How To Sell A Home: The Ultimate Guide

Selling a home can be an exciting, albeit daunting, process. But don’t worry, with a bit of preparation and the right team by your side, it can also be a rewarding journey. Let’s dive into the essential steps you need to take and how to ensure you get the most value when selling your home.

Steps to Take Before Selling Your House

1. Get a Property Valuation: Understand the market value of your home. This can be done by a professional valuer or a real estate agent.

2. Prepare Your Home: Make necessary repairs, declutter, clean, and stage your home to make it as appealing as possible to potential buyers.

3. Decide on a Selling Strategy: Will you sell privately, at auction, or through a real estate agent? Each option has its pros and cons.

How Much Does It Cost To Sell A Home?

The cost of selling a home can vary, but here are some common expenses:

– Real estate agent’s commission: Typically, 1-3% of the sale price.
– Marketing costs: These can include professional photography, online listings, and signage.
– Conveyancing fees: For handling legal paperwork, usually ranging from $500 to $1,200.
– Moving costs: Hiring professional movers can cost several hundred to a few thousand dollars, depending on the size of your move.

How To Get The Most Value When Selling Your House

1. Price It Right: A property priced too high can deter buyers, while a price too low might mean leaving money on the table.
2. Home Staging: A well-presented home can attract more buyers and higher offers.
3. Effective Marketing: A good marketing strategy can reach more potential buyers, leading to a faster sale and a higher price.

What Documents Do I Need To Sell My House in Australia?

You will need a Contract of Sale and a Vendor’s Statement (or Section 32) that provides essential information about the property to the buyer.

Do You Have To Tell The Bank When You Sell Your House?

Yes, you should notify your bank when you decide to sell your house, especially if you have a mortgage on the property. They can provide a payout figure and facilitate the mortgage discharge process.

While this guide gives you a starting point, it’s essential to remember that every seller’s circumstances are unique. A strategy that works for one person may not work for another. That’s why sitting down with a professional like the team at Create Real Estate can be incredibly beneficial.

We understand that selling a home isn’t a one-size-fits-all process. Our team takes the time to understand your individual needs and circumstances, providing a tailor-made strategy to ensure you get the best possible outcome.

Ready to embark on your home selling journey? Reach out to us at Create Real Estate, and let’s work together to create a successful sale!