On This Page, Below:  

  • How to Take Control and Sell Property in Turkiye for Maximum Price and Avoid Agents' Hidden Profit Piracy

  • Open, Competitive, On-Line Bidding Attracts Buyers...  Instills Confidence... Maximizes Price...

  • Why portals are better for finding buyers and allow sellers to maximize price

  • Maximizing the sales price with open-bidding platforms....

 

On Other Pages, via Links Below - please click on images...

 

Articles about Selling property in Turkey  

 

Advice, Guidance, Assistance and Support: Transaction Services are available from the experts at MyTapu Associates by sending a request to email info@mytapu.com.

How to Take Control and Sell Property in Turkiye for Maximum Price and Avoid Agents' Hidden Profit Piracy

Turks are using digital portals for finding property for the last ten years, so why use an agent, when there is a better and smarter way...? Welcome to the digital age...!


Yes, more than 95% of property sales in Turkiye originate from on-line portals, not from agents' storefront windows. When a seller lists their property with the agent, that agent simply lists it on-line at a selection of the 5 portals where the buyers go to find property. The days of waiting for buyers to walk past an agent's window are past- for more than 10 years now ! A seller paying an agent 2% or 3% to find a buyer can save themselves thousands in agents' commissions simply by listing their property on the portal(s) themselves....! And in the process, avoid the agents usual practice of selling for much more than the list price agreed with the seller- a practice known as the 'hidden profit mark-up'.... an additional profit the agent puts in his/her pocket, and the seller never hears about,  sees or receives ('HIDDEN') ... !!! 


This works well for agents when they completely control communication flow between buyer and seller – the solution is to take agents out of that middleman role. Using the portals achieves this when the seller them-self lists their property directly on the portal, because the buyer communicates directly with the seller via the portals’ online private messaging systems. The messaging system is the key difference – agents’ websites don’t have messaging systems allowing buyers to communicate directly with the seller, which allow agents to practice their ‘hidden profits’ piracy.


Take control of this process away from the agent and pay yourself a sizeable reward by receiving the true and full sales price of your property.


If a seller needs support and guidance for listing their property on a portal, a complete ' How to Do-It-Yourself' support service is available from MyTapu... alternatively, MyTapu provides a Managed service to do it for the seller. 


To find out details, please email info@MyTapu.com with the subject line 'How to Do-It-Yourself Selling on Portals'.  Read more about selling property in Turkiye here...

Open, Competitive, On-Line Bidding 


Attracts Buyers...


Instills Confidence...


Maximises Price...

Open Competitive On-Line Bidding instills confidence, attracts buyers, maximises price
The Seller's Inside Insights...
The Seller's Inside Insights...

With guidance and instructions for the key procedures to be followed & documents required, all can be done in your home country, without travelling to Turkey. Contact us today at info@mytapu.com: add your WhatsApp or Viber number to request a call back.

Why Turks Love On-Line Property Portals...

Property Portal Online Property Finder Search at mytapu Turkey Property Agents
Why Turks Use Online Portals and Not Online Agents' Websites.to Buy Property ... Turkish Buyers are ALL ALWAYS at the On-Line Portals and NEVER at Engiish Speaking Agents' Websites... click image to read more...

Better for Buyers at OnLine Portals...

Where to Buy Property in Turkey...OnLine Search in Turkish shows Portals, compared with Online Search in English shows Agents' Websites mytapu.com
Why OnLine Portals are Better than Agents' Websites for Finding and Buying Property in Turkey ... OnLine Search in Turkish shows All Portals, compared with Online Search in English only shows English speaking Agents' Websites... click image to read more...


Open Bidding in Action...

 
Selling Property in Turkey...

Selling by Open Bidding 
Procedures & Guidelines

for attracting buyers and        maximising sales prices for real estate property in Istanbul & Turkey 

Hidden Bidding... 

The Offers an Agent receives are known only to the Agent and only that one Buyer- until the Agent chooses to inform the seller, and other buyers. 


In between that time a lot goes on.… 


An Agent’s priority is to first secure his commission, and so if a Buyer doesn’t want to pay a deposit, the Agent usually turns the bid away… without the Seller ever knowing. This happens regularly, because… the Agent receives his commission from the security of having received the deposit. 


No Turks give Agents a deposit- never have- this is simply a ploy used with unknowing foreign buyers…


Or the agent redirects the buyer to a property where the commission is larger, like the 5-15% paid by developers.

 

Turks don’t talk to agents.

 

Turks distrust agents.

 

WILL NOT deal with agents


Buyers avoid agents-  never see property listings.


More than one million properties at on-line exchanges- never visit agents websites...

 

Turks ALWAYS prefer to deal with the owner.


Past Five Years ...

85-95% of Real Estate Purchases in Turkey 

from Buyers at

On-Line Exchanges

Buyers Sellers Property Turkey

 

 Open Bidding Maximises Price.....

With Open Bidding, the Offers  are posted online so other interested buyers can see them. There’s a reason for this….

 

And it's the same reason there are no prices shown on the properties displayed on the mytapu.com website, unless and until the first offer from a Buyer is received...

 

The key 'game-changer' is the psychology- the psychology of the pricing process is reversed from the onset. Instead of the process beginning with the Buyer making an offer at a discount from the Sellers asking price, the process begins with Buyer making an offer above the highest existing offer displayed .... 

 

In other words, the price direction at the outset is reversed,  increasing instead of decreasing- a subtle, and powerful change of psychology.  See this process in action...

  

This psychology is subtle, but so effective. 

 

The mytapu way, the property is not offered with a price. Instead, a buyer must begin thinking about what the price should be. And then enters a bid. And the prices then revealed to the buyer, are the prices set by other buyers, not the seller. Which means from the outset, the price direction is moving up, not down, and discounting is not an option, because the price shown is not an offering price from the seller, it is a bid from another buyer (!!!).

 

Beginning the bidding in this manner, without an offering price shown, removes from the Buyer's mind the habitual fixation of trying to get a bargain by discounting. This eliminates a great deal of time wasting. 


More importantly, when  there is  no offering price shown, the buyer is forced to consider the value of the property to him or her, in terms other than price. The yield value, and the personal satisfaction aspects, for prestige, status, enjoyment, health, lifestyle, happiness...and FAMILY.  These are the type of considerations that drive prices higher above valuation benchmarks.

 

And if there are loved ones involved in the decision making process, their persuasions and emotional pull and all the related factors, can be an added driving force towards a higher price.

 

Once Buyer sets their heart on buying a specific property, the Buyer is more inclined to put in higher and higher bids to succeed, when in a competitive bidding environment.

 

 Open Bidding Maximises Price.....

Sell Turkish Property to Turkish Buyers at On-Line Property Portals
Open Visible Bidding Is Far Better than Agent's Closed Hidden Way..
The Best Way to Find Local Turkish Buyers is at the On-Line Portals...
The Best Way to Find Local Turkish Buyers is at the On-Line Portals...
On-Line Bidding at On-Line Portals in Turkey
Don't wait Too Long... Neither the Property nor the Owner are Getting Any Younger...

 

.Open Bidding Attracts Buyers...

Displaying the prices offered by Buyers attracts random curiosity from other Buyers, which often results in a new Buyer having a closer look at a property, and entering a new bid himself...

 

Why are local Turkish buyers so confident in doing things this way? The reason, is because they can check all the legal, cadastral, title, structural, geographical, and valuation information in advance, by viewing the Appraisal Report, known as the Eksper Rapor on the property, at mytapu.com.

 

 Why do Buyers Commit More Readily..?

How and why does the process succeed in committing the buyer? The Buyer commits readily because the risks are removed- the unknowns are clarified in the Eksper Rapor- something that is IMPOSSIBLE to do with an Agent.  With the risks clarified the Buyer is more comfortable and confident to make commitments in advance,  that require the buyer to make the decision to be the new owner of the property.

 

What are these Commitments? For example, providing a) proof of purchase funds, such as a letter of offer from a mortgage lender; and b) a non-refundable bid bond payable if  the buyer withdraws after winning; and c)  agreement to the terms and conditions of the competitive bidding procedures.

 

Buyers Commit to Buy in Advance of the Price being Agreed...Performing these actions in advance commit the buyer to a state of mind of expecting to own the property. And if a loved one is involved in the decision making process, the commitment pull is even stronger.

 

Open Bidding- For a Higher Price...!  These are the simple reasons that competitive bidding processes so often achieve prices that are higher than first expected. The buyers have already made up their minds to be the new owners of the property, with only the price left to be decided, and so they are motivated to raise their purchase price bids in order to succeed in making their 'new home' dream come true!

 

Open Bidding in Action.. 


The Digital Flow delivered by Digital Marketing...

 creating the pathways to guide the Buyers, informing them and advising them along the way,

 to their final destination... the reception at Sales & CRM for your property. Combined with additional networks and channels, the Digital Flowat mytapu.com, ensures the Seller will maximise the number of interested Buyers, and the sales price. The only on-line platform with the arrangements in place to handle Turkish property sales by open-bidding for foreigners is mytapu.com. 



Selling by Open Bidding – Procedures & Guidelines

For more information about the procedures & guidelines for attracting buyers and selling by open-bidding for real estate property in Istanbul & Turkey




Buyers Sellers Turkey Property
No Requirement to Sell nor To Accept Price Offered...







Contact us today for more information at info@mytapu.com and include your WhatsApp or Viber number to receive a call back…


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Show Case Presentations for Success !
Property Show Case Presentations for Success !
On-Line Marketing, Sales and CRM
On-Line Marketing, Sales and CRM
Open Bidding at On-Line Markets
Open Bidding at On-Line Markets
Completion & Conveyancing
Completion Conveyancing

A ‘TAPU’ is a certificate from a Land Registry in Turkey that provides ownership and cadastral information about real estate.

Every property owner in Turkey has one – and that’s why we call our business ‘ my tapu‘…mytapu.com.

Protecting Capital Purchasing Power
Capital Protection & Wealth Preservation
Tax Optimisation & Residency Choices for Retirement
Tax Optimisation & Residency Choices for Retirement