When you sell your house privately you can save a lot of money. Often, this can amount to tens of thousands of dollars. The main saving is based on real estate commissions which you won’t have to pay if selling yourself. Compared to other countries, real estate fees in Australia are very high.
In addition to real estate commissions, the fees you will be charged by the agent for the marketing of your house is also likely to be higher than if you were to do this using our services. (listing on major real estate portals, a ‘For Sale’ board etc.
When you decide to sell and are thinking about hiring an agent, consider just how much or little work the agent will be doing for their commission. In most cases, you would be able to achieve the same result, at a fraction of the cost.
Selling my property privatelyWhen selling privately, as many buyers as possible need to see your listing.
That means that your advertisement should appear on all the main real estate websites.
Our packages all include this.For Sale By Owner is able to list your property on realestate.com.au as we are a licenced real estate agency.
We have a subscription with them which allows us to list properties for sale and for rent.We are also able to offer the same upgrades that are available to agents advertising on any of these sites.
In many cases it’s not necessary to upgrade, but would you wish to, the option is there.
There is nothing available to an agent that is not available to you as a private seller.
Return on Investment (ROI) is a fairly simple tool which helps determine an investment's performance but is a valuable asset in the long run.
Factors Influencing ROI:ROI is influenced by some of the vital factors such as the initial investment, loans, overheads, mortgages, and taxes.
This is the reason ROI provides only a partial picture of the investment and might not be a perfect meter of its performance.For ROI calculation on your property, there are some of the main costs involved that you should know:Acquisition costsThese are the costs incurred when you acquired the property you now want to sell.Cost of the property – You paid this price to the seller for the property in question.Stamp Duty and Registration Charges –You paid this to the Registration and Stamp Department of the State at the time of purchase of the propertyBrokerage - This is also known as the commission, you have paid to broker for his facilities when at the time of first purchasing of the property.
Operational costsThese are the costs incurred during the time you possessed the property.Maintenance charges –if the property is a flat in a housing society, you have had paid maintenance charges to the respective housing society.Property taxes - As an owner of the property, you pay this tax to the particular municipal corporation for the maintenance of utilities and civic set-up, like water, electricity, roads, etc.
of your neighbourhood.Repair and renovation costs - These include any expenditures made towards maintenances and refurbishments, like changing the plumbing in the washroom, redesigning the kitchen, and repainting the house, etc.
Selling costsThese are the expenses you may have to incur while selling your property.Brokerage - The commission charges you have to pay to the broker for helping you sell the concerned property.Advertisement - Expenses for printing ads in newspapers, or contributing to the premium package of an online property listing portal.
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We all know this: ocean view property sell like hotcakes and is never a bad decision to make when looking for an investment option.
Nowadays it's harder and harder to find coastline worth owning for sale at prices worth paying.
Why being near water makes us happyExperiments - including those out of a UK-based research facility called Blue Gym—have discovered that individuals who live close to the coast are commonly more at peace and more joyful.
Different research finds that when compared to that of regular green spaces, individuals' feelings of anxiety drop, however more blue spaces in the photographs, the more individuals lean toward them.
The atmosphere it creates looking out over the ocean from a seaside house or apartment just rings right to whomever has the privilege to admire this dream.
Based on our research a 2 bedroom apartment a mere 500m away from the beach sells for $350 000 Australian Dollars.
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