Selling your home or any property under your ownership is a big decision, but it doesn’t have to be hard work. Once you know the right steps to take and have the right professional support to ensure you get the best possible price for your property, this process can be surprisingly stress-free. Use this guide to get your property sold with the best possible outcome for your financial future.
Get expert support.
Selling a property can, for someone not trained in real estate and the legal aspects of property sales, get quite complicated. If you want to ensure that your sale goes through without any unnecessary complications and with the minimal amount of worry on your part, it’s best to get a professional service like conveyancing lawyers Melbourne on your side. They can walk you through the process and take charge of the legal matters so you don’t have to put your busy life on hold to get your property sold.
Prepare the property.
Before you set a price, choose an agent, or put your home on the market, you should get your home as close to sale-ready as you can to ensure the best possible selling price. Consider what would be attractive to you as a buyer, and try to highlight those features in your property. Tidying up the garden and outdoor area and de-cluttering your home in general can be a major help in this matter, as can sorting out any issues within the property that could cause problems.
Find the right agent.
The estate agent you choose could have a huge impact on the success of your property sale. This isn’t a decision to rush into – take the time to research agents and interview several before you make up your mind. Ensure that the agent is licensed in your state and double-check all of the qualifications they claim to have to be sure that they are a trustworthy candidate. It’s also important to get a good idea of what their track record is on sales, and how much experience they have in selling your particular type of property.
Set a reasonable price.
Overpricing your property could cause significant problems down the line. Research the prices of similar homes in your local area to get a good idea of what the average selling rate is, and try to remove your own emotional attachment to the property from the discussion. You may find that your own feelings about the neighbourhood and home influence the way you price your property, so its important to get objective input from your agent and other experts, as well as the local market rates.
Choose between a private sale or auction.
Each form of property sales has their pros and cons, so do your research first. Auctions offer the benefit of a potentially higher selling price, the certainty of making a sale, and an introduction to a pool of possible buyers to negotiate with, while private sales give you more time to think about your offers and potentially lower advertising costs. The decision will ultimately depend on the property in question and the amount of time and resources you have to put toward selling your home, so take the time to decide which would work best for you.