How to sell your
property
WHAT DO I NEED TO CONSIDER TO
MARKET MY PROPERTY EFFECTIVELY?
Frued said that a person's home is an integral part of him!
What we do know is that it is an emotional process to
price, market and then sign away your biggest asset. We
compiled this guide after marketing thousands of auctions and
exclusive packages over the last 30 years.
WHAT IS YOUR PROPERTY
WORTH?
Many factors reflect the value of your
property, however factors that do not reflect the value are:
1. What you paid for the property
2. The amount of
cash you need from the sale
3. What you want for your
property
4. What another Real Estate Agent tells you your
property is worth
The value of your property is determined by what the buyer
is willing to pay in today's market based on comparing your
property to others currently for sale on the market. It is now
Queensland law that agents substantiate their price
guide by providing at least three comparable recent sales
within the last six months within a 5km radius of your
property.
It is our recommendation that you do not necessarily list
with the Real Estate Agent who gives you the highest price.
List with the agents who can show you how they and their sales
team will maximise the sale price to you. Be aware that some
devious agent will at first suggest a very handsome price.
Then after they have the listing and the property hasn't sold,
they will come back to you and pitch for a lower price and a
price reduction. Discuss with your agent the methods of
marketing your property to achieve the highest possible price
in the shortest possible time.
ONE OF THE MOST IMPORTANT FACTORS THAT
AFFECT THE PRICE
Without doubt one of the most important factors ensuring
that you will receive the most amount of money for your
property (our common goal) is the amount of marketing or
exposure to the buying public your property receives. The more
people that are aware of your property and its availability
the more inspections you will have, consequently the more
offers and the higher price. If your property is left on the
shelf with one of the many hundreds of other properties for
sale, it will not stand out and obtain buyer interest. It is
our job to recommend to you a marketing strategy or put your
property on a pedestal and obtain for it the highest possible
price, once again our common goal.
No doubt you will be aware that all products are now
professionally marketed starting from the McDonald's Hamburger
through to the Holden Car, all people advertise and market
their property to attract buyers to it so they can sell at a
premium. How often do you go into McDonald's and discount the
price of a Hamburger? McDonald's generate a large amount of
buying public who come in and pay the price of their product.
It is our goal to also generate interest from a large amount
of the buying public.
Our labour content during the time that we sell your
property is a fixed fee prescribed by the Real Estate
Institute of Queensland (REIQ). The marketing component or
perhaps the parts if you liken it to repairing your Holden
Car, is your responsibility and investment.
As the largest Real Estate Agent in the area, we are
pleased to be able to pass on to you 100% of the discounts
that we receive from the newspaper, signage company's etc.
BEWARE, some agents who you interview may offer you one of two
things - firstly, they may offer to pay the advertising
themselves or secondly, they suggest a marketing program that
will not adequately cover all of the buyer's property. Dealing
with the second scenario we believe it is vitally important
that every potential purchaser is given the opportunity to
make an offer on your property to ensure you get the highest
possible price. We will not over suggest the marketing but we
will suggest a program that we believe is adequate for your
property.
The first point often seems a great deal for the seller,
the agent is paying the advertising, but beware if you employ
an agent who does this, often their motivation will be more in
line with getting the advertising money back in their pocket
than achieving you the highest possible price. Under no
circumstances will our office become a buyer's agent, in other
words encouraging low offers from buyers and then recommend
you accept it purely so we can reimburse any expenses that we
have personally incurred on your property.
Our goal as stated before is to get you the highest
possible price and we need to remain an impartial third party
in order to do so.
Service Commitment
Level of service commitment |
Open Listing |
Exclusive Listing |
Exclusive +
Advert |
Auction
Listing |
| Standard “For Sale” sign
erected |
Yes |
Yes |
No |
No |
| Exclusive 900mm x 1200m sign |
No |
No |
Yes |
Yes |
| Guaranteed salesperson &
agency performance |
No |
Yes |
Yes |
Yes |
| Controlled and coordinated
inspections |
No |
Yes |
Yes |
Yes |
| Controlled conjuncting
activity |
No |
Yes |
Yes |
Yes |
| Photo and description in office
window |
No |
Yes |
Yes |
Yes |
| Inspection/Family tour by all
PRDnationwidesales staff |
No |
Yes |
Yes |
Yes |
| Competitive Market Analysis |
No |
Yes |
Yes |
Yes |
| Advice to vendor on property
presentation |
No |
Yes |
Yes |
Yes |
| Open for inspections (minimum
of two) |
No |
No |
Yes |
Yes |
| Weekly activity reports
(written) to owner |
No |
Yes |
Yes |
Yes |
| Active marketing of property
through: |
|
|
|
|
|
- advertising in local papers |
No |
No |
Yes |
Yes |
|
- editorial content in local papers |
No |
No |
Yes |
Yes |
|
- distribution of brochures |
No |
No |
Yes |
Yes |
| Progress meeting between –
Sales Manager and Salesperson |
No |
No |
Yes |
Yes |
| Focus 25 marketing aids |
No |
No |
No |
Yes |
| Absolute agency &
salesperson commitment |
No |
Yes |
Yes |
Yes |
| Unconditional 30 day cash
contract |
? |
? |
? |
Yes
If sold at auction |
| Contract written to vendors
term |
? |
? |
? |
Yes
if sold at auction |
| Gathers buyers together |
No |
No |
No |
Yes |
| Competitive bidding possible,
higher price |
No |
No |
No |
Yes |
| FIXED TIME FRAME FOR SALE |
No |
No |
No |
Yes |
| What level of
service does your property deserve |
15% |
50% |
70& |
85% |
Conveyancing
Macrossan & Amiet
Incorporating Telford Lawyer can assist in all commercial
related matters including property development, conveyancing,
business aquisitions, leasing and partnerships. The firm
provides a comprehensive and efficient service to both the
tourist and rural sectors.
Macrossan &
Amiet Incorporating Telford Lawyer can provide you with legal
assistance from a simple will to a complex property
development issue. Contact details are below.
Macrossan & Amiet Incorporating Telford
Lawyer
SUITE 1 PAVILION ARCADE
287 SHUTE HARBOUR ROAD
AIRLIE
BEACH QLD. 4802
TEL.(07) 4948 0611
FAX.(07) 4948
O699
E-MAIL: whitsundays@macamiet.com.au
URL: http://www.macamiet.com.au/
How to Sell your
Home for More
DRESSED FOR
SALE
Thinking of selling and there is no time and not enough
money for renovations? Then you need a professional House
Dresser. One of Intrascape Designs specialties is staging
homes for sale.
A well dressed home usually sells faster and for a higher
price than the average house. Dressing up a house means
getting the most out of its curb appeal- the first impression
a potential buyer has of your home. You must do what it takes
to get would-be buyers to pause when they first see the
outside of you house - either driving by or surfing through
Internet photos
The following are just a few
tips:
THE EXTERIOR
The old saying of "First Impressions Count" has never rung
more true. Whether a potential buyer is aware of it or not, a
house, in a split second, leaves and impression be it
favorable or not. A pleasing exterior appearance is essential
for that critical first impression and will "Show Off" your
property to its best advantage. Your lawn immediately reflects
the condition of the interior of your property. Step back and
see your house through an individual observer's eye………….what
do you see? Is this impression is a positive one? In most
cases, to prepare a home for sale takes a keen eye and very
little time and effort.
THE INTERIOR
As a seller, you need to touch buyer's emotions. Music,
flowers and tasteful furniture do all that and more. Think of
prospective buyers as your guest and prepare your home
accordingly. A squeaky-clean house will sell faster and net
many more dollars. People can be turned off by the slightest
unpleasant odor. Pay special attention if you have a dog, cat
or a smoker in the house. You may not notice these smells; but
your buyers will.
The way you live in a home and the way to sell a home are
two entirely different propositions.
Reduce Clutter. Clutter distracts homebuyers from the
features you want them to see. Give "lookers" a chance to
picture their personal belongings in the space. If you are
moving, why not get rid of old junk now so that your house
will appear larger?? Even more spacious?? Remember…..less is
more.
READY TO SHOW
During the day plan to be away while your salesperson is
showing your house. Prospective buyers are usually more
comfortable probing into closets and storage spaces when the
owner is not present. Be sure that all doors are unlocked -
you have nothing to hide.
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