Selling a house is much more than just identifying a good agent in the area and ensuring your home is spruced-up for inspections or open. Here is a simple guide that will help you sell your property more effectively:
Preparation is Important
Once you have made your decision to sell, there are certain things you should be doing even before you consult an agent. Tidy up the place and de-clutter your home to ensure that the property is “open home ready”.
Choose the Right Agent
Your choice of agent can be the difference between a quick sale and a home that languishes on the market for a very long time. Be diligent with looking for a good real estate agent. Attend some open houses and observe the agents that are handling the sale. You should also ask them questions related to real estate and see how knowledgeable they are.
While you can provide your details, you shouldn’t admit that you are selling. Wait and watch which of the agents are proactive with calling back; these are the ones you should consider hiring. Check their track record and reputation in the market before you zero in on one you would like to do business with.
Decide Which Sales Method You Want to Use
While there may be a specific sale method you are comfortable with, you should also be open to listening to the advice of the real estate agent too. Auctions work very well, but you need to be willing to invest in marketing and the market dynamics have to be suitable as well.
Set Your Selling Price
It’s crucial that you set the selling price correctly. It’s a known fact that the market doesn’t react favourably to over-priced listings. In order to set the right price, it’s important that you conduct research on the local sales. You can check recent sale prices on various real estate websites and combine this knowledge with the current market analysis your agent has conducted; this will give you a more realistic and accurate expectation.
Review the Agreement with the Real Estate Agent
It’s crucial that you read the agreement that’s being offered and have a set of relevant questions ready. If you need any changes to be made, ask for them before signing on the dotted line.
Ready the Vendor’s Statement
This is also known as section 32 and it gives buyers details about various things they need to be aware of before purchasing the property. This is typically prepared either by a conveyancer or a legal practitioner.
Extensive Marketing Matters
Its simple- if you want your property to attract attention and sell quickly, you would have to market it well. There are a number of avenues you can use, the most effective one being the Internet. You would need good pictures, and excellent presentation and copywriting.
If you are looking to buy or sell real estate, contact Stefon Bertram, the most reliable and reputed real estate agent in Sydney, at this number- 0404 071 51.