ClickCease

For sale by owner AustraliaPictured: Home Owner Mr. Price happy with his fast sale result of his home in Point Vernon, QLD. Saving approx $24,420 in Real Estate commission.

Aussie Home Owners saving thousands selling their own Homes

EDITOR | 2022''

The Real Estate market Australia-wide has been the busiest it's been in decades, with property buyers flocking to the market to secure their new home or investment.

Domain's National edition Ellen Lutton recently wrote an article, "Australia’s pandemic property boom continues its upwards trajectory, with the latest figures revealing housing values rose in November for the 14th month in a row."

The Real Estate boom is far from over, according to Core logics' Mr Tim Lawless.

“The heat’s come out of the market but it’s still a hot market,” he said. “The boom isn’t over. Even in Melbourne and Sydney, where it’s slowed, you’re still seeing values rise 1 per cent in a month."

A rapidly growing trend in Australia is seeing a huge influx of Home owners now selling their own Properties. In a Market where Properties are getting snapped up by potential buyers within a few hours of them hitting the market, thousands of Home Owners are now choosing the sell their own homes, opting out of paying $15,000 to $30,000+ in Real Estate commission. 

forsalebyowner reviewPictured: Home Owner Ms. Mahady recently Sold her own property in THORNLANDS & saved approx $36,000 in Real Estate commission.

According to the SaleByHomeOwner.com.au CEO, their flat-fee, no commission Real Estate structure has seen an explosion of growth over the past 12 months from Property owners Australia-wide looking to capitalise on the booming market.

"Property owners for years have slowly started realising they don't need to use traditional agents in order to sell their properties. In quite a lot of cases, our customers have been selling their homes via our service for substantially higher than the appraisal prices they were given by their local agents. Not only did a lot of them sell for higher prices, but they also saved an additional $15,000 to $30,000 in Real Estate Fees." he said.

FOR-SALE-BY-OWNER-AUSTRLIA-4-3Pictured: Home owners recently Sold property at 14 Welby St, BROADBEACH WATERS in 6 hours. Saving approx $52,500 in Real Estate commission

He added, (pictured above)"We've been having customers selling their homes anywhere from a few hours to a few days after listing their properties online. We had one of our vendors recently Sell his his multi-million dollar Broadbeach property in QLD within 6 hours of us advertising his property online. I spoke to that owner after he had signed the contract with the buyer, he said that as soon as the property went online, he had a phone call from an inter-state buyer within a few hours, and it was sold that afternoon. That's a perfect example of literally how easy it is to sell your home these days. We've had hundreds of stories like that, we hear them almost every day." 

 

He added, "That Broadbeach owner saved around $52,000 in Real Estate commission for a sale that took him approximately 6 hours to do, if he were listed with an agent, then that agent would have just earned $52,000 for a single days work."

The Markets that have been the busiest have been the Queensland, Western Australia, Tasmania and Victorian Markets, with the New South Wales market showing signs of slowing over the past 30 days. 

 

Pictured: Home owners Lucy & Marcus Brown Sold their property for full list price at THORNLANDS in 22 hours. Saving approx $15,230 in Real Estate commission

Core logics Mr Lawless, recently wrote an article indicating he expected new listings would continue to rise into the new year, which would be a key factor driving the slowdown in capital growth.

Heading into 2022, Australia’s property markets would continue to rise, albeit at a milder rate, he said.

“The market still has somewhere to go before prices start falling. The cue for the market to go down is when rate rises happen,” Mr Lawless said.

“My guess is through 2022, the rate of growth will gradually ease off but prices will probably still rise.

“Importantly, there’s going to be more diversity in the results. It’s not going to be every market recording double-digit annual growth – that will be the exception to the rule.”

 

15_Cox_Rd_windsor_ffjwwyBrisbane is now one of the fastest-growing property markets in the nation. Photo: Churchill Real Estate

Close
Hi there, do you have a question?
We are available right now to answer any questions you have.
Would you like to call or chat to one of our staff members?
Please select your prefered contact option below.


No Thanks