Not sure where to start?
Here’s our brief guide to the selling process, but we’re also happy to help you through every step …
1. When to sell?
Properties in and around the Mansfield region sell throughout the year but there are certain times when we may recommend to you wait a few weeks before listing to ensure you get the maximum leverage from your advertising campaign.
2. Which agent?
The agent you ultimately choose to sell your home will not only be responsible for co-ordinating the advertising of your property but will also be showing the home to potential buyers and dealing with the legal requirements for the sale of your property.
3. What price?
Our promise to you is that we will provide an accurate appraisal based on all your property’s features, as well as current market conditions. We will not over-quote your home just to gain your business, nor will we under quote it to get a quick result, we offer you an appraisal of the current fair market value. Of course, if you wish to market your property at a price over and above our appraisal we will happily discuss that option with you as well.
4. The Sales Authority
Once you have decided on which real estate agent to work with, you will sign a legally binding contract that will itemise: commissions, the estimated sale price, duration of the agreement, advertising, marketing costs and other pertinent information.
5. Preparing a Vendor’s Statement
Also known as a Section 32, this document will be prepared by your solicitor or conveyancer. This will include the details for the property that prospective purchasers will require. We can provide you with a list of local and regional solicitors and conveyancers upon request.
Now the fun begins! We’ll arrange a professional photographer to take photos of your property, draw up floor plans and draft the copy for your brochures, online ads and social media. We can also offer presentation suggestions on how to best present your home.
7. We’re on the market!
With your property now being comprehensively marketed, potential buyers will begin contacting us to arrange private inspection times or to or attend your open homes.
8. Offers & negotiation
Once we have an interested buyer, we will encourage them to put forward an offer which you may choose to accept, or opt to enter into negotiations. Our professional sales team will mediate this process, working through all offers with the goal of achieving the best possible outcome for you, our vendor. Once an offer is accepted, contracts will be drawn up on the negotiated terms and conditions of the sale and deposit will need to be paid.
9. Under contract
Once the contracts have been signed by all parties, this means an exchange has taken place and would deem the property as ‘under contract’.
There may be special conditions within these documents that will need to be fulfilled such as building/pest inspections, finance approval or any other conditions agreed upon. A standard time period for this to occur would be 14 day, but will depend on individual circumstances.
In the 7 days leading up to settlement we will arrange a time for the purchaser to conduct a property inspection. It is recommended at this time the property is vacant, in good order and has been cleaned. We will also require that all and any keys for the property are provided to us prior to settlement. On the actual day of settlement, prior to all legal rights of the property being transferred to the new owner(s), the vendors and purchaser’s representatives will exchange documents such as transfer of land, title, balance of funds to complete the purchase and adjustments. Then it’s time to celebrate!
Now it’s time to crack the bubbly and relax.
Helpful info …