One of the most popular questions we get asked nowadays is “can I sell my own property?” The answer, quite simply is yes you can, but at what cost?…
The concept behind selling your own property is to save money. The idea of saving thousands in agent fees is certainly appealing, right? And it certainly is possible to sell your own property… If you have the time, motivation and knowledge. But how much could it cost you?
Selling your own property is a complicated process and it’s the most expensive transaction you will ever make. Wouldn’t you want it to be done right?
By taking on the sale of your own property not only do you take on the added stress of successfully selling your home, you then take on the responsibility of getting it right.
The latest national statistics show on average the typical FSBO (For Sale By Owner) home sold for approximately $40,000 less than an agent assisted sale.
5 Fatal errors of selling your own property;
- Not understanding market conditions and pricing.
- Relying on inappropriate advertising and marketing that does not generate buyers.
- Not having access to the biggest property websites that are only available to licensed realtors, including realestate.com.au
- Not knowing how both the property buying and property selling processes work, both are very different.
- Most buyers will not deal directly with sellers as it can be rather confrontational.
5 Reasons to choose a good agent;
- Quality agents will help you maximize the sale price of your property by appraising it correctly.
- An experienced agent will know the true value of your property and the appeal of your local area. You are more likely to make money on your property with the help of an agent.
- Agents have sold many properties before so use their marketing experience to your advantage. They will advertise your property in all of the places potential buyers look.
- It is important that the paperwork and contracting is done correctly with your property sale. A huge number of people get into trouble at this stage. If a contract isn’t done correctly, the sale can “fall over”.
- Agents like ourselves take pride in having lists of potential pre-qualified buyers ready to buy your property. Meaning your property will sell quickly and efficiently.
