Selling Information


Selling Tips


In any market the best chance for selling your property is within the first four weeks. Studies show that the longer a property stays on the market, the less the seller will net. Below are five main factors to accomplishing this goal. Pricing Factor It is very important to price your property at a competitive market value right when you list it. The market is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell. It's interesting, but your first offer is usually your best offer. Here are reasons for pricing your property at the market value right from the start in order to net you the most amount of money in the shortest amount of time. An overpriced home: Minimizes offers, Lowers inspections, Lowers agent response, Limits financing, Limits qualified buyers and Nets less for the seller. 80% of the marketing is done when deciding on the plan for pricing your home. If you are unwilling to list at the current market value, or adju...


Method of Sale


There is no Bad method of selling a home. You just need a Good Agent and a method your comfortable with. In Residential Property in the current Sydney market there are 2 popular methods. Auction. There are 3 stages of marketing when selling via the Auction process. BEFORE - During the lead up to auction day marketing will attract interested buyers and the seller is well in there right to accept a good offer before auction. AUCTION DAY - All the buyers come together at the property and the Auctioneer openly has the buyers compete and bid for the property. If the buyers bids reach the reserve price or a price the owner is willing to accept on the day the deposit is paid with an unconditional sale. AFTER - The marketing and auction day shows the agent and owner the interested buyers and the property's current market value. Negotiations continue with these buyers until an acceptable offer is presented to the owner and they agree to sell. Private Treaty. This "For Sale" method i...


Timing


Buyers for a property can be found all year round however it's not often that a purchaser for your home is out there, just waiting for you to put your home on the market. Timing, presentation and advertising are all required to bring buyers and sellers together for the best result. Spring is often considered to be the best time to sell. It's a time of optimism and with the weather clearing, more potential buyers will be out and about. It is also a time when more sellers will put their homes on the market so there will be more competition. Winter usually presents fewer buyers, but the buyers are usually more focussed on purchasing and traditionally there will be fewer homes on the market to choose from so buyers may need to pay a premium to secure the home they want. Prior to placing your home on the market, allow an additional two weeks for you to prepare the property, solicitors to prepare the contract and the agent to prepare the marketing material. Talk to your agent ab...


Prepare your home to ensure top dollar


Staging is a crucial detail when selling your home and a good real estate agent will give you tips on how to prepare your home for sale.  It is a well-known fact that presentation is directly related to selling price. Your real estate professional will compare your home to recent resales in your area and then suggest an approximate selling price. A list of your home's positive features and exclusive details will then be documented to acknowledge this great opportunity for potential buyers. This evaluation will likely include suggestions on where to improve overall appeal. Advice may range from clearing out crowded rooms to a fresh coat of paint. The next step  includes working diligently to sell your home and for top dollar. So why should you stage your home before meeting with a realtor? This enables you to showcase all of your hard work, as well as providing the realtor with the first viewing when your home looks its absolute best. A well-staged home is attractive to pote...