Australia’s real estate market is changing rapidly. These days, more and more people are opting to privately sell their homes instead of going through a real estate agent or place their property up for auction. So, what’s changed?
Firstly, if you’re a private seller, For Sale By Owner allows you to access a number of tools that once upon a time, were only available to real estate agents. We’re talking about services such as obtaining property sales reports, arranging For Sale boards to be made up, having access to professional print-ready brochures and so on. Most importantly, we can provide listings on main marketing portals such as realestate.com.au and domain.com.au. And all of this at a fraction of the cost of you selling your property through a real estate agent.
Hang on a second: what’s the catch? The answer is simple – there is none. By selling your house using For Sale By Owner, you’re going to be saving the majority of your money on the commission which could cost you over thousands of dollars. Instead, you’re being given the ability to put your house on the market for just a few hundred dollars.
Choosing to privately sell your house isn’t hard once you’ve got all the tools handy. Remember, you’re going to benefit from more than just saving on the large commission cost. By overseeing the sales process yourself, the power is completely in your hands. More than likely, you’ll invest more time into negotiating and really selling your property’s assets (for example, you know your house’s ins and outs and this will come in handy if you take potential buyers on a guided tour). The growth of this sector in the real estate market isn’t for nothing: more and more people are realising that selling their property doesn’t have to be as black and white as it has been in the past.
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