So you have chosen us to list your property, what happens next?
Here is a step-by-step guide of the property sales process....
- Agent selection – selection of an agent that will provide a profitable and stress-free real estate partnership. Formal authority to Act as Managing Agent contract is signed by the seller and their agent.
- Method of sale – agree on method of sale. Private Treaty, Auction, Expressions of Interest or Tender.
- Statutory searches – we are required by legislation to undertake statutory searches relating to any property that is being sold. This is a standard procedure and a title search will be done as soon as possible.
- Maintenance – seller to attend to any maintenance
- Property presentation – seller to prepare property for professional photography.
- Photos – an appointment will be made with the Professional Photographer (what day and time does your property look its best?)
- Websites – advertising prepared and inputted on relevant websites.
- For Sale signboard – signboard to be erected at the front of the property.
- Colour brochure – brochures are prepared and printed ready for inspections.
- Press advertising – advertising prepared and placed in preferred newspaper.
- Editorial request – requests made to relevant papers requesting editorial coverage.
- Open for inspections – arrange time with seller for any inspections, attend inspections with prospective buyers.
- Visitor’s book – a visitor’s register is kept from all home opens. Names and phone numbers are asked prior to buyers inspecting the home.
- Follow up – with contact numbers obtained from visitors register, follow up can be made with buyers.
- Interest levels – appointments give opportunity to assess interest. Example questions asked to buyers: what they thought of property, price and is it suitable to their requirements.
- Seller feedback – provide feedback from follow up to seller with weekly reports.
- Offers – write any offers on the property.
- Negotiation – our negotiation skills assist in achieving a premium price for your home.
- Choice – once best possible price is negotiated, seller chooses whether to accept or decline.
- Contracts – are finalised and signed by all parties.
- Under offer – the property is now under offer.
- Conditions to be met – agent to follow any conditions needing to be met on the contract such as building inspection, termite inspection and/or finance
- Sold – all conditions have been met and the property is now sold.
- Final inspection – is undertaken by the buyers, sellers and agent to check everything is in working order.
- Settlement – once final inspection is completed, keys are handed over and money transferred.
