Selling property to Chinese buyers has become a lucrative niche in the real estate industry. Wealthy Chinese people are always searching for new assets or investments, and the real estate industry is one of their key interests. You can easily leverage this opportunity to sell your home at a premium price.
However, it's important that you learn common mistakes people make when handling Chinese buyers so that you avoid missing out on a great offshore client. Below are great tips that can help you overcome obstacles in a sale and successfully sell your home to a Chinese buyer.
Consider Culture-Specific Factors
Different cultures have different preferences that result from cultural beliefs, norms, and ethics. Chinese buyers as well have unique culture-specific preferences, which can help you make your house appealing to the offshore buyers. Remember, if you're not in a position to make changes to fit your buyer's preferences, it's advisable that you hire a professional real estate agent who may assist you.
Most real estate buyers from China pay attention to Feng-Shui aspects of your home. Feng-Shui is a cultural system that explains the energy surrounding your home. Earth colors and water features are some positive Feng-Shui features you can use to make your home appealing to Chinese buyers. Also, you may want to avoid unlucky number 4 and use lucky number 8. For instance, Chinese buyers may not want to come to your house tour if it's on 4th in the fourth month of the year.
Be Technology Savvy
Normally, it's common knowledge that China is the land of technology and innovation, and if you use creative technologies, you can easily get a high-end Chinese buyer for your home. Remember that it's important that you offer your clients something new and not the usual images they see all the time. So, using technologies such as virtual tours can make your home stand out and help you to influence Chinese buyers to purchase your home.
For instance, you may want to consider taking high-resolution images of your home, and you can develop an animated slideshow for your clients to watch. Also, you can hire a professional videographer to take a high-resolution film of your home. In essence, technology can help you to make your home-sale offer more appealing to Chinese bidders.
Provide Customer-Specific Conveniences
Helping potential Chinese buyers overcome common challenges they encounter when buying a home in your region can get you selling your home in no time. For instance, you can research on the easiest ways to get a visa or direct your potential clients to a reliable site where they can get the right information. Also, you can link your potential buyers with a real estate agent who may guide them through all necessary processes of buying a home in your region.
Selling your home to a Chinese buyer can become a reality that certainly gets you a premium price for your home. The above-mentioned tips can help you to successfully manage and sell your home to a Chinese buyer.
Moving from New Zealand to Australia is more life-changing that you may think. It never entered my mind that starting over in Australia would present challenges when it came to finding a new place to live. I have filled this blog with informative advice about renting and buying a home in Oz you are a newly arrived immigrant. I want to share information about how to convince rental agencies you are a viable tenant. I also want to share details on what you need to do to make yourself look attractive to a mortgage lender. This advice will help you get on the right path to a new home the moment you step off the plane.