When selling your property, there are a few factors you should be aware of for your personal time-frame schedule.
If you are wondering how long it takes to list your house and come on the market, this video will outline the reality of preparing to list your home for sale in today’s real estate market.
If you’re ready to discover the secrets to being ready to sell your home, download our free insider secrets to being ready to sell checklist.
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Agency Agreement
Selling your property with a real estate agent requires you to sign a legally binding contract. This is known as an Agency Agreement. The agency agreement will set out terms such as the services being provide, fees and commission, the extent of the agent’s authority to act on your behalf, and estimated selling price.
Contract
Before a property can be marketed for sale, a Contract of Sale must be prepared and held. A Contract of Sale is a written agreement that sets out the terms and conditions of the property sale. Preparation of the contract usually only takes a few of days depending on who you’re using but if you’re using your local conveyancer or solicitor it should be provided to the agent within 24 to 48 hours.
Once the agent has both a signed agency agreement and a contract for sale, legally the property can be advertised for sale.
Photography
Professional photos and videos need to be taken of the property to allow it to be marketed to in a detailed way to prospective buyers. Gone are the days when the agent will go round happy snapping everything. We do use professional photographers so it’s a normal two day turnaround for those photos to come back. At the same time, we can also arrange for a floor plan to be prepared, providing extra marketing material for your property.
Timeframe
Essentially, once your agency agreement has been signed, the contract would be requested along with a time for the photos booked. Usually there is a wait of a couple of days for an appointment with the photographer and then another couple of days for those photos to be sent to us.
All in all you your property could be on the market as quickly as five business days. It doesn’t need to be that quick. You can delay the process if you are not quite ready. If you are downsizing, you may want to declutter, or take the time to prepare and style your property for sale before you have your photos taken. Once you push the button the above are the minimum elements and legislative requirements, to allow you to put your property on the market in a very short period of time.
If you’re ready to discover the secrets to being ready to sell your home download our free checklist – Insider Secrets To Being Ready To Sell.
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I hope that has helped you today. If you have any questions whatsoever I’d love to talk to you. My number is 0426 264 771. I look forward to talking to you soon.
If you have any family or friends that might benefit from real estate guidance, please feel free to pass on my details or share this link. I’d love to be able to help.
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Review their marketing strategies and resources to ensure they have the capabilities to effectively promote your property to potential buyers Seek Recommendations and Reviews Ask for recommendations from fellow landlords or trusted professionals in the real estate industry. Personal referrals can provide valuable insights into the performance and reputation of different agencies. Additionally, research online reviews and testimonials from past clients to gauge the satisfaction level and experiences of others who have worked with the agency. Schedule Consultations Take the time to meet with representatives from potential real estate agencies for consultations. Use these meetings to discuss your goals, ask questions, and assess the agency's approach to selling properties. Pay attention to how responsive and attentive they are during the consultation process. Choose an agency that demonstrates a genuine interest in understanding your needs and objectives. Evaluate Communication and Transparency Clear and transparent communication is vital throughout the selling process. Evaluate how effectively the agency communicates with you and their willingness to keep you informed every step of the way. Ask about their communication channels, frequency of updates, and how they handle feedback and inquiries from potential buyers. If you choose to sell the investment property whilst still tenanted, it is important to remember there are strict rules that must be adhered to. It is important to be aware of the legislative requirements when selling a tenanted property. In our experience, it works best when - The renter is provided with plenty of notice, it helps them to get organized. The process is clearly explained to the renter right from the start and it is adhered to throughout the campaign The property manager has a good relationship with the renter and is the one who initially gives them the confirmation that the property is going to be sold. 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We hope that has helped you today. If you have any questions, or you know of anyone who may benefit from our real estate services, we’d love to chat. Our number is 0426 264 771. We look forward to talking to you soon.