How does Tiko calculate the price of the proposal?
With the data you provide us about your apartment and the visit we made in person, we analyze the characteristics of your house, and compare them with homes similar to yours that are currently for sale or have recently been sold.
Among other things, we compare your home with others that have the same location, surface, floor, etc. Once you have compared the information, our expert real estate agents calculate a competitive sale price based on the particular characteristics of your apartment and market prices. Thanks to that and the inspection carried out on the home, we ensure that our final proposal is as close to reality as possible.
The final sale price is the real market value
It is important that you keep in mind that the price at which homes are advertised is not the same as the final amount for which they are actually sold. When we talk about market price we are referring to the final sales price , which varies significantly with respect to the price announced at the beginning.
For example, in cities like Madrid, the starting price of a home is reduced by approximately 20% after negotiation between buyer and seller, according to data from Idealista and the Notarial College. This not only happens in the capital, but in all cities, and it is possible to verify the difference between the prices at which homes are advertised and the market price that buyers would actually be willing to pay for that house.
When you fill out our form we will contact you to explain the process and verify your data. If you want Tiko to sell your house, one of our agents will visit your home to meet it in person and thus be able to give you your free, personalized proposal.