How to sell a property through an agent on the gold coast?
If you have decided to sell your property on the gold coast through an agent, there are a few things you should know and prepare. The basic one is an agreement with the agent. In addition, you should understand the marketing method and know how to prepare your property for sale.
This article will walk you through all the requirements to sell a property through an agent on the gold coast.
Agreement
When you decide to sell the property through real estate hope island or real estate gold coast, you must enter into an agreement with the agent. This gives them the authority to market and sell your property. It is like you are signing them in writing, saying, Sell my property.
This document specifies the appointed period, for which the maximum is mostly 90 days, the marketing method, the property price, the type of agency, the commission, the marketing budget, and much more.
Type of Agency
An agreement specifies the type of agency you would like to choose. There are three types of agency agreements – open listing, sole agency, and exclusive agency.
Open listing – When it comes to open listing, you appoint one agent to sell your property, but you have the right to appoint many other agents simultaneously. If the agent makes the sale, the agent is entitled to the agreed commission.
Sole agency – You can appoint an agent to sell the property, but you also have the right to sell the property privately. If you make the sale privately, the agent is not entitled to the agreed commission.
Exclusive agency – You appoint a single agent to sell your property, and only that agent is paid the commission, even if the sale happens through anyone else during the agreement period.
Getting your property ready for sale
Whether you decide to sell your property privately or through an agent, it is necessary to prepare your property for sale. It is vital to understand that the first impression is the best, and the presentation will go a long way in closing the sale at a higher price. So, prepare your property, check the basic necessities, and work on the presentation. The better you prepare, the higher the price could be and the faster the sale could happen.
Advertisement and inspections
You can advertise your property based on the private treaty method. First, you can either market it with a fixed price, say $700,000, or a price range between so and so – $7000,000 – $850,000.
You can also sell it at offers over price, for instance, $700,000 or $700,000 +. If not, you can also choose to market without a price and negotiate the sale accordingly.
When it comes to buyer inspections, two methods are commonly followed. While one is an open home inspection, the other is a private inspection. An open home inspection allows any viewer to join the group inspecting the house, mainly like a one-hour window, and the owners note the parties’ names for future communication. Private inspection is where each buyer gets to inspect the property separately, and the owners have the chance to communicate better with the buyers.
Once everything is sorted, prices are discussed, and the sale is closed, the agent will collect keys from the owner and hand them to the buyers after the settlement and necessary measures are taken.
