What makes a good real estate agent?
Did you know? 57 per cent of Australian homeowners believe finding the ‘right’ real estate agent is the most stressful…
Did you know? 57 per cent of Australian homeowners believe finding the ‘right’ real estate agent is the most stressful…
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If you’re looking to sell a property as soon as possible, you’ll need to get organised quickly. The most popular approaches are private sale or auction.
Before settling on your chosen real estate agent, it may be best to get your property independently valued. Some agents may try to attract business by making it seem as though your property is worth more than it really is - meaning it could to sit on the market for months.
Others may even undervalue it so that interest is strong and they can achieve a quick turnover.
You will have to pay agency fees but remember: you won’t need to pay those fees up front, and you should always be ready to negotiate. Nothing is set in stone.
One of the main benefits of private sale is that you will have a little more time to consider all offers. It also means that you’ll often need to pay less in advertising fees, and you won’t need to pay anything for auctioneering whatsoever. If you choose private sale, it’s up to your agent to drum up interest and arrange viewings.
If you choose to sell via auction, on the other hand, all activity will be focussed on a single date. While private sale bidding is “blind”, potential buyers at an auction can see the offers that are being put in, which may drive up your property’s price! The process will be over much more quickly that in a private sale. However, if your property does not sell on the day - for example, if the reserve price is not reached - you may be able to follow up with those who expressed interest.
Many prospective sellers ask “can I sell a property myself to save on commission fees?”. It is absolutely possible to sell your own property online if you have the time to manage the process properly. However, using a real estate agent to sell your property comes with many advantages such as market knowledge and negotiation skills to get you the best result possible.
LocalAgentFinder runs a database of highly accomplished real estate agents that can be directly compared in a matter of minutes. The service is free to property owners!
We have the most comprehensive comparison of real estate agents in Australia with real estate agents in Beenleigh, Queensland through to real estate agents in Balwyn, Victoria.
The best advice we can give on how to sell your property is to find the best agent for the job and to be organised and flexible. Having everything ready to go, answering all questions and listening to the advice of your agent should result in a smooth, quick and easy sale.