Selling your house Privately will most likely be one of the most important financial moves you will make in your life. Not surprisingly, the process to Sell your own Home can seem like daunting process with a long list of to-dos. However, you don't need to be technology savvy to Sell your own Home via the 'For Sale By Owner' method.
The 'Sell My House' process is actually quite simple, it's just a matter of doing a bit of homework. The first step to Sell your own Home is to search for the recent Sale prices of homes in your area. This should only take about half an hour as all the information you need is in the Sold section on realestate.com.au.
Most importantly, Selling your House privately in Australia is legal, very easy, & it will save you thousands of dollars in Agents commission & expensive advertising fees. Owners who choose to do a For Sale By Owner sale can expect to save potentially tens of thousands of dollars.
So you've seen the light and decided to sell your house online. The good news is, it's a lot easier than you may think. We've put together list of tasks below to help easily walk you through the process of finding a buyer for your house online.
The birth of the internet has made selling EVERYTHING easier and more profitable. The internet has enabled people to connect with one another in a way like never before. Once a Real Estate agent was essential for selling, but now its as simple as creating an ad & getting your property seen by buyers on Australia's realestate.com.au & Domain.com.au.
Should I Sell My House now, or Sell My House next year? Whens the best time?
The buyer Demand for property in Australia has undergone substantial growth and continues. If you're a Property owner looking at Private House Sales, you can potentially Sell your own Home, and Sell without agents in one or two days, especially in larger cities – without using real estate agents. More and more buyers are preferring to deal directly with For Sale By Owner properties.
The For Sale By Owner, FSBO, or 'No Agent Property' method of sale is:
How can I Sell my Home quickly? Firstly, as a No Agent Property, you may miss out on a few tips that an agent will give when sprucing up the Home. Making it more attractive will absolutely speed up the sale and maximise your sale price. Here's a few quick tops to Sell your Home faster:
When a buyer is looking to buy a new home, they will immediately garner an opinion of it when they arrive at the property. First impressions count! Improving your home’s “Street appeal” is an extremely effective way to speed up the process to sell your own property. It's important to take a look at your house from a buyers perspective.
As an absolute minimum, you should:
The birth of the internet has made selling EVERYTHING easier and more profitable. The internet has enabled people to connect with one another in a way like never before. Once a Real Estate agent was essential for selling, but now its as simple as creating an ad & getting your property seen by buyers on Australia's realestate.com.au & Domain.com.au.
We are a licensed Real Estate agency. Only licensed real estate agents can place property listings on realestate.com.au. Aside from being a customer, we are not otherwise affiliated with realestate.com.au
Helpful links:For Sale By Owner Properties, Sell My Home, Private House Sales, No Agent Property, Sell Your Own Home, Sell My House Privately, Private Sale Real Estate, Private Homes For Sale, Sell Without Agents, Advertise on realestate.com.au, Advertise on Domain.com.au, Sell My Place, Selling a House Privately, Sell house
When you choose to Sell your own Home, the key here is to do your research; go to the 'SOLD' section of realestate.com.au & see what similar properties are selling for in your area. This is exactly what Real Estate agents do when they are determining an appropriate list price for your home.
You can visit the SOLD section of realestate.com.au by clicking this link & inserting your property suburb.
If you’re selling your house privately then your time is money! By having your house tidied & ready to go (perhaps with a fresh lick of paint here and there), you’ll be making your house much more sellable… and a quick sale means no more having to spend your time showing people around! - If you do decide to paint before you Sell your own Home, only use neutral colour schemes, that light-coloured shade of green and purple that you love soo much, probably isn't going to appeal to the general population. Here's a link to the Bunnings website to help you pick out a nice theme sell your home.
The great thing about todays day and age, is that MOST buyers are looking online! - So it's absolutely crucial when you're looking to Sell your own Home that you have your property listed where all the buyers are looking.
When Selling your Home in Australia, it is absolutely crucial to Advertise on realestate.com.au and Advertise on domain.com.au. Both websites have done an Amazing job at capturing the eyes of almost all of the buyers in Australia.
This is where the overwhelming majority of Real Estate agents get their buyers from. Our 'For Sale By Home Owner' service also offers a number of other advertising options such as Photo signs, Open Home signs, Open Home flags & Facebook marketing.
This is pretty fool proof - Whenever a buyer calls or emails you, simply arrange a day and time that they buyer can come & have a look at the house.
When you Sell your own Home, during inspections, most buyers appreciate you letting them look around the house at their own pace. You'll be surprised to know that most inspections only take around 10 to 15 minutes from start to finish, its best to follow them up with a call or text message after they've left to gauge their interest.
The most important part when you're negotiating to Sell your own Home, is to decide how much you are willing to accept beforehand, and focus on not going below that figure.
Don’t worry too much if you have to turn down an offer; it’s really quite common, and so long as you do so in a friendly and cordial way then you will still be leaving the door open just in case the buyer decides to come back later with a revised offer.
This will usually be done verbally in the first instance, but be sure to ask the buyer to send written confirmation via email or post. Most of our 'Sale By Home Owner' customers get the buyer to fill out or letter of offer form which can downloaded Free from our website. This is a great thing to have when your Sell your own Home.
The final Step! - Your Settlement date is determined between yourself and the buyer when you both enter into the contract. Most Settlement dates are usually between 30 to 60 days, however some can go longer if agreed by both parties. Normally your solicitor or conveyancer will handle settlement of the property for you.
After Settlement, you hand over your keys and the new buyer will take possession of the property.
Should I Sell My House now, or Sell My House next year? Whens the best time?
The buyer Demand for property in Australia has undergone substantial growth and continues. If you're a Property owner looking at Private House Sales, you can potentially Sell your own Home, and Sell without agents in one or two days, especially in larger cities – without using real estate agents. More and more buyers are preferring to deal directly with For Sale By Owner properties.
The For Sale By Owner, FSBO, or 'No Agent Property' method of sale is: "The process of selling real estate without the representation of a real estate broker or real estate agent. Homeowners may employ the services of marketing or online listing companies or market their own property but do not pay a commission and represent themselves with the help of a lawyer or Solicitor throughout the sale."
How can I Sell my Home quickly? Firstly, as a No Agent Property, you may miss out on a few tips that an agent will give when sprucing up the Home. Making it more attractive will absolutely speed up the sale and maximise your sale price.
Here's a few quick tops to Sell your Home faster:
When a buyer is looking to buy a new home, they will immediately garner an opinion of it when they arrive at the property. First impressions count! Improving your home’s “Street appeal” is an extremely effective way to speed up the process to sell your own property. It's important to take a look at your house from a buyers perspective.
As an absolute minimum, you should:
Are there any dangers or things to be wary of when I Sell my own Home?
Yes, theres a few minor things to look out for with Private House Sales. Firstly, be wary of anyone wanting to make offers or put a contract on your property without first viewing the property. This can potentially lead to legal disputes after settlement if they arrive at the property and see something that wasn't mentioned in the property advertising.
When I Sell my House Privately, can a buyer Buy my House without first viewing it?
Yes, although this isn't always advisable with Private House Sales. However, this is becoming more and more common thanks to iphones and technology. For example, if you live in Melbourne and a buyer has contacted you from Sydney after just selling their Sydney property. They may not have time to fly down to Melbourne to physically inspect your home. A good thing to do is to do a Facetime video call with the buyer from your iPhone or smart phone. You can give the buyer a guided tour of the Home and give you both peace of mind for the purchase.
If I Sell my House online, who handles the Private House Sale settlement?
When you Sell your own Property, or Sell Without Agents, you're still conducting a normal sale, the sale way any Real Estate Agent would. You simply contact a local solicitor or conveyancer and get them to handle the legal side of the property transfer for you.
How to Sell your own Home when the buyer isn't viewing the property first?
Be sure to contact your solicitor and conveyancer and get their advice before entering into any contract. There are some handy legal clauses that can be added into the special conditions on the contract that specifically deal with these sales. Here's some special conditions that you might find useful for your sale: https://www.krg.com.au/agents-corner/special-conditions/
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