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Steps To Selling A Home

Steps To Selling A Home

The Selling Process

1. Market Update

Real Estate Agent inspects the property
Real Estate Agent talks you though the process
Formal property market appraisal completed
Method of sale and marketing/advertising strategy discussed

2. Selling

Presentation advice provided
Marketing/advertising strategy agreed on
Agency agreement signed
Property listing details completed
Keys and access details collected
Open Home scheduled
Contract for Sale prepared (in some states)

3. Promotion

Photos taken
Property signage done
Agent's database advised
Local marketing
Internet/window/newspaper and any other marketing/advertising commences

4. Inspections

Notice for inspection provided where possible
Details of all attendees recorded
All comments and feedback provided

5. Negotiating the sale

Best price and conditions are negotiated
Signing between parties is formalised
Real estate agent's check and assist with purchaser's finance, sale of property, building inspections and other conditions where necessary

6. Contract of Sale

Once terms are agreed a security deposit is taken from the buyer
Copies of the contract are given to both parties' solicitors/conveyancers
All parties are kept informed

7. SOLD!

Sold sticker placed on sign board
All parties confirm the sale is finalised
Transfer of keys and settlement day is arranged
New owners move in

More on Selling Real Estate eBooks, Checklists & FAQ's

Choosing a Real Estate Agent

Choosing a Real Estate Agent

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Understanding Real Estate Contract For Sale

Understanding Real Estate Contract For Sale

The real estate contract is a critically important document in the real estate business. Whether ...
Selling Real Estate FAQ's
Selling Real Estate FAQ's
Having helped people sell their homes for generations we have been asked many questions, here is a look at the most frequently asked questions that...