Trade-in real estate: how things work and why is it Really Profitable

If the apartment has become too small for you, tired of travel from home to work across town or just wanted a change of scenery, it's time to think about how to solve the housing problem. We discovered why give an apartment in the trade-in easier and more profitable than selling old and buying a new one.

What is the trade-in

Trade-in - a program that allows you to exchange the old thing with a new compensation difference in their value. The system works with cars, equipment or real estate. Exchange conditions may vary. For example, if you want to replace the old smartphone to get a more modern, have to pay. And if you decide to pay in trade-in a premium car and take the family car instead you can stay in the black.

The program is easy to use in real estate transactions. Those who at least once sold an apartment, know that the process requires a lot of time and effort. It is necessary to prepare documents, to seek a buyer yourself or spend money on services to realtors. And yet you need to find a new home. With the trade-in, you kill two birds: to quickly sell the old apartment, and easy to buy a new one.

Benefits of trade-in

• Speed. No need to look for buyers for months, to show them the apartment and to consider the proposals of developers to buy a new home.
• Security. Direct selling real estate associated with different risks. For example, you are wrong to execute the contract or the buyer will pay a counterfeit bill. With the trade-in risk is minimal.
• Convenience. All operations on the trade-in can be carried out via the Internet, the office will have to come only once to sign the sale and purchase documents.
• Benefit. The cost of new apartments is fixed at time of reservation, so you can avoid market fluctuations in price between the sale and purchase.

Disadvantages of trade-in

• Not all apartments are suitable for the program.
• Property trade-in purchase cheaper its value. This is a fee for the high speed of the transaction.
• Choose a new apartment can only be in certain residential complexes builder.

What kind of apartment can be sold in the trade-in

Developers and services have different requirements for entities that can participate in the trade-in. For example, to use the program in "PIK-Broker"Your apartment should cost no more than 15 million rubles, it should be up to four rooms, and the house - five floors.

In other agencies and services may have different requirements. For example, it takes into account the year of construction of the building, its condition and the availability of uncoordinated redevelopment of housing.

How to sell an apartment in the trade-in

system operation algorithm is as follows:

1. You refer to the service professionals.
2. They evaluate your apartment.
3. You book accommodation in the new house and fix the price.
4. During a certain period the company undertakes to carry out both transactions.