Various Selling Techniques

When it comes to selling your home, there are many ways to go about it. Some options are not for everyone, but it’s good to explore the different ways of getting your house on the market.

Various selling methods include:

• Auction

Auctioning can seem scary and make it seem as if you won’t get your home’s worth. Auctioning can be fast, efficient and effective for whatever you may be selling. Once someone has made the final bid on your home, the buyer is legally obliged to that price and going through with the purchase. This takes the fear of a buyer pulling out of a sale in a traditional selling method. Once the hammer falls, that house is now theirs.

• Tender

Selling your house by tender means selling your home via private auction. The seller accepts tenders from prospective buyers and considers all offers on a specific date. Each buyer does not know how much the other buyers are bidding at, giving you a much better chance at a high offer.

Advantages to selling via tender:

• Since there is no listed price, buyers can’t compare your home to others on the market.
• Buyers cannot see what others are bidding, and tenders could significantly range in amount.
• The amount of the tenders may far exceed the sellers expectations.

• For sale

Listing your house “For sale” is the most common to selling a home today. This can be done in a number of ways. You can list your home with an agent, online, or by owner. When listing your home “for sale”, anyone searching can find your home and your asking price. Buyers will come to you in this situation and it’s up to you on who to sell to!

• By negotiation

Selling your home via negotiation can be tricky, but worth it in the end.

First, you need to price your house right then consider the counter offer if there is one. Pay attention to this offer, because it could be the best one. Think like a salesperson, and know the worth of your home and don’t let the emotions of selling your home take over.

Selling your home can have its ups and downs, but here are some tips on how to get through it:

1. Do your homework
2. Ask the right questions to the agent
3. Look at comparable properties in the area
4. Beware of the method of sale – don’t get caught up in it. It’s all about doing your homework to understand where the value lies
5. Engage professionals to help

To ensure you buy the right property at the right price give our team a call now on 1300 117 561