The Best Way To Sell Your Property In Australia . March 13, 2010
Posted by janey in : general finance , trackbackNo doubt, the best way to sell your property or home in Australia, is by using a real estate agent. There’s numerous methods available, and it is important you choose the right method to sell your home quickly. Whether you opt for a open listing, sole agency or exclusive listing, make sure your choice is the correct one.
We explain to you below the numerous methods available to you.
With an ‘open listing’ you are able to list your home with as many real estate agents as you want,obtaining maximum exposure of your home. Most agencies have huge databases of both real estate for sale and buyers and if a match is found then a sale can follow. Unlike a ‘sole agency’ listing, you are’nt obligated to being with one agent for a set period of time.
To get more exposure, it is important to put your home with as many agents as you can to get more potential viewings. The only downfall, with an open listing is the lack of attention you will get from the agency as opposed to a exclusive listing.
It is important when advertising with a number of agents that you do not have more than two ‘for sale’ signs from different agents erected. Advertising more than two will result in people thinking you are desperate to sell or are having problems in selling due to a bad neighbourhood or being overpriced.
‘Open listings’ seem more suitable for mid range properties which are low to mid priced for that area. The more exclusive properties, at the higher end of the market are more suitable for ‘sole agency’ listings as they have a more targeted investors.
Whichever decision you make regarding marketing your home make sure it is the correct one. Making the wrong decision will cost you money and time.
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