INFORMATION FOR SELLERS
- Am I a motivated Vendor? Am I genuinely committed to selling or am I simply testing the market?
- Keep your sale price expectations realisitc and be guided by the experts;
- Remember, it’s a very expensive way of finding out the value of your property by putting it on the market;
- Prepare a budge – selling your property is a commercial decision. All commercial decisions have a cost;
- Do not cut corners or take short cuts. You want the sale and conveyancing of the property to be as smooth and hassle free as possible;
- If there are specifid exclusions, you need to make sure that they are noted in the Contract for Sale when it is prepared to avoid any problems on the day of settlement.
Think like a Purchaser
- On sale of a property, a bit of lateral thinking goes a long way; think like a Purchaser;
- What can you do to help the property sell faster at a higher price? This may include obtaining a Pre-Vendor (Housesafe) Inspection from H & K Ryan & Associates or some other reputable Building Inspector. We recommend that you visit the following website :- www.pre-purchase.com.au. The purpose of this inspection is to ensure the property can become a viable sale
When choosing an Agent :-
- Don’t necessarily choose the agent that gives the highest market appraisal, or offers the cheapest commission;
- Key qualities of a real estate agent should include :-
Service, Honesty, Keen for referral, Trust, Dedication and Professionalism
- Remember, in the final analysis, you get what you pay for. Thoroughly check the agent’s advertising arrangements and carefully check the Agency Agreement the agent asks you to sign. (Make sure that it is specific for your situation).
Preparing your Property for Sale:-
- Keep the property in good, clean condition;
- Clear out the clutter – the less furniture you have in the property the roomier it looks
- Consider the immediate impact of the property having a neat and tidy appearance, inside and out
- Let in the natural light
- During inspections arranging flowers, brewed coffee or freshly baked goodies add impact;
- Soft music helps dampen external noise
- Purchasers are usually more relaxed if the Vendor is not present during the inspection; and
During the Sale
- Once you have engaged an Agent make sure they have a full set of keys and the rest of your keys are handed over on settlement day including window locks, letterbox keys etc
- Remember to keep paying your insurances, rates, levies and most importantly your mortgage. You could be in default if you stop paying the mortgage during the sale process.
Release of Deposit paid by Purchaser
- If you are buying another property and your Purchaser does not agree to releasing the deposit to you, ask us about the availability of a Deposit Guarantee Bond. We are able to provide you a brochure on how these Bonds work and if you require a Bond to purchase another property we can arrange to obtain one on your behalf online for you as soon as you have obtained an unconditional finance approval from your Lender.
Close to Settlement
- Remember to leave behind all of the inclusions provided in the Contract;
- Contact the relevant authories to read meters such as electricity and gas (no need to contact Sydney Water)
- Contact your telephone provider regarding your telephone service and possible redirection of your phone number and/or internet connections
- Contact your local Post Office to arrange a re-direction of your mail
- Arrange for your building and contents insurance to be transfered to your new address
- We attend to the settlement for you on the appointed day and there is no need for you to be present at this time.
- Vacant Possession means that on settlement you must remove all of your items excluding fixtures from the property and leave the property in a clean and tidy condition – as you would expect to find it
- As the Vendor you must be able to hand over possession of the property from the moment settlement has taken place – not the evening or the day after;
- You have to book your removalist for the proposed settlement date and be prepared to move on that day (not that evening or date after). If you are in need of a removalist we would recommend that you use Brayden Removals – www.braydenremovals.com.au.
- The Purchasers are entitled to a final inspection and this usually happns on the day of settlement or sometimes the day before.