The buyer must be provided with a vendor’s statement (Form 1) which gives important information such as mortgages on the property, zoning, rates and charges and anything that will limit how the buyer can use or renovate the property. (These may be called easements, caveats, covenants or encumbrances). If...
Advertising will advise prospective buyers of the times your property is open for inspection. This will generally be for 30 to 45 minutes once or twice a week. Buyers may wish to arrange an alternative inspection appointment, through your agent, if you have one. You may be asked by...
There are two ways you can sell your home: Private Treaty or Auction Selling by private treaty This is the most common method of sale in Australia. In essence, your home is advertised at a price or in a price range and buyers are invited to submit offers. This method generally takes...
If you decide to engage an agent, there must be a signed written agreement (a sales agency agreement) between you and the agent. The agent must give you a guide explaining your rights and obligations under the agreement (Form R1). The sales agency agreement must specify: How the property...
Choosing the right real estate agent to negotiate on your behalf is essential. You should obtain advice from at least three agents. Don’t be seduced by a high price estimate. The agent must provide you with recent sales statistics for comparable properties in your area to show how they...
When you engage or list with an agent you are employing them to help you to sell your property. The agent should always act in your best interests and engage in good business practices. You can generally expect the agent to: Give an estimated selling price for your property...
Thinking of selling your house? We help a lot of Adelaide home owners sell their houses. Read on to find out our best advice and what’s involved in selling your house for top dollar. STEP #1 – DECIDE WHEN TO SELL YOUR HOUSE If only there was an easy answer to...
11 steps to buying a home Taking the leap into the property market can be a confusing process so here are 11 steps to buying a home. 1. Use a Buyer Agent Buyer Agents are licenced, independent agents who understand the complexities and processes of buying property and can make...