No Agent Sales.com.au Blog

No agents. No commission. No worries.

Posts Tagged Pricing My Property

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: , , ,

Selling for the best price – What are the key factors to ensure we price our property correctly?

Sep 27

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

One of the first questions we ask ourselves is what price should we put on our property?

Here are a few key factors to aid that process:
1. Consider both traditional advertising avenues as well as looking at other options such as the internet to advertise.

2. The more buyers you have competing for your property the better. When you are in negotiations with a potential buyer, let them know you have other interested parties.
3. The method of sale: The majority of For Sale By Owner real estate is conducted under a private treaty. Would your property be more suited to an auction or another method? These can be easily organised even though you are selling privately.
4. The current market: Buyers do their research when buying a property and it is important when selling to conduct your own research. Consider what phase the market is currently in and what properties are selling for. By attending some open homes and auctions you will gain a true understand of what is happening in your area.

What experience have you had in obtaining the best price?

Tags: , ,