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Step by step guide to selling your property

Step by step guide to selling your property

Property Appraisal

The first step to selling residential real estate is to get a Jimmick Homes real estate agent to appraise your property.
Your local Jimmick Homes real estate agent specializes in answering the ‘how much is my home worth’ question and they do it by running a comparative market analysis which involves finding similar properties that sold within the last few months.  The closer they are able to match your property to others sold in the area, the more accurate the appraisal will be.  Agents also consider current competition, wider market trends, the properties structure and condition.  Property appraisals are an excellent way of understanding your properties potential market value at that point in time.

Choose your method of sale & set a selling price

There are 4 main ways to sell your property and your agent will be able to help guide you as to which is the best for you and your property.  The options to choose from include Auction, Private Treaty, Tender and Expression of Interest.  It is also time to determine a selling price.  This should be based on your property appraisal and in-depth discussion with your agent.

Review and sign the agency agreement

As a homeowner looking to sell, you’ll need to sign an agency agreement.  A normal agreement between a vendor and a real estate agent is 90 days.

You will also need to provide your real estate agent with keys and access details and lock in weekly the open for inspection times.  Normally there are 2 open homes, one during the mid-week and the other on Saturday mornings. Typically, homeowners won’t stick around during open homes.

Marketing Your Property

Now comes the time to promote your property to as many willing buyers as possible.

In order to first attract their attention, professional photos will need to be taken of the property. Your real estate agent will organize this and will ensure a floor plans and professional copy writing is completed.

Your Jimmick Homes agent will run an extensive marketing campaign to reach as broad a range of potential buyers as possible.  The marketing campaign will be discussed and agreed with you, but for best results you should look at promotion via the Jimmick Homes Boost program, on the real estate portals such as realestate.com.au and domain.com.au, house signboard, printed material including print advertisements in newspapers and letter box drops, plus agent database marketing.

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