Selling a Property
Moving on to greater opportunities…
Before selling your property in Victoria, it's essential to consider whether a private sale or auction is the best option for you. With a private sale, you'll have the chance to negotiate the sale price and terms with potential buyers and may choose to engage an agent to help you.
The contract of sale can be conditional, giving you more control over the process. On the other hand, at a public auction, the sale price is determined through competitive bidding, and the contract is typically unconditional. While auctions can create a sense of urgency and competition among buyers, there are additional costs to consider, such as the auctioneer's fee. Be sure to weigh the advantages and disadvantages of each option before making a decision that suits your needs and preferences.
We have a few selling tips for you…
Choose the right time to sell - research market trends and consult with real estate professionals to determine the optimal time to sell.
Prepare the property for sale - make any necessary repairs, clean and declutter the property, and consider staging it for potential buyers.
Price the property accurately - research comparable sales in the area and work with an experienced agent to determine a competitive and realistic price.
Market the property effectively - use professional photography, create an online listing, and promote the property through various channels, such as social media and email marketing.
Respond promptly to inquiries - ensure that you or your agent responds to all inquiries in a timely manner to maximise potential interest.
Negotiate and finalise the sale - work with an experienced conveyancing service and legal professionals to negotiate the terms and finalize the sale.
Keep accurate records - keep a record of all documents related to the sale, including contracts, financial transactions, and correspondence with buyers and professionals involved in the process.
Plan for additional expenses - consider the costs associated with selling a property, such as commissions, closing costs, and taxes.
Follow up with buyers and professionals involved in the process to ensure a smooth transition and resolve any outstanding issues.
Be patient and flexible - selling a property can be a lengthy process, so it's important to stay patient and flexible throughout the process.
