When is the best time to sell my property?
Put simply the best time to sell is when it suits you. Naturally seasonal conditions, commodity prices can affect buyer’s confidence but an experienced property agent knows how to address any of these issues, in fact the best agents will perform strongly in all markets and seasons. It is worth remembering that when all conditions are perfect several other properties will come onto the market therefore creating plenty of choice for buyers. In summary if it suits you to sell now choose an experienced agent with a proven track record and a positive attitude and list it now.
What is the best method for me when I sell my property?
The circumstances around a property owner deciding to sell will often be different to other sellers therefore not one sale method will suit all owners, equally as properties are often different and markets change a method that worked for one property may not work for your property. Your agent should explain the different options available and recommend a method that suits you, not just a method that may suit them.
I see that some properties are listed with a price and others for auction, which is best?
There are three methods used: –
• Auction
• Listed with a price, offered referred to a Private Treaty Sale
• Tender or often referred to as Expressions of Interest
Each method is quite different and depending on the individual property; the market and the owner’s objectives, if used correctly each method will deliver the best result for the Seller. Your agent should be able to explain the benefits of each method and recommend the method that suits you best. Ask your prospective agent to give you actual properties they have sold by these methods, if they can’t I suggest you choose one who can.
Why do I need to advertise my property?
Every seller wishes to get the best price they can in the market, after all this is your major asset and you only have one opportunity to sell it. You need to create awareness with buyers who are currently in the market or considering entering the market that your property is for sale. The agent’s role is to create the maximum competition for their client’s property which will result in achieving the best possible price.
I have heard that advertising is expensive?
Advertising only becomes expensive if you miss buyers who may have paid you more. The introduction of digital marketing and social media platforms has dramatically reduced the cost of advertising. Your agent should give you a suite of options which include the latest digital advertising. You will be surprised how cost-effective marketing and advertising has become.
When choosing an agent to sell my property what should I consider?
If I was choosing an agent sell my major asset the top requirements would be: –
• Experience and a proven track record of success in all types of markets.
• Listens to what the seller wants to achieve. Explains all selling options and is flexible to use the option the owner is most comfortable with.
• Cost effective diversified marketing options that includes a digital, press and direct marketing campaign.
• The agent and their agency have market presence in major press publications, internet and digital sites, this will receive a lot more buyer traffic than smaller operators.