No Agent Sales.com.au Blog

No agents. No commission. No worries.

FOR SALE BY OWNER SERIES – Inspection day

Mar 21

Posted by NoAgentSales.com.au in For Sale By Owner Series | 3 Comments

Here are some questions you may wish to ask on inspection day.

  • How long has the property been on the market?
  • Why are you selling ?
  • How long have you lived here?
  • Have any renovations been completed?
  • What are the current issues with the property?
  • Do you have a rates notice?
  • Is the area serviced by public transport?
  • How do you find the surrounding region?
  • What infrastructure is in the suburb? This may include but is not limited to restaurants, shopping centres and recreational facilities.
  • What schools are in the area?
  • How does the sun affect the property?
  • What chattels/fixtures or fittings are include in the sale of the property?

Tags: , , , ,

FOR SALE BY OWNER SERIES – Property condition.

Feb 14

Posted by NoAgentSales.com.au in For Sale By Owner Series | No Comments

What should you be looking for when you inspect?

Firstly, walk around the property to see if you can see any physical defects. Look for any structural problems such as cracked or leaning walls, rotten or damaged timber, evidence of termites in both the structure and gardens.

Ensure you inspect the wiring and plumbing of the property. This particular applies to older properties where  traditional methods of construction have been used and repairs can be rather difficult.

If you are serious about a particular property, conducting a building inspection is highly recommended. This can be included in the contract of sale.

Lastly, use your common sense when inspecting the property and ask the owner any questions you may have.

What do you look for when you inspect?

Tags: , , , , ,

FOR SALE BY OWNER SERIES – How to negotiate successfully.

Jan 24

Posted by NoAgentSales.com.au in For Sale By Owner Series | 4 Comments

Negotiating – how to achieve the best price for you.

When we negotiate we want to achieve the best price for both parties. When a real estate agent is not involved you don’t have to worry about a middle person interrupting and you can deal directly with the owner.

Step 1:

Generally speaking, a potential buyer will sign a contract offering a price and the seller will either accept that figure or provide a counter offer. This process may continue for a short or long period until both parties can agree upon price and any conditions.

Step 2:

When both parties agree upon a price they will be willing to sign the contract. The vendor will then contact their legal representatives to prepare a formal contract of sale.

Step 3:

The buyer will be required to deposit the agreed amount into the solicitors trust account and will hold that amount until settlement occurs.

How did your negotiation go? What steps did you go through to ensure you had the best outcome?

Tags: , , ,

FOR SALE BY OWNER SERIES

Jan 3

Posted by NoAgentSales.com.au in Latest news | No Comments

Brand new content coming soon! Watch this space for further details.

Tags:

Purchasing property privately – 3 steps to help you.

Dec 6

Posted by NoAgentSales.com.au in Purchasing property privately | 6 Comments

So you have decided you want to a buy a property without the use of a real estate agent, then there are a few factors you should consider.

1. Before you decide to purchase.

Purchasing property can be a complex undertaking and you should consider including in your purchase conditions a qualified valuation. Furthermore, you may wish to include a building and pest inspections as well as a finance clause if finance is required.

2. Expenditure during the process.

You should be aware that the purchaser of any property in Australia pays stamp duty on the purchase. These rates vary depending upon your state so check out the link below to a comprehensive calculator.

www.13beat.com.au/StampDuty

3. Settlement

The date for settlement generally will be agreed by both parties. The settlement will take place when the balance of the stated contract price is paid to the vendor. The buyer then receives title documentation and then can collect the keys to the property.

When one or more mortgages are involved the situation can be slightly more complex because the financial institutions will also be involved in the settlement transactions.

Do you have any further suggestions?

Tags: , , , ,

Search for new King of Hedges

Nov 22

Posted by NoAgentSales.com.au in Latest news | 1 Comment

IT’S case of third time lucky for Hedges Avenue’s high-profile mega-mansion as receivers cast a net across international markets looking for another cashed-up buyer.

The unfinished beachfront home, owned by a company tied to fallen internet tycoon Daniel Tzvetkoff, is being promoted in a major advertising blitz across Asia, Europe, the Middle East and America.

The search for a new ‘king of Hedges’ will target glossy magazines and national newspapers.

Read more at the website:

http://www.goldcoast.com.au/article/2009/10/21/150101_gold-coast-news.html

Are you keen to save in November?

Nov 22

Posted by NoAgentSales.com.au in Real Estate Specials | No Comments

Are you wanting to sell or rent your property privately during November? Then look no further.

For the month of November, NoAgentSales.com.au are slashing their prices. Only 8 days remain to take advantage of great specials.

What is being offered?

Sign up today and a premium listing will ONLY cost you $50 (normally $95) for private SALE and $30 (normally $65) for private RENT.

What do these specials include?

Read more at our website:

http://www.noagentsales.com.au/?page=128

Tags: , , ,

Ever considered a house on the beach? Maybe the time has come to buy…

Nov 8

Posted by NoAgentSales.com.au in Coastal Real Estate | No Comments

Coastal regions are quickly becoming more popular than ever for buyers. People are seeking a change of scenery or that second home while investors are returning to the market in search of a bargain.

The current evidence suggests that the global financial crisis is passing and buyers are returning to the market with confidence. Real estate groups are suggesting buying conditions are optimal with low interest rates, growth in rents and housing shortages. Furthermore, the gap between rental income and repayments has decreased with the ideal situation being to invest.

All of these factors suggest that investing in real estate is the safe way ahead. There will be some great opportunities in the near  future with many taking advantage of this positive outlook.

What is happening in you area? Have you considered investing in real estate recently? Will the buyers market last?

Tags: , ,

What are the key considerations when buying a property? (Part 2)

Oct 25

Posted by NoAgentSales.com.au in Key considerations when buying a property? | No Comments

When buying a property it is important not to let your emotions interfere and to keep practicality in mind.

Here are a few more items you should consider since part one was published:

1.  One of the first factors to think about when buying a property is the location. Capital growth of the property can rely on a number of factors such as roads, bridges residential developments.

2. Furthermore, always think about the property’s location in relation to schools, eating hubs and public transport.

3. Familiarise yourself with the location/area and know how much you can afford to pay each week to ensure that, when interest rates rise, you’ll be able to keep up with the repayments.

4. Lastly, think about the direction of the property. Consider the sun aspect as well as prevailing wind patterns in the area.

Tags:

What are the key considerations when pricing your property (part 2)

Oct 25

Posted by NoAgentSales.com.au in Pricing My Property Privately | No Comments

When we decide to sell our homes we all have a dream figure we would like to achieve. However, there are several factors as a private seller you should consider before coming to that price.

Ensure you have reasonable knowledge of property activity in the area. What does this mean?
1.    Attend open homes in you area as well as auctions which will give you a greater understand of the type of market you face.
2.    Observe how long properties are on the market.
3.    What are the preferred methods of sale in you area?
4.    Consider how many properties are for sale in your area. Is demand high?
5.    What marketing options have be used to display real estate?
6.    Lastly, during the negotiation phase don’t be afraid to stand your ground but remember that being too stern could frighten away a potential buyer.

Do you have any further suggestions which helped you sell privately?

Tags: , , ,