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Selling property? Preparation is key

Every seller wants to get the best price possible for their property. If you are serious about selling your home and generating buyer interest there are two key areas you need to research, understand and act on to ensure your home becomes somebody else’s home as soon as possible:

1. Pricing the property

Many sellers start with the wrong listing price. Do your research from the outset and take your agent’s advice. The biggest problem with overpricing a property is that you will eventually have to drop the price. To buyers, this can look like desperation and may slow down the selling process while people wait for the price to drop further.

2. Appointing a real estate agent

It’s important to focus on the quality of your agent, rather than the initial cost. You should weigh up whether a cheap agent will cost you more in the long run. Look at agent contracts and understand what you are getting for your money – advertising costs, contract length, and commission to be paid on sale are all areas you need to understand before signing up.

If you’re thinking about selling your home, you need to be able to look at your property from the eyes of a buyer. We’ve put together this handy checklist to help you prepare to put your property on the market.

Download the checklist now.

For more information about buying and selling property check out our Open House Heroes page where you'll find lots of handy tips and hints.

Got any questions for our Home Lending Specialists? Or ready to have a chat about a home loan? Call our Contact Centre on 13 14 22 or visit your nearest branch today! Our lending specialists are ready and waiting to help you buy your dream property.

* Based on a $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

The information provided is intended as general information only. Blogs have been prepared without taking into account your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness having regard to your objectives, financial situation or needs. You should consider obtaining personal investment, taxation and/or legal advice before making any decision.  Please consider the Guide to Heritage Deposit Products (available in-branch, or at www.heritage.com.au) before you decide whether a product is right for you. Conditions, Criteria and Fees apply.