In the process of learning how to how to sell your house without an agent in Australia, you’ll find that there’s a right and wrong way to do it. Saying goodbye can be painful. Just listen to popular love songs. And a home can be more difficult to say goodbye to than some people!
It’s easy for us, the homeowners, to build relationships with our houses. These homes provided the venue for many a treasured memory. It’s no surprise selling a home can be such an emotional experience. You don’t want to be one of those people who forgo logic when emotions are high. Avoid seller’s remorse—and, yes, there is such a thing.
We listed the most common mistakes to avoid when selling your house privately. Steer clear of these blunders and you’ll have a much more pleasant, and lucrative, experience in selling your Australian real estate property.
Mistake #1: A House for Sale in Awful Condition
There’s more to prepping your house for sale than sweeping the floors and picking up after your children’s toys. Home buyers will have to be won over with a great first impression, even more so than a first romantic date.
Maybe your house requires basic updates like fresh paint and some quick fixes like repairing broken windows and changing light bulbs. By working on repairs, you tremendously increase the chances your real estate property will be purchased.
Remember: In the eyes of buyers, a simple broken portion of the house could signify bigger problems. They’ll be looking at the property with more suspicion.
Keep in mind that, in the long run, bypassing repairs for the sake of money can be more costly because you won’t be able to easily find a buyer who’ll cough up the amount you want–if you find a buyer at all, that is.
Stage your home with care. If you’re on a budget, you might want to read our blog post called How to Prep Your Home for Sale on a Budget.
Mistake #2: Real Estate Property Price is Too High
This is the most common selling mistake we’ve seen in the real estate industry. When the price is too steep, buyers won’t even give the home a single chance. Not one. In the best case scenario, if a buyer does give it attention, you’ll find an offer that is a lowball one. In the end, nobody wins.
When it comes to pricing your property, think of it as an art form. Do your research. The Internet is a treasure-trove for comparative research in house sales.
Factor in conditions like the demand in your area, your house’s location and the current condition of your property. Don’t “test the market” with a high price. Gauge your property’s value intelligently since being greedy will turn off serious buyers.
Mistake #3: Wrong Marketing
Your home’s chances of being sold will depend a lot on the photographs you take. Beautiful photos spell the difference between great marketing and success in the real estate industry and failure. Yes, that’s how crucial the photos are. Buyers are typically busy people who have plenty of options to look at. Grab their attention right away or you’ll lose their attention forever.
The good news is you don’t have to be a professional photographer or own a fancy camera to take attractive pictures of your house. Check out our article called How to Take Great Real Estate Photos with Your iPhone.
Other marketing mistakes involve being lazy in promoting your house. Print flyers, put together an open house event and work with an online agent like us. By working with online agents, you can market the sale of your property without having to pay any agent a commission.
In selling a house by owner deals, Zero Commission saves our customers on average $14,000. We will market your house for sale on the top two real estate sites in Australia for a fixed fee of $399, no hidden fees whatsoever.
If you want to learn more, visit our website and take one huge leap closer to closing the deal.