How to Sell Your Home
in Victoria?When
it comes to selling your home for good, first remove any emotional attachment
that you might have developed in the recent past.
Consider
your home as an investment and a place to live in with your family and never attach
any emotional bond, as the same come in your way while disposing your home.
Most of the properties
in Victoria are sold only through real estate agents and there are lot of other
efforts that has to be taken care while selling your property. You
must exercise caution when you go for selection of your agent for assisting you
in your home selling exercise. Seek advice and select a proper agent who can competitively
deal things in your favour and who has integrity. Consider
the following points in your selling process through an agent: •
Know and understand all the related terms and conditions and get them explained
by the agent himself. Clarify all your doubts especially in the areas of obligations
enumerated in the agency agreement. •
Decide on the method of selling and get clarified all the points of the sole agency
selling, auction and a general authority to sell. Each way of selling is bound
to have variations and ensure that you get the maximum benefit. •
The next important thing that has to be sorted out threadbare is the commission
part of any agreement. Seek and know the method of calculating the commission
and the percentage. If possible try to negotiate the commission terms and get
them recorded in the agency agreement itself. •
Seek details about the additional expenditure that may arise out of advertisement
or any other unforeseen circumstances and get clarified as to who has to bear
the same. Understand other terms in relation to the limitation charges that you
may have to pay. You
are supposed to provide the prospective buyers with a “vendor statement”
that should contain all the details of the property.
Any vendor statement will contain information such as details of title and the
restriction if any, rates, orders, notices, zoning details, permitted approval
for building and any other relevant details concerning the property. A
general rule says that the first impression will last forever and hence it is
better for you to get the favourable valid first impression of the buyer by presenting
your home in a pleasant manner. There
is no need for you to give an expensive gift to the prospective buyer. Clean your
home and see that it depicts a neat appearance. Few
of the following factors are also to be considered when you go for any home selling: 1.
Any demand for the home is dependent on the number of persons seeking to buy property
in your area. In any real estate market, the market is wholly dependent on the
buyers, without whom there is no possibility of getting your home sold out.
2. Take
a stock of homes that are listed in the market for sale. From the list pick the
list of homes that may be similar to your home or resemble your home. This is
the area where you will get competition and hence try to assess where you are
positioned in the market of similar homes. Try to get an edge over others through
novel strategies. 3.
Assess the condition of your home in a realistic manner. As the competition is
high, make necessary repairs and project a better image of your home in the market.Of
course, there are factors over which you cannot have any control. For
example you just cannot create a demand for a specific type of home in the market,
but you can control the situation by making your home bright and present a pleasing
look to the eyes of the buyers. Do
the preparation as suggested and you are sure of selling your home for a decent
profit within a short period of time.
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