Selling A Home Privately

Selling a home privately is catching up with Australian home owners thanks to the wealth of information on the internet and the support and tools available online.  It is true that you can save a ton of money avoiding a real estate agent in selling a home privately. But it requires a good amount of research, planning and preparation. You have to know the various procedures, the laws and develop some negotiation skills.

To sell a home privately, you can use three ways of marketing it:

  • Listing on a private sale website: There are sites who offer listing free of charge and other may charge a fee.  Select a reputed real estate companies with easy to navigate websites. They should allow photographs and virtual tours of your home that attract genuine buyers.
  • Advertise in newspapers: You can use advertise the sale of your house on the classified section of the local newspapers. You should advertise repeatedly on weekends.
  • Use word of mouth: Word of mouth is found to be the most powerful form of advertisement. Let your neighbours, friends and associates know that you have put your house on sale. Even if they are not interested, they would spread the word among their folks. So give them as much information about the home as possible to get them interested.

 

Here are some tips from experts on how to prepare your home for sale when selling a home privately:

  • Fix cracks in the walls and floor tiles and re-paint if needed.
  • Repair leaking taps and faucets
  • Fix creaky doors and windows and clean them
  • Steam clean all rugs and carpets
  • Remove clutter from kitchen cabinets and wardrobes
  • Store away extra furniture to make ht home look spacious
  • Dust and vacuum the entire home before showing to others
  • Remove odour
  • Maximize natural lighting by cleaning opening curtains or blinds.
  • Add visual appeal with fresh flowers and clean towels
  • Brighten up the exterior of the house to give the home a good curb appeal which makes the first impression on the buyer’s minds that leads to the buying decision. Power wash side walks, trim shrubs, mow the lawn and add any plants or pots at the entrance and a new front door mat.

With these efforts, your house will stand out from the rest of the houses in the market and sell fast for a better price.

The most important aspect of selling a home privately is presenting the home to the potential buyers.  Presenting the home highlighting all its finer aspects is the key to make an impact in the buyer’s mind.

Hire a Conveyancer or solicitor

When you get a good offer for your house when you are selling a home privately, it is better to leave the task of doing the paperwork and finalizing the deal to a trained professional.  It is very important to make sure that everything is in order and have peace of mind that all the legalities are taken care of in selling a home privately.

Posted on Thursday, September 24, 2009 by Paul

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