Creating a relationship that transcends the transaction.

× neighborhoods Developments About Us Enlist Your Property Contact Blog
CONTACT ADVISOR

Blog

Blog image

How to Sell your House or Luxury Apartment



Complete Guide to a Successful Transaction

Selling a luxury property is not an easy task. It requires a well thought out strategy and a deep understanding of the real estate market. At Tamar Realty, we understand this better than anyone. With our vast experience and deep market knowledge, we are here to guide you through every step of this process. Where to start? Don't worry, we'll do it together. We will explain the key aspects of selling your luxury home and how you can maximize its value and appeal to potential buyers.

How to Sell your Luxury Home:

  1. Select a Real Estate Advisor
  2. Decide on a List Price
  3. Understand How Long the Sale Will Take
  4. Prepare the House
  5. Put the House for Sale
  6. Accept a Final Offer
  7. Anticipate Sales Costs
  8. Prepare Documentation
  9. Close the Sale

1. Select a Real Estate Advisor

The first step in your journey is to find someone you trust to guide you through this process. He is not just a real estate advisor, but your partner in this adventure.

Investigate their experience: Find someone who is well established in Cancun and its different Areas. Visit their website and check where they have properties available to confirm their experience.

Custom Marketing Plan: Ask how they plan to market your home. A good advisor will have a detailed plan, including professional photography that captures the essence of your property and digital strategies that reach the right buyers.

Active client portfolio: A good advisor will have a list of clients waiting to find a property like yours.

Content generation: Look for someone who knows how to tell the story of your home through attractive content on social networks and blogs.

Legal and tax team: Make sure you have a legal team that can handle all the technical details.

License and certifications: Verify that you have all the necessary licenses and certifications to operate in Cancun.

2. Decide on a List Price

Determining the right price is essential to attracting the right buyers.

Market Analysis: Ask your advisor for a market analysis that shows what similar properties are for sale and what prices they have recently sold for.

Personal Research: Research similar properties on your own to gain a general understanding of the market.

Market conditions: Consider the current state of the market, the condition of your property and seasonality.

3. Understand How Long the Sale Will Take

It's important to have realistic expectations about how long it will take to sell your property.

Market evaluation: Together with your advisor, evaluate the average time that similar properties have been on the market.

Market conditions: Consider current conditions and initial price to avoid unrealistic expectations.

Flexibility: Be prepared to adjust the price based on market response.

4. Prepare the House

Presentation is key when it comes to luxury properties.

Small improvements: Make improvements that can increase the value of the home, such as painting the walls in neutral colors and repairing any minor details.

Deep Clean: Make sure every corner of your home is spotless and ready to impress.

5. Put the House for Sale

Now is the time to show your home to the world.

Professional Photography: Images capture the essence of your home. Make sure your advisor works with professional photographers.

Publication on portals: Your home must be present on relevant real estate portals and in digital media, a good advisor will take care of this.

Appointments and viewings: Be prepared so your advisor can meet potential buyers and show them why your home is unique.

6. Accept a Final Offer

Receiving an offer is exciting, but it also requires careful evaluation.

Offer Review: It is important to consider each offer carefully, taking into account the price, pre-approvals and any contingencies.

Costs of sale: A serious advisor should guide you to consider closing costs, commissions and taxes.

7. Anticipate Sales Costs

Plan ahead to avoid unpleasant surprises.

Closing costs: Include commissions and taxes in your planning.

Moving Expenses: Don't forget the costs associated with moving to your new home.

8. Prepare Documentation

Having all the documents in order is crucial for a smooth sale.

Legal advice: Your advisor must have a legal team or experience to be able to update documentation.

Communication with the notary office: The advisor must coordinate with the notary office chosen by the purchasing party to review the project.

Updated documentation: It is essential to have everything in order, from the property to the no water debt letter. As well as the document of completion of work, the ZOFEMAT document in case of a beachfront property, the letter of no maintenance debt, among others. All these documents must be updated on the day the deed is signed.

Notification to the bank: Make sure you notify your bank about the sale of your property, sometimes, due to the amount of the payments, they can reject them and give you a hard time.

9. Close the Sale

Finally, signing day arrives.

Final review: Your advisor will support you to review all documents once again on the day of signing.

Receiving payments: We recommend that you do not sign the deeds until you have received all payments corresponding to the sale.

Selling your luxury home is a process full of important decisions and exciting moments. At Tamar Realty, we are here to be with you every step of the way, making sure you get the best possible result. With our experience and dedication, we will make this process as smooth and successful as possible.

Ready to take the next step? Contact us today and find out how we can help you sell your luxury property in Cancun. At Tamar Realty, we don't just sell homes, we build relationships that transcend transactions. We are here for you!

CONTACT ADVISOR