The main risks of the secondary real estate market in St. Petersburg
The experts of the Nevsky Prostor real estate agency analyzed the supply of apartments in the secondary housing market of St. Petersburg and talked about the main risks in this segment.
The main scope of the offer falls on the format of 2-room apartments, where 8,498 lots are presented, as well as on the segment of 1-room apartments, where 8,343 objects are sold.
The most modest selection of apartments in the secondary market of the city is now represented in the segment of multi-room apartments. There are 2,408 objects for sale in this category of lots.
Now the average cost of an apartment in the secondary market of St. Petersburg is 9.4 million rubles, and the average price per 1 sq. m. is at the level of 201.8 thousand rubles.
Alla Shinkevich, CEO of the Nevsky Prostor Real Estate Agency:
— The biggest risk today is the loss of time. Many objects are put on the market, and sellers are either not ready for a deal according to the documents, or they hesitate to choose a counter purchase and cannot decide. This often leads to the fact that the transaction does not happen. For example, you chose an object, they drag you for months, and in the end they just return the advance. Refusal to accept deposits, which are returned in double amounts, also signals uncertainty in concluding a deal.
Another serious problem is fraud. A new fraud scheme is that elderly people are forced to sell their homes at a reduced price under pressure, posing as law enforcement officers. This should be a signal for realtors to check more thoroughly.
Special attention should be paid to situations where a sale is made too quickly for no good reason. For example, when a person wants to sell an apartment in a week to buy another one, that is one thing, but if they just need money, it should be alarming. In such cases, you should try to contact the seller's relatives. One day, when an elderly woman refused to provide contacts of relatives, a realtor found her daughter through social networks, which eventually helped prevent the sale.
As the market becomes more digitalized, a new space for fraud is emerging, although cases of document forgery have become rarer. Now it is important that realtors check all documents through official channels before the object is put on the market.
The underestimation of the cost of apartments has now practically disappeared. Most payments are made in non-cash form, which makes transactions safer and helps to avoid catastrophic penalties for tax evasion. We actively advise clients, helping them to take advantage of all possible tax deductions, thereby reducing the total amount of tax paid.
SOURCE: kvmeter.ru
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