Its All About the Little Details

Assigning an Agent

Before we can show potential purchasers your property, an Agency Agreement must be signed to authorise us to work on your behalf. This is a legally binding contract and it is important that you read and understand it completely.

 

Contract of Sale

A residential property cannot be advertised for sale in NSW unless a Contract of Sale has been prepared. This is typically prepared by your chosen solicitor or conveyancer and must include title documents, drainage diagram, a section 149 zoning certificate and all essential terms and conditions. It is advised to allow 1 week for the contract to be compiled.

 

Presentation

Buying a property is an emotional experience, therefore presenting your home in the best possible way can make a big difference. We have one chance at making a first impression and if a buyers initial reaction is positive, they are far more likely to have a higher opinion of value.

 

We will help guide you on how to achieve the best possible impact and we have also compiled our home style guide for your reference.

 

Building Compliance

If you have recently undertaken building works, a Certificate of Compliance should be obtained from the local council to ensure there are no problems during the sales process.

 

Building and Pest Report

Obtaining a building and pest report prior to marketing the property can be very helpful for two reasons. Firstly, if a problem is identified it can be rectified prior to sale. Secondly, if no problems are identified the report can be used as a selling feature for any potential buyers.

 

Public Auction or Private Treaty

Before putting your home on the market we will need to consider which method of sale is most appropriate for your property and which is likely to achieve the best results.

Auction

Sale by public auction makes use of competitive forces to deliver a price above what might otherwise be achieved. When preceded by a well planned marketing campaign, auctions can create a sense of urgency amongst buyers, build competition and ultimately raise the price.

Advantages of an auction are that you’re in control of the sales terms, you have the security of your confidential reserve price and the sale is legally binding once the hammer falls. You also have the option of selling your property prior to auction should an appropriate offer be received.

 

Private Treaty

Private Treaty sales can be highly effective when used in the right situation and handled correctly. This method involves quoting a price or price guide at the commencement of marketing your property. Establishing the correct price is critical as a price set too high will lead to a lack of interest and a protracted sale, while a price set too low will not maximise your return.

Unlike an auction, a cooling off period applies to Private Treaty sales. Private Treaty sales are often used in situations where it is easy to ascertain the market value of the property and there is limited opportunity to achieve a greater price at auction.