheme. So book your plot in Al Rehman Garden Phase 7 because it offers installments with an easy 5-years payment plan. Buy & sell the residential plots on installments in Citi Housing Kharian, another of our projects which is one of the best residential societies for luxury lifestyle.

Parkhouse Apartments

Rising from a sought-after location in Gulberg on Qarshi Lane, Parkhouse Apartments is the epitome of vertical living with world-class planning in Lahore. The mid-rise development boasts luxury apartments and a handful of ultramodern retail outlets for investment.

The project offers a delightful mix of fully-furnished luxury apartments and serviced residences on all of its upper stories. On the other hand, the ground floor of the building is reserved for retail and lifestyle activities and only features a limited number of commercial outlets.

The Golden Brick’s agents provide complete support throughout the process including managing payments, handling disputes, and other related matters so you can rest assured that your investment is secure. With The Golden Brick’s assistance, you can make sure that your real estate investments turn out to be successful ones.

Being a landlord not just gives you a sense of authority but also comes with a great deal of responsibility. One has to be catering to short-term as well as long-term tenants. While the rent and terms of the tenancy may vary in different situations from person to person, one thing that should stay the same is your duties as a landlord to carry out the maintenance of the property every time a tenant leaves, and another one is due to replace the space. Getting a house ready for rent is quite easy. The Golden Brick has some golden rules to offer, for preparing a house for rent in Lahore each time your house is about to change hands.

Examine the premises

Just when your tenant leaves, inspect the property and walk through it. Examine it from the viewpoint of a potential buyer. Is there a chance someone would buy your house in its current state? Ask yourself what changes and repairs are required for a repair. Make a list of all the points that grab your attention.

Get your house repairs done

The very next step to getting your property ready for rent out is to fix whatever is broken. This commonly involves plumbing activities, fixing appliances, heavy and light fixtures, window repairs, lock repairs, and more. It is desirable to get things fixed rather than repaired. Don’t splurge money and time on any extra repairs.

Replace what cannot be left out

While making preparations to rent out, keep in mind that your rental house is not just a place to live in but a means of earning, so think about it as a source of investment. Replace only the most important items that you know can not be overlooked so that the money put in replacement returns in the form of higher rent. Don’t forget to keep your target customers in mind.

Fix the locks

To ensure complete security before moving into a new home, most tenants ask to change locks with the landlord’s permission. It is advisable not to do that on your own because it becomes pointless if the tenants are going to do it all over again. When this issue is sorted out, proceed to the next step in this checklist for preparing a house for rent.

Get a fresh coat of paint done

No doubt it is a costly task to get engaged in, getting your interior painted lends you a better chance to impress your potential tenants when they visit. It is also not necessary to paint the entire home just coat it where needed to improve your house’s aesthetic appeal.

Create value for your customers with The Golden Brick

Now, refer to this checklist whenever you are getting a house prepared for rent. This will help to set up the rental house in an organized manner. Your ultimate goal should be to add more value to the property by investing time, money, and effort meticulously. Follow the same rules by The Golden Brick if there are any houses for sale.

Today’s real estate market means that home buyers and sellers need to work with an agent who understands the shifting dynamics of their local market. A trusted real estate advisor will keep you updated on current market trends and help you make the best decisions about selling your house. They’re also experts in managing all aspects of the sale—from staging to paying off mortgages and more. Having an authentic real estate agent is beneficial for everyone and The Golden Brick provides them in abundance. Here are five key reasons why working with a real estate professional makes sense today.

The Golden Brick’s professionals keep up with the latest market trends

With higher mortgage rates and moderating buyer demand, the real estate market is changing—and staying on top of current trends can be crucial when you sell. Working with an expert keeps you updated. They are well-informed about the local and national real estate markets. They’ll help you make smart decisions based on their knowledge of shifting market conditions.

Its property experts help to increase the pool of buyers

Your agent’s role in attracting buyers is important. Real estate professionals have various tools at their disposal. Their links with social media followers, agency resources, and the Multiple Listing Service (MLS) ensure your house receives attention from a large number of buyers.

A professional understands the steps involved in legal documentation

Nowadays, more disclosures and regulations are necessary when selling a house. That means the number of legal documents you’ll have to handle is rising. A real estate agent knows exactly what is to be done, what all the fine print means, and how to work through it efficiently. They’ll help you review the documents and avert any costly missteps that may arise if you try to handle them on your own.

Its agents know how to pitch the right price for your house

If you sell your house without a proper market analysis, you may be more likely to demand a high price. That means your house sits idle as you asked for a price too high compared to the market price. Real estate professionals have a good know-how of all houses for sale and they do benchmarking activities as well to compare your house with the others in the vicinity. These steps are crucial to ensure that your house still gets the highest possible final sale price.

The Golden Brick has got you covered

Whether following local and national trends, guiding you through a shifting market, or pricing your house at a fair price, The Golden Brick has essential insights you’ll want to rely on throughout the transaction. Don’t act on your own. If you plan to sell your house, reach out to its real estate professionals.

The real estate business in Pakistan is booming. It has high chances of growth yet it is a risky one as well. People in Pakistan and those who are overseas are actively involved in investing and reaping profits from it. This sector warrants security with persistent inflows and other tax benefits. The government of Pakistan has taken steps to promote real estate in Pakistan.

Recently, property developers and industry specialists predict an increase in demand for homes in Pakistan based on the current shortage and demand. There are many causes for this increase. First is the migration of people relocating from Pakistan’s rural areas to cities in search of better employment prospects and a better quality of life and the second is to fill the gap between the supply and demand of housing units the government has come forward to declare loan sanctions.

Keeping this in view the Golden Brick values its clients. It doesn’t keep them in the dark. Staying in business for so long has taught them everything there is to know about selling houses and properties. According to the Golden Brick the two important things are: experience and market research, and it makes use of both. It provides the following services:

 Some of the most seasoned real estate agent in the business make up its executive team. They look after all of your estates, negotiate the best terms on your behalf, and make sure you get the finest deals. Simply give them a call if you’re unsure about the property’s market value, and they’ll give you a quotation based on comprehensive market data. Additionally, they can sell houses for about 10% more than their projected values. It’s okay if you’re having problems with leasing even though it might be a somewhat complicated process. You have them. They’ll do all the labor-intensive tasks, allowing you to concentrate on life’s finer details. They can invest money in renovations to increase the value of your home and attract potential buyers, and the best part is that they can set up secured loans that you can repay in convenient installments.

Al Rehman Garden phase 7 in Lahore and Citi Home Kharian are two of its featured housing developments. Icon Valley Phase 2, Defence View Apartments, OneVH, Park House, Amanah Noor Residence, Park House, and Century Venture 1 are a few of the magnificent properties it offers. Hence, knowing the local market is undoubtedly the first step to maximizing the potential of your home and with Golden Brick, selling (or renting) has never been simpler! At Golden Brick, all that really matters is YOU! So, get in touch today to find out more about their services.