Selling a house can be a daunting task. You want to get the right price, ideally, make a profit and not get caught up in any legislative loopholes. Here are some of the major steps you’ll need to take in order to sell your home in Australia:
You may want to do a deep clean and fix up some things around your home before you decide to sell. This way you can increase the value of your home and ultimately your selling price.
Get an Agent
Getting the right agent will make the process so much easier. They’ll be able to advise you on the all the tricky procedures that you’d struggle with without them. Yes, they take a cut, but it is definitely worth it and their commission structure incentivises them to sell your home quickly.
Choose a Method
There are essentially two selling options to consider when selling your home: selling it at auction or putting it on the conventional property market. Both options have their pros and cons, and you may want to take your agent’s advice.
Decide on a Selling Price
This can be one of the most difficult things to do. Research on sales in your area to see the bracket you would fall into and go from there. You may need to bring in a property assessor to ensure that you’re not asking too much or too little.
Create a Vendor’s Statement
This statement you can create with your agent. This statement, also known as a section 32, explains in detail everything a potential buyer would need to know when considering buying your home.
Market Your Home
When all is in order, get the word out that you are selling your home! The wider your reach the better. Your agent will also assist in marketing and should list your home on their website.
Sell and Settle!
Once you have the perfect buyer it’s time to sell and settle. Your agent will draw up the contract which needs to be signed and once the final payments have been processed, you have successfully sold your home!