When you make the decision to sell a property you naturally want the best outcome possible. Your property management in Ingleburn can advise you on what method they think will best suit your particular home; you can continue reading to learn a bit more about your options.
Auction method
The auction method is an effective one. Prior to the auction, a knowledgeable real estate agent with invaluable experience in the field will engage in a four-week marketing plan to ensure good exposure to all potential buyers. Because buyers know they have a deadline to decide if they want the property they are more likely to ‘strike while the iron is hot’ which is good news for you.
There is no cooling off period for the buyer so building and pest inspections are expected to be carried out prior to auction and have pr-arranged finance approval. The winning bidder is required to pay a 10% deposit on the day of the auction and sign an unconditional contract. Auctions are usually very effective because a crowd will bring about competitive bidding, pushing the sale price higher.
Private treaty method
The private treaty method is effective also, but not without its downfalls. Once you have decided on an initial asking price your home is then on the market and up against many other homes purely because of the asking price. Potential buyers will be able to view your home by appointment or possibly an open home. Over time, approximately six to eight weeks after marketing has begun, the opportunity for a big sale will greatly reduce, which means your asking price is very likely to be negotiated down.
Custom property launch
An agent who knows how best to market a property will likely offer a specialised property launch that is only offered by their real estate company. This method is designed keeping the needs of the seller in mind and maximising exposure through marketing. For best results, it should play out a little like this:
Once you decide the asking price or price range, your property should be marketed rigorously for a couple of weeks leading up to the first open home, no inspections will be made at this time. When the first open home takes place each group will be escorted through the property whilst the agent outlines all the benefits and features of the home; potential buyers will be invited to make an offer in writing.
On the same day of the open home, negotiations will begin with buyers who have made offers; they will be offered a cooling off period subject to finance as well as building and pest inspections.
Any three of these methods can assist you well in successfully selling your property. To get in touch with an agent in Ingleburn who will listen to your wants and work with you to get the right sale, please visit http://www.prudential.com.au/.
