Real Estate NSW | A Helpful Illustrated Guide To Sell My House in NSW

Sell My House in NSW | Real Estate NSW

Mentions: Real Estate NSW, Sell My House in NSW, Real Estate New South Wales, Sell my house in New South Wales

Can I privately sell my house in NSW? - Yes, It is completely legal to sell your own House in NSW.

Check the recently Sold Properties in Queensland in your local suburb by clicking here:

Step 1: Getting your contracts prepared for real estate NSW:

Before commencing marketing, the first step to selling a property in NSW is having a contract of sale prepared. In NSW you must have this done before you commence marketing or doing buyer inspections.

It's always good to have a spare contract near-by during buyer inspections, and the need to have a contract prior to marketing applies to all properties in NSW (excluding rural properties)

Step 2 determine your property value realestate.com.au SOLD section

Step 2: Setting your list price for real estate NSW

The next step for selling your property in NSW is to set a list price. Its important to research the Sold Homes in your area before putting a list price on your property. See below some good advice for determining your properties list price.

To research your price, you can:

Research similar sold properties and for sale properties online, e.g. at http://www.realestate.com.au/SOLD

Or, Get a valuation completed from an independent property Valuer.

Step 3: Sell My House in NSW | Conducing open homes or private inspections

Now is time to arrange buyer inspections. When buyers contact you to view the property, or alternatively conduct your own open homes for an hour or so on the weekends.

Step 4: Receiving a buyers offer in NSW

The next step in selling a property in NSW is for both you, and the buyer to sign the contract of sale. You should sign your copy, and give it is to the buyer to sign also. Both the buyer and seller will need a copy of the contract.

Step 5: The Cooling Off period for real estate NSW:

The cooling off period starts after the contract has been negotiated and signed by both parties. In NSW, the cooling off period is 5 business days. During this time, the buyer can cancel the sale. If the buyer cancels the sale in this period, they’ll have to forfeit 0.25% of the purchase price.

Step 6: Settle on the Property

When the contract has gone unconditional, all you will need to do now is to wait for the settlement date. Settlement is generally anywhere from 4 to 8 weeks after the contract has been signed.