11 Steps to Selling your Property
11 steps to selling your property
Helpful Tips: Here's 11 Steps to Selling your Property: Selling your Property can be a very simply task. Once you know the fundamentals of how to market your home, the rest is actually quite easy. Here is a quick overview of the various steps involved in selling a property.
1. Deciding to sell your Property:
Consider what is happening in the broader Real Estate market and what is best for your particular situation. Deciding to sell your property yourself instead of choosing a Real Estate agent can be incredibly rewarding, and once you've done it once, you'll never go back to the old ways!
2. Choosing the right marketing package:
You're in charge of finding the right marketing package that will suit your home and your budget. You can view available Options via the Marketing Package Page.
3. How do you want to Sell:
work out a plan for your listing, Do you want to advertise a price or no price?
4. Determining your selling price:
And property inclusions comes next. Your property’s location, size, age and features will be assessed, as will the current market and area trends.
5. Sign your general listing form:
Once you have created your property listing with SaleByHomeOwner.com.au. You'll need to electronically sign the general listing form. Note, this is a legal requirement, however it is a no-lockin agreement, which can be cancelled by you at any time.
6. Prepare the Vendor’s Statement:
(or Section 32) for your property and the Contract of Sale through your solicitor or conveyancer. These will include all of the details prospective purchasers will need.
7. Advertising and showing your property:
This generally involves photographing your property, drawing up floor plans and writing your online ads.
8. Going on the market:
Prospective buyers will contact you via phone or email to view your property, or attend your open homes.
9. Sale and negotiation:
Once you find a buyer, simply negotiate on price until you both reach a mutually acceptable price. This can be done in person, by phone, email or text messages. The buyer will then pay a deposit.
10. Under contract:
Between you and the buyer. Simply work out the details of the sale to ensure both parties meet all legal and financial requirements.
11. Settlement day:
You're almost there. On settlement day, you’ll relinquish the keys and legal rights to your property in exchange for the balance of payment from the buyer or their bank. Congratulations, you can break out the bottle of Champagne, as you've just Sold your Home without paying Real Estate commission!
Why following these 11 Steps to Sell your Property is the key to success:
The 11 steps to Selling your Property are basically what traditional agents follow when listing a vendors property. By following these steps you should easily be able to sell your own property.