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 adjust to mee...

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Presentation


Front Yard Factor Your front yard immediately reflects the inside condition of your house to the buyer. People enjoy their yards. Make certain that the trees are trimmed so the house can be seen from the street. Have the grass mowed, trimmed and edged. Walkways should be swept, clean away debris and remove any parked cars. This all adds to street appeal. If a buyer doesn't like the outside, they may not stop to see the inside. Paint & Carpet Factor Paint is your best improvement investment for getting a greater return on your money. Paint makes the whole house smell clean and neat. If your house has chipped paint, exposed wood, or the paint looks faded, it is time to paint. If your carpet is worn, dirty, outdated, or an unusual colour, you may need to seriously consider replacing it or polishing the floor boards. Many houses do not sell because of this problem. Don't think that buyers have more money than you have to replace carpet. They don't. They simply buy elsewhere.

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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 is most com...

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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 marketing 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 about a plan t...

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Sydney home prices lead recovery


 The Australian Property Institute's (API) Property Directions Survey suggests Sydney property values are rising, while other capitals will be slower to rebound. The survey, which taps real estate professionals like analysts and valuers, found that Sydney residential property values are climbing more rapidly than other cities. Brisbane is struggling to keep up and Melbourne is performing under expectation. "In one year's time, residential property is seen as having commenced the upswing in Sydney and Brisbane, with Melbourne seen as reaching the bottom of the cycle," said the API in a statement. "In two years' time, respondents see residential property as moving further along the upswing with Melbourne lagging behind Sydney and Brisbane." The survey found the commercial property market is improving faster than the residential market, with industrial values rising in all east coast capitals. The strongest price growth in the next 12 months is anticipated in Brisbane, while Melbourn...

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Prepare your home for sale at 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...

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