Contract of Sale and Deposit
Once you have agreed to all terms and conditions, the Contract of Sale needs to be written and then signed by all parties.
Typically a deposit of 10% is paid by the buyer to seller at the time the Contract of Sale is signed and exchanged. This figure, however, is negotiable and should be one of the terms stipulated in the Contract of Sale. As the Seller, your legal representative usually holds the deposit in trust until settlement. Continue reading
Closing the Deal
There are four key stages to go through as you close the sale of your property:
* Negotiating the terms of the sale
* Contract of Sale and Deposit
* Final inspection by the buyer(s)
* Settlement Continue reading
You know your own home better than anyone else. Which makes you better equipped than any real estate agent to display the key features of your home and to discuss the joys and pleasures of living there. You are also better placed to talk with interested buyers about the neighbourhood and its history, as well as to make recommendations on schools, shops, local service providers and even restaurants.
Remember, the buyer of your home is moving into a new place where they will want to feel welcomed. The more inviting you can make you can make your community and the surrounding environs, the more likely your property will go to the top of their preference list. Continue reading
Now that you have done your research on pricing, obtained a professional valuation, and made the necessary improvements and fixes to make your home shine, you are ready to have your website built and/or list your property on other real estate sites where many people visit.
Up to now, you have been spending money preparing to sell your house. Now it’s time to save! Continue reading
Though it may still be weeks or months away, now is also a good time to start preparing for your own move into a new home.
You can start with getting quotes from removalists. And, as you de-clutter your house, now is a good time to start packing things in boxes that you will not need until you settle into your new place.
As things start to get urgent once your house is listed and the sale closes, it is best to get ahead of the game by identifying how to forward your mail, which organisations will need to be advised of your new address, and when to schedule the changeover of utilities and phone accounts. Continue reading
When you choose the option to sell your home privately over selling through a Real Estate Agent, you will not only save thousands of dollars in Agent’s fees, but you will also learn a great deal about the Real Estate market in the process, which could lead you on to other things in the Real Estate sector, for example, Renovating for Profit. Read on and learn more about how to sell your home in Australia.
That first impression is the key to successful property marketing. Stand across the street and view your house as if seeing it for the first time… then get to work to make sure the next person to see it for the first time will like what they see. Ask a friend to give you their first impressions of your property, inside and out – then invest time, effort and value-adding money into creating a positive impact.
Most buyers decide within the first minute whether or not the property is for them, so make every point a selling point by ensuring your house meets the 3 C’s of selling; Continue reading