Steps to Selling a Home

Understanding tenancy agreement

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 interesting resources you might like...

Why Sell with LJ Hooker
Why Sell with LJ Hooker
We believe it’s important to choose an agency with a strong brand, a skilled team and a reputation for consistent, high-quality service.
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Different Ways to Sell Your Property
Different Ways to Sell Your Property
When selling your home, there are three main sales methods you can choose from. For you to achieve the highest sales price, it is important to talk to your LJ Hooker real estate agent about which method they believe is right for you and your property.
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Selling Real Estate FAQs
Selling Real Estate FAQs
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 we hope helps you too.
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