When you have decided to sell your real estate, you can use online FSBO websites such as www.sellhousenow.com.au to list it free of charge. A free basic listing offers your property exposure to the local and national buyers on the FSBO site and provides tips and tricks to help you through the process to sell your real estate. You can even have a personal web page with your property details and photos and access to community forums and more. You can also list with the largest nationwide flat fee broker network such a www.domain.com.au as 80 per cent of buyers use agents.
When is the best time to sell your real estate?
People like to house hunt during moderate seasons. Late spring and early autumn see maximum listings as the houses tend to look better in these seasons than in hot summer or in cold winter. There are more houses in the prime seasons and more competition so you can choose a right time to sell your real estate according to your situation.
Pricing to sell your real estate
You should be realistic and price your real estate sensibly when you decide to sell your real estate. The fair market value of a property is the highest price that an informed buyer will pay with no undue pressure to make the purchase. You can get an estimate for the fair market value of your real estate by asking for a Comparative Market Analysis (CMA). This CMA contains the realistic price based on local market conditions. It also provides information on the properties sold in the locality recently including the price it was sold for and time duration it took for the sale. Usually the owners’ asking price is determined in consideration of the market variables and is set at a slightly higher rate than the fair market value. It is advisable to use a certain degree of flexibility if you want to sell your real estate quickly.
Curb Appeal
The prospective buyers usually see the property from the street and decide if they want to take a look inside. What the prospective buyers see form outside is known as ‘curb appeal’. If you want to sell your real estate fast, it is better to improve the curb appeal. It can be achieved by maintaining the property neat. Repainting, mowing the lawns, de-cluttering, pressure washing, depersonalising, clean driveway with potted plants near the front door etcetera, will make the visitor want to see the entire house.
Choosing the prospective real estate broker
When you decide to engage a broker to sell your real estate, asking the following questions will be helpful:
- How long have you been in this business?
- How many houses have you sold during the past year?
- How much is your commission?
- Will you co-ordinate with the potential buyers and arrange meetings with them personally?
- How would you market my property?
- Can you give me the names and telephone numbers of those who have used your services?
These are some suggestions to help you if you are trying to sell your real estate for a good price within a reasonable time.