Selling your home? Here are the first steps to take
There is more to selling your home than putting up a ‘For Sale’ sign on your front lawn. Here are the first things you should check off your list to help you get the largest return from your investment and to ensure the process runs as smoothly as possible.
Choose a quality agent
Asking family and friends who have purchased or sold a property about their experience is a great way to ensure the agent you’ve enlisted will provide quality service. A website and promotional material will always highlight the agent in the best possible way, but word of mouth and past client reviews will show their true colours.
Make sure the agent specialises in your area and is someone you feel comfortable around as they don’t just negotiate prices on your behalf, they also act as a mediator and represent you as a vendor.
Prepare the paperwork
Getting together all the documents required is a tedious yet necessary part of the process. Before a property can be marketed for sale, your agent requires a copy of the Contract from your legal representative. From a disclosure document to a home loan pre-approval, ensure all the paperwork is prepared in time to ensure it all runs smoothly.
Don’t take things personally
Remember this is a business transaction; don’t feel insulted if you receive feedback on the property that doesn’t match how you feel about your home. To ensure you come out with the best deal, remove all emotion and think of your house as a commodity.
Your property won’t sell itself
Thinking that your home will sell itself can be a costly mistake. Despite how much you like the way you have it set up, furniture, flooring and painting changes can make a big difference to the property’s wider appeal, and marketing it widely can increase the competition and, therefore, the price.
Engage in a thorough marketing campaign and invest in presenting your property in its best light Trusting your agent’s strategy can help secure the best financial result.
Speak to your broker
If you are making a decision to sell, speak to your finance broker to ensure that your plans after selling – whether you are buying a similar property, upgrading or building – are actually feasible.
Speak to their broker first to make sure your plans for post-settlement are realistic. There is nothing worse than selling your home and then not being able to achieve what you had set out to do.
Surround yourself with a good team
When all of the people in your network, including your broker, conveyancer and agent, communicate effectively will help you derive a better result. Hence having a good team around you is the key to a successful sale.
If you have any question please feel free o call us on 0487 344 352.
Disclaimer: The Information is general in nature and does not take into account your particular investment objectives or financial situation. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and is not an invitation to take up securities or other financial products or services. No decision should be made on the basis of the information without first seeking expert financial advice. Your full financial needs and requirements would need to be assessed prior to any offer or acceptance of a loan product. Subject to lenders terms and conditions, fees and charges and eligibility criteria apply.