Home Open Australia offers sellers a platform to advertise For Sale By Owner Properties. We are not a real estate agent, but an independent real estate listing website that gives sellers the full control to list their own property for sale online. Potential Australian buyers can browse our website and if they are interested in a property that is listed then they can contact the buyer via e-mail or telephone.
Before you consider selling your own home www.homeopenaustralia.com.au advise that you seek the guidance of a qualified legal professional. to oversee the legal documentation, deposits, appraisals, evaluations and the settlement of your home. Each state in Australia has different laws when it comes to selling your own home. It is recommended that you contact your local government agency for full details on property laws in your state.
Studies have shown that the leading contributor to an online home sale are photo's. Its vitally important to display professional looking photo's in order to gain the interest of a potential buyer. We recommend that you look at the big real estate agent web sites such as www.realestate.com.au to get a look and feel of what type of photo's you need to sell your home online. Get as many pictures of your home as possible, be sure to display every aspect of your home through photography.
You assume full responsibility to ensure the details and terms of service set out in any contracts that you may have with an Estate Agent or Similar that you have instructed to market your property. The Company makes no warranties to cover any cost that you may incur.
You must ensure that you comply with any legislation covering your property and any local requirements regarding reports and documents.
If the idea of hiring a real estate agent to sell your property rubs you're the wrong way, you should know that you have the ability to sell your home on your own. However, prior to committing yourself to the process, you should factor in all the necessary steps involved. In this article, we will outline the process and provide tips to help get you started.
Step 1 - To start, you should figure out whether it makes financial sense to burden yourself with the expense and time necessary to sell your home on your own. For a rough estimate, on a home that sells for $100,000, the savings will generally amount to between $3,000 and $5,000, assuming the person purchasing the property uses an agent. In cases where neither party uses an agent, you can expect to save anywhere between 6 and 7 thousand per $100,000. While this is quite a number, be aware that you will be incurring various marketing expenses due advertising and promotion required to get the word out.
Step 2 - Serving as your own agent essentially means that you'll be required to be available at all times in order to answer phone inquiries and scheduling viewings. If you have a full time job or are otherwise unable to take the time to handle these aspects, then it may make more sense to look into hiring an agent.
Step 3 - Look into additional options by which you can sell. Sale by Owner organizations are able to offer marketing resources and tools at an expense running far less than what a typical real estate agent would cost.
Step 4 - Take the time to research the prices that other homes in your neighborhood are being sold for. In this way, you will be best able to determine a reasonable price. Be sure to take your closing fees into account in addition to your selling expenses, and the cash amount you are looking to have post sale.
Step 6 - Create a general fact sheet outlining the features of the home along with a full color photo of the property. This should also include asking price, various features, utility pricing information, taxes, and contact info.
Step 7 - Make your property known! Get your fact sheets to local real estate agents, place ads, put up signs, and post fliers on local bulletin boards and other public forums.
Step 8 - Schedule your open house and SELL SELL SELL!
