There are so many factors to note when selling your property that it can be difficult to know where to start and how to make the most out of your sale. Here are some tips to help you get on the right track and ensure you are making a sound financial decision for your future.
Do your research and do it well
The key to making a good sale starts with the amount of preparation you put into that sale. There are many reports and suburb profiles available, so knowing which ones to trust and what advice to follow is key to making the right decisions. Spend most of your time within this stage and investigate what comparable properties in your area are selling for. Our experienced agents will also have in depth industry knowledge that could assist in understanding the current market value and can provide you with comparative market analysis to give you factual information that can be hard to come by elsewhere. It’s all about the right price at the right time. Whatever your reason, the key to selling your property within a reasonable amount of time could very well be the right price tag you hang on it whether you’re in a buyer’s market or a seller’s market.
Put your best foot forward
Your listing, amongst thousands of listings available, may get lost if you do not have something that sets you apart. A property that presents well and is visually appealing will not only attract more buyers but will also give you the right price. So, make sure all your repairs are done, windows and lights are fixed, the landscape presents well, and your furnishing is understated and clean.
Advertise your property with the right channels
Once you decide to list your property, it is imperative that you place your listing in places where your potential buyer is actively looking . Advertising is key in getting your property marketed the right way and to the right audience. Whether it is through online channels like REA, signs in the right places or targeted mailing lists, a good advertising strategy is key in getting your property off the market as quickly as possible and at the best possible price.
Method of sale
This is possibly the most confusing part of the process – choosing how to sell your property. Whether it is by auction or sale by private treaty, our agents will be there every step of the way guiding the sale and assisting with any formalities and negotiations needed.
Get ready for inspections
With advertising out of the way, you need to prep for inspections. This is where enquiries you receive are qualified into leads and where you get the potential purchaser to convert to a sale. It’s your chance to impress so ensure your property looks as inviting and sellable as possible.
Sign on the dotted line
As soon as you get the offer you are happy with, a legal contract will have to be signed to formalize the process of sale and a deposit will have to be paid by the purchaser. Once all conditions from both parties are satisfied, the sale becomes unconditional and a settlement process will be undertaken by your settlement agent. Settlement is when you can relax as this now means that your property is sold.