Want to know how to sell a home privately in Australia
? Thanks to the power of the Internet, you can now research online through sites such as realestate.com.au and domain.com.au which provide tools to evaluate properties which are similar in size and recently sold in your area. This will allow you to set a realistic price for your home.
1. Register yourself with magicsell.com.au
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2. Set a price
Thanks to the power of the Internet, you can now research online through sites such as realestate.com.au and domain.com.au which provide tools to evaluate properties which are similar in size and recently sold in your area.
This will allow you to set a realistic price for your home.
3. Present Your Home Well
Just like how an agent would tell you to put your clutter away, do exactly the same, without being told.
A prospective buyer is interested in a presentable home and really in no mood to step over toys or trip on a curled carpet.
Bathrooms and kitchens are keenly observed by prospective buyers so if a renovation is due, do it now. If renovation is not on the budget, then ensure a quick paint or keeping the area as decluttered as possible allows the buyer to visualize the changes they may potentially have to do after moving in.
4. Clear and Concise Property Descriptions
Once you have the pricing and are ready to open the doors to your home, you need to ensure you have a solid description to entice buyers through your home.
Again, you can see some great descriptions of homes for sale online and you can borrow the ideas and then write your description. Keep the narrative short and sharp and let the photos do the rest of the talking.
5. Capture the Best, Leave the Rest
If you take great photos without shaky hands, go for it, otherwise hire a professional photographer who normally charges around $250. If you are planning to take your own photos, please only take photos of your property and not your neighbours, better-looking home.
Common areas like the dining and living areas should be photographed well.
If you live on a rural property, take a few long shots so that buyers can view the land available.
If it is an apartment for example, instead of showing photos of the bathroom, consider taking shots of the fixtures, balcony etc.
6. List the property
You are now ready to submit your listing with magicsell.com.au
Your property will then populate and appear on realestate.com.au and domain.com.au and other major listing sites. Ask us about our international package where you can reach out to Asian Investors!
7. Arranging viewings
You can choose a time which suits you to show your home; open for inspection. You can either do that or offer personal viewings. The choice is entirely yours.
Ensure, your attractive brochures are ready to be handed out. Please make sure that you do a spell and grammar check!
8. Find a conveyancer or solicitor
In the meantime, organize for the legalities such as a conveyancer to help organize the contract of sale.
9. Negotiating a price
Many homeowners find this the most challenging part of selling their home. Just remain cool and calm. You know the figure you want to sell your home for so there is no need to be nervous, tense of intimidated when the buyer is in negotiations with you.
Remember, you have the final say, not them.
If it does turn out that the property has to remain unsold, politely decline the offer. Never burn your bridges as you may just end up accepting the offer at some later stage. If you have been genuine and the buyer can feel it, you may be pleasantly surprised when they up their offer and decide to pay more.
10. Accepting an offer
It is okay to accept a verbal offer which can then be followed up by post or email. However, this is not legally binding until a contract is signed by two parties.
12. Instruct a conveyancer or solicitor.
The conveyancer will take care of the rest of the paperwork and a deposit of 10% is placed in a trust account upon signing the contract.
13. Walkthrough before final settlement
At this final walkthrough, please make sure that you have a witness present with you and settle disputes, if any. An example could be that the buyer may have wanted the kitchen painted and they want to make sure it has, etc.