03
January

Sell My House

Written by admin. Comments Off Posted in:

Until recent times, the question “What is the best way to sell my house?” essentially had two possible answers; either by vendors submitting offers, or by taking the property to auction. Now there is a viable and ever-increasingly popular alternative; the selling of your house using For Sale By Owner.

The main drawcard of selling a house without the use of a real estate agent is primarily the huge difference in cost. Instead of paying thousands of dollars in commission to estate agents, sellers can now sell their houses for a few hundred dollars. This savings does not represent only more money for the seller once the property has been sold; it also allows the vendor to price their property at a more competitive price than those using estate agents, which can often result in a faster Sale.

For Sale By Owner websites in Australia now offer a wide range of marketing avenues, from listing on all the main portals such as realestate.com.au and domain.com.au, to professional print-ready brochures, For Sale boards, and property Sales reports. Many of these options were, until recently, only accessible to real estate agents.

As a percentage market share, For Sale By Owner Sales in Australia still lag behind other countries such as USA, Canada, Britain and other countries in Europe. However, the growth of this sector of the market is growing at a fast rate. More and more vendors are realising that great savings on commission costs can be realised through taking charge of the Sales process themselves. In most cases, vendors are not only able, but more than willing to invest a little more of their own time into the Sales process, by fielding enquiries themselves, showing potential buyers through their property themselves, and entering into negotiations with the buyer themselves.

Looking to sell you property? Why not investigate the possibilities which are now available to you.