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Buyer errors

Typical mistakes buyers apartment in a new building.

Why customer experience works well when choosing a refrigerator, but often leads to mistakes when buying an apartment When buying any product or service I want to make the best choice at the best price. Everyone has an experience of shopping, and each has its own tricks: via the Internet, searching for reviews from friends and so on. When it comes to real estate, many project the existing experience and this product. Only the real estate market has its own specifics, and what works when choosing a refrigerator becomes an error when looking for an apartment. There are typical mistakes that buyers make when buying new buildings. We list the most frequent:

Role of advertising when buying an apartment

Buying an apartment in a new building - stress. Many, trying to evade responsibility, succumbing to laziness or tired of searching, go on the simplest way - advertised. Everyone is talking about the company, everywhere advertising means a good option. Or a neighbor bought - it means that I can take it. Crowds of buyers are bursting into the sales departments of developers, who lead an aggressive advertising policy. In 2010–2011, a large construction company “decorated” all of St. Petersburg with billboards. In the office of the builder lined up. Only three years later, these buyers did not become owners, but deceived real estate investors. And for many years waiting for the end of protracted quality of dubious quality. Real estate is a very expensive acquisition. Serious investments are worth well to understand the object, and not blindly trust advertising or a neighbor.

The price of the apartment

It should be understood that in the real estate market, no one does charity work and there are no people willing to help everyone solve the housing problem. Low cost per square meter is often used by construction companies that operate on the verge of profitability. Such developers, as a rule, are close to bankruptcy and at any time can stop work on objects.

To achieve a low sale price, weak companies have many ways: deterioration in the quality of construction and materials used, attraction of low-skilled staff for complex technological processes, additional payments disguised as a booking fee, contract registration, the high cost of management company services. The Internet is full of stories from customers who have entered the register of defrauded real estate investors, they all start roughly the same way: “We checked all the documents, we saw that the price was lower. It means that it’s profitable and went to buy. ” The documents were all right with such well-known bankrupt companies as LEK, Gorod Group of Companies, SU-155, Impuls, O2 Development, Normann, Unisto Petrostal.

Investment in illiquid construction facility

There is a category of amateur investors purchasing new buildings at the foundation stage. Such transactions are made under the influence of two factors: the purchase price, which is written above, and the emotional component “I liked - I didn't like it”. After two or three years, customers are surprised to learn that they bought illiquid.

The basis of any real estate investment should not be an emotional sense of the success of a future sale, but mathematical calculations and profitability formulas based on dozens of factors. What could be the factors? The distance to the metro, transport accessibility, competitors, the availability of educational institutions, clinics, the terms and conditions of the transaction, the legal purity of documents, the technical condition of the house and the entrance, the social situation. Many investors over the years can not sell their "successful" purchase. One example: in the sales department of the builder, the client was promised that by buying an apartment in the village of Bugry right now, in eight months it could be sold for 800 thousand rubles more. With the cost of the apartment itself at 2.5 million rubles, in such a short period almost 50% yield is obtained. Although the average percentage of the market for new buildings does not get to 15% per annum.

Region for purchase of the apartment

Most people when choosing the area to buy the future apartment of their dreams choose the one in which they live at the moment. Unfortunately, this principle in the choice of housing often drives in a very rigid framework. There are people who want to live only at the intersection of specific streets and are willing to wait for years when a suitable apartment appears there. It is even worse when, due to the lack of alternatives, a house with problems is bought in a “beloved” neighborhood. Habits and intimacy of relatives are, of course, important criteria. Just do not forget in the pursuit of a place about the technology of construction, the availability of infrastructure, the reasonableness of planning decisions, the implementation of the local area. Always compare your “only” option in price and quality with the offers a little further.

Need more square meters

When choosing an apartment, many people buy meters, a unit of measurement in the right place. Houses in one district, and the meter area of ​​the apartment is more - we must take. Even when it comes to homes of the same class, the meters can be very different. Many planning solutions that are found on the market of new buildings were invented 40–50 years ago. A two-room 60-meter apartment from a two-room 70-meter apartment will differ only in a proportional increase in the floor space. A very common mistake is that the buyer gives preference to a larger apartment, without delving into convenience and functionality. Fortunately, this trend is changing. Pay attention to the organization of the apartment space. In a quality project, unlike typical ones, the functional purpose of each meter is always thought out, and the areas of the premises are rationally distributed in accordance with their purpose. Example: a man wanted to buy a 100-meter apartment. After a detailed analysis of this purchase had to be abandoned, since the area of ​​the corridor was 27 meters, and in terms of functionality, it was badly implemented. If we consider that the average cost per square meter in a new building is 100 thousand rubles, then when acquiring this apartment the client would overpay more than 1.5 million rubles for "useless" square meters, and then also give a round sum for non-standard furniture or re-planning.

Finally

Buying an apartment in a new building is a difficult process, requiring a lot of time to assess the real market value of an apartment, investment attractiveness, comparison with similar projects from competitors, checking the developer himself, determination of the degree of reliability of financing a specific object. Each step requires knowledge, and an error at any stage can lead to the loss of a large amount. If you are not ready to soberly assess the risks, contact a specialist. Most likely, this will save a lot of time and help you get a dream apartment safely and quickly. Very important - this service is free.

Article author:

Oleg Ivanov - online real estate expert

VK: https://vk.com/ivanov_oleg

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