We Buy Houses Deals’ Guide to Selling in Australia’s Real Estate Market
The housing market is a complicated subdivision of the whole Australian real estate industry. If you are planning to sell your own property, then you will definitely need experts in this very challenging business. Experts like Sydney-based We Buy Houses Deals has become, for many years now, the primary agent to go to for many Australian residents who wish to sell their houses fast and hassle-free. They are available in many parts of Australia so it is easy and effective for many people to engage in property business with them.
Selling your own house should not necessarily have to mean that you will entirely depend on your real estate agent. It is also absolutely essential for you, the seller, to have primary knowledge about this business undertaking too.
So, here are important tips from We Buy Houses Deals on selling a housing property which. These tips, you never know, may become an important stepping stone for your bright future in the real estate business.
Checklists are Essential
Organise a checklist of important things related to selling your house. Even if you think you have the sharpest of memory, you will realise the benefits of having a checklist because it will remind you of something that you may usually forget if you didn’t put it in writing. It will therefore significantly help you in avoiding mistakes.
Here are some of the important things that you should include in your checklist when selling a property:
- Repair costs that will be needed in order to refurbish the house into looking new and more liveable.
- Taxes that will be imposed in any transaction related to the sale of the house.
- Fees in all the transactions, including legal representation.
- Your personal goals in selling your home.
- Capital gains tax on investment property sales.
You can ask some helpful guidelines from your real estate representative on many other important things that should go into this checklist.
Valuing the House
Generally, the value of the house will be determined by the prevailing market condition of similar property type. It is imperative that you should have a licenced real estate agent who will come up with the final price for your house. But, it is necessary that you too will understand the different elements that dictate the final price.
The final house value should be a realistic monetary representation of your property. This value must be sufficient enough to get the most out of the sale but not too pricey for its property type. Some of the important parameters in coming up with the house value are:
- The current condition of the property market.
- The prevailing interest rates for a house property,
- Availability of financing scheme for buyers.
- The type of property.
- The average price that similar properties within the area have sold for.
You can ask your real estate agent to expound further on these elements so that you will be very confident in the final value, especially when a buyer tries to negotiate for a lower price.
Making Your House Marketable
You have prepared everything needed to put your house for sale. Now you will need potential buyers to look into your property and be impressed by what they will see.
You already know that different potential buyers have different tastes but one thing is for certain: they will be impressed by the most attractive property that will give them maximum value for their money. So start by thoroughly cleaning the house so that it is extremely presentable. You aim should be to come up with something that will look like a model house– that looks brand new, inviting and homey for potential buyers.
Undertake whatever repairs are necessary. You can even hire a professional who can transform your house to look more spacious, more appealing with your privacy kept intact while your house is being put on sale.
The additional expenses for the repairs and professional fees in transforming your home may be included in the final value of your home. So it is also important to consider this aspect before coming up with the final house value. Consult with your real estate agent about this.
Dealing with Contracts and Titles
Selling your house will only truly end once you have taken care of the legal aspects and the necessary paperwork. It is important to have appropriate contracts and titles complete, clear, and ready for transfer.
So, hiring a professional and licenced real estate agent will really go a long way in relieving you off of the stress in the actual legal process. Instead of checking the titles and doing the actual paperwork yourself, the real estate agent will do it for you. And because the agent is well-experienced, he or she would be able to execute faster and easier ways to accomplish it, aided by his or her network of professional lawyers and other real estate experts.
Choosing the Right Real Estate Agent
Picking the right agent is a crucial step in successfully selling your house and doing away with all the legal matters that it will entail. So choose your agent wisely. You can go by the following guidelines:
- The agent must be licenced for the job and is a certified member of the local or national association of real estate agents.
- He or she must be well experienced in the real estate market, especially in the type of property similar to the one you are selling.
- The agent must be willing to meet your needs and goals for your property.
- The agent must stick to your requirements and not impose his or her own.
- The agent should be able to provide favourable testimonials from previous clients.
If you are still confused on which agent to choose, then you should look no further than We Buy Houses Deals. They have the competency and expertise in selling houses fast and hassle-free. They have been in this industry for many years and they have served many extremely satisfied clients all over Australia.
Don’t hesitate to contact them by logging on to www.webuyhousesdeals.com or dialling +61 2 9922 5601. They will surely work wonders in selling your house quickly, easily, and without the unwanted worries.