Selling an apartment

Pricing

• Market analysis: a thorough analysis of the real estate market situation, assessing demand and the optimal price of comparable properties.
• Reality vs expectations: for successful apartment realization, the decision on the sale price is based on data and market conditions, not personal expectations.

Offering the apartment on the market

• Preparing a professional listing: creating high-quality photographs and detailed descriptions, including references to nearby amenities or other advantages of the property.
• Extensive advertising: publishing the apartment sale listing on industry-recognized real estate platforms as well as on social media.
• Attracting potential buyers: active communication with interested parties, professionally organized apartment viewings, and responses to inquiries about the property, its condition, or legal aspects.

Closing the apartment sale process

• Preparing documents: performing a property evaluation, preparing a sale agreement, and processing the mortgage.
• Safe transaction completion: coordinating the transfer of ownership rights, property handover from the seller, and payments related to the purchase and associated fees.

Selling an apartment through an agent

Selling an apartment through a real estate agency allows the apartment owner or their representative to minimally engage in the sales process, from setting the price and advertising the property to serving potential buyers and closing the deal. Involving professional agents in the apartment selling process primarily helps avoid mistakes in pricing and advertising, which can negatively impact the sales process. The agent’s task is to manage the practical side of selling the apartment — communication with interested parties.

Selling an apartment yourself

If you wish to sell the apartment yourself without involving a real estate agency, carefully plan and conduct a market analysis. This way, the price of the apartment and the prepared sales offer will meet industry standards and good sales practices, which will help attract financially capable buyers. Pay special attention to those who have shown interest in the apartment — ensure flexible viewing times and the condition in which the apartment is shown to potential buyers. Respond to all questions asked by interested parties regarding the property.

Sell your apartment with “Kivi Real Estate”

“Kivi Real Estate” agency, with more than 15 years of experience in the Latvian real estate market, is a reliable partner providing professional solutions for selling apartments. We offer:

• Expert advice: we provide accurate market analysis to help you make informed decisions.
• Customized sales strategies: we develop effective strategies tailored to your apartment's specifics and market needs.
• Targeted marketing campaigns: we conduct extensive advertising on real estate platforms, social media, and other channels to reach the right buyers.
• Personalized service for potential buyers: our experienced specialists professionally serve potential buyers to maximize your property’s value.
• Legal support in the sales process: we offer full assistance with document preparation, contract signing, and closing the deal, ensuring the sale process is safe and seamless.

By collaborating with “Kivi Real Estate” in selling your apartment, you will gain a reliable partner who works in your best interest and helps you sell the property efficiently and profitably. Sell your apartment quickly, profitably, and safely with “Kivi Real Estate”!

Frequently Asked Questions

Is it possible to sell an apartment quickly and profitably?

Yes, with the right strategy, professional assistance, and a targeted approach, you can sell an apartment both quickly and profitably.

What is the average time to sell an apartment in Riga?

The average time to sell an apartment in Riga is between 3 to 6 months, depending on the property's price, location, and market demand.

Selling an apartment in Riga or elsewhere in Latvia – what are the latest industry trends?

The demand for apartments in Riga remains consistently high, especially for well-maintained properties in the city center and currently popular residential areas both in Riga and the surrounding regions. Elsewhere in Latvia, the market may be slower, but demand remains stable.

How to sell an apartment – what is the selling process and required formalities?

To successfully sell an apartment, several steps must be followed: setting the price, advertising, handling legal formalities, attracting buyers, and signing the contract. It is important to note that attracting potential buyers is just the first step in the selling process. Completing the necessary legal formalities—such as the purchase agreement, mortgage processing, clearing existing mortgages, and transferring ownership—can also take a considerable amount of time.

Should I sell the apartment myself or work with a real estate agent?

Selling through a real estate agent is safer, faster, and more efficient. If you want to maximize market opportunities and avoid legal risks, working with a professional is the best option.