Private Sale Of Real Estate In Australia

Real estate private sale can be both exciting and challenging especially for people who are trying it for the first time. With the availability of helpful and valuable information, support and tools on the internet it has become quite easy and convenient for people to sell their homes on their own.  The main advantage of real estate private sale is to save on agent’s commission which can run into thousands of dollars.   

Selling on the Internet

There are several websites dedicated to real estate private sale helping thousands of people to sell their homes privately. They list the houses for a small fee and charge no commission. They are not agents but act as a platform for the seller s and buyers of houses to meet. Some of them offer free consultation too. You have to fill out a form online giving details of your property with a few other relevant information about you.   The site makes it possible for you to get a good number of enquiries from genuine buyers who are looking to buy properties. The potential buyers contact you directly and you can interact with them to make a successful real estate private sale. These sites display your property online so that it is available 24/7 to be seen by prospective buyers. Your information is kept confidential to maintain your privacy. You can list your property with photographs and even virtual tours are allowed in some sites. The site offers the flexibility for both sellers and buyers to deal with each other directly to enable you to get instant feedback and the desired result. Some of them also offer online help and customer service at every step as they have experienced and knowledgeable professionals on their team.


Ways of advertising
  • You can also use flyers as a medium of advertising your real estate private sale.  Statistics reveal that 80 percent of home buyers bought homes from within the neighbourhood in which they live.  Flyers are also cost effective to reach out to the local population.  Display them in supermarkets, clubs and associations.
  • ‘For Sale’ sign boards are the most effective form of advertising your real estate private sale. They attract the attention of the local people who may be looking out to purchase a home in the area and the word also spreads fast as the sign boards makes their way into every conversation and so word of mouth advertisement is also achieved.
  • Newspaper advertising is a good way as prospective buyers look for properties in the newspapers of Saturdays and Sundays. They attract buyers instantly and cost much less.
  • Other ways to advertise the real estate private sale are through direct mail or magazine advertisements, conducting open house etc.
Advantages

The main advantage of going for real estate private sale is that you have full control of the entire process of selling your house. You determine the selling price based on your own research of the market, you can deal with the prospective buyers on your own and thereby you can save on marketing costs & the agent’s commission. Real estate private sale is the best option for anyone who wants to avoid the hassles of conventional selling using the services of agents.

Posted on Wednesday, December 02, 2009 by Paul

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