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11th March 2010
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"It is generally considered that selling the Family home can be a rather traumatic time, this was certainly the case for me when I placed my Keilor home on the market a couple of years ago..."

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"I first met David through a friend whom he helped secure a property in Balwyn North.  After 2 years my friend Harry made a $400,000 profit on one of the townhouses he built thanks to David & John"

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How to sell your home

As a property owner wanting to sell, the three biggest headaches you face are:

  1. How do you find out what your property is really worth?
  2. How do you find a real estate agent that works for you and not the buyer?
  3. What is the best strategy for selling your property: at auction, expression of interest or private sale?

1. How Do You Find Out What Your Property Is Really Worth?

There are a few ways you can find out:

  • You can ask a real estate agent and be presented with a doctored property report. Remember they are out to win your listing!
  • You can hire a property valuer and pay hundreds of dollars in fees just to get a valuation of your property. Then you’re left on your own - it’s up to you to argue with real estate agents and persuade them to sell your property for what it’s worth.
  • Or, you can use VIP Exclusive Vendor Advocates and get an accurate & comprehensive report of all the comparative sales in your area, current median price & growth of the area, and the intrinsic value! When you know the true value of your home, you won’t be swayed to sell it for less.

2. How Do You Find A Real Estate Agent That Works For You And Not The Buyer?

Most real estate agents work on a commission of approximately 2%-3% of the sale price.

Suppose a real estate agent sells your property for $500,000; the agent will make $10,000 in commission. But what if the real estate agent sells your property for $550,000? The agent will make $11,000 - that’s only an extra $1,000 in commission!

No wonder real estate agents sometimes under sell your property; the difference in commission isn’t worth the hassle of finding the right buyer!

What else can you do?

You can commission VIP Exclusive Vendor Advocates to help you beat real estate agents at their game so you never undersell your property.

3. What Is The Best Strategy For Selling Your Property: At Auction, Expression of Interest Or Private Sale?

You might be surprised to discover that there are many selling strategies & methods you can use to negotiate a better price for your property. If you’ve only ever sold property once or twice in your lifetime you can’t expect to know what they are and which one will work for you.

Then there are other hassles associated with selling your property. How do you know what the most cost effective way is to advertise your property? How long should you run your campaign for?  Is it better to include a price range for your property?

With so many decisions to be made, VIP Exclusive Vendor Advocates can help you implement a strategy that will work to get you the best result.

 
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