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TIMING
Although
spring and summer are our peak selling periods, buyers
for good quality property can be found all year round.
With the marketing process having become more sophisticated
than in previous years the peaks and throughs are less noticeable
making the issue of timing is less critical than in
the past.
The time
required to sell a property that is competitively priced will
typically vary between 2-8 weeks.
Prior to placing your property on the market, allow an
additional week or two to prepare both the property and the marketing
material.
PRESENTATION
Appealing
property presentation is a critical factor in achieving the highest
possible price. It is
similar to detailing your car before you sell it.
The emotional appeal required to stir the spirit of buyers is
unlikely to be generated by a poorly presented property – a
neglected building sends out “warning signals” to prospective
buyers.
SO…..it is
VITAL to have your property looking its very best on inspection day!
Some major “turnoffs” for buyers include:
- Animal odours in the house
- Evidence of damp or
moisture in the walls
- Cigarette or strong food
odours
- Doors, windows and gates
that stick
- Too much “clutter” –
furniture or possession that dominate a room
- Stained carpets
- Leaking taps, plumbing and
gutters
Street appeal – is critical to
creating a great first impression for potential buyers visiting the
home. Lawns should be
neatly mowed and edges, trees and bushes trimmed.
Garden should be weeded and a trailer-load of rich, dark
mulch can add immeasurably to the lush appearance of gardens.
(Hint – Whangamata Transfer Station provides mulch by the
trailer load at no cost to residents at certain times of the year…)
METHODS
OF SALE
When
it comes to selling your property, our most popular methods of sale
are:
- Sale
by Private Treaty (“For Sale”)
- Buyer
Enquiry Range Selling
- “Set
Sale”
Each has
it’s own advantages and it is advisable to speak with your Agent
about the benefits of each method.
Our company
has successfully utilized all these methods, with Sale by Private
Treaty and Buyer Enquiry Range selling proving to be the most effective
forms for selling most types of properties in our core business
area.
We utilize
‘Set Sale’ more specifically for unique properties and homes for
which there is likely to be a higher than usual level of competition
between prospective purchasers.
Each has its
own advantages and, again, it is advisable to speak with your agent
about the benefits of each method.
CHOOSING
YOUR REAL ESTATE AGENT
The most
important element in achieving the highest possible sale price for
your property , will often be the choice of Agent that you select to
represent you.
An
experienced and skilled negotiator can make the difference of many
thousands of dollars in the eventual sale of your home.
When
selecting your agent, take the following points into consideration to
ensure that you are getting the best value for your money:
- Profile
of the company in the local area
- Experience
and skill of sales team
- Length
of operation of the company
- Reputation
of the company
- Effectiveness
of property advertising
- Knowledge
of local real estate market
- Location
and profile of company
- Membership
of Real estate Institute of NZ
- Database
of potential purchasers
- Punctuality
and presentation
- Reliability,
honesty and integrity
- Access
to accurate information and sales data
- Recent
sales in your local area
- How
do you get along with them?
- Empathy
and a caring attitude to your needs
- Skilled
support staff to back up the sales team
- Willingness
to provide frank, honest and regular feedback.
SALE
PREPARATION CHECK LIST
- Get
the property detailed thoroughly
- A
small investment in sprucing up the property will increase the
saleability and more than likely increase the eventual sale price
- Seek
independent advice to improve the appeal of your property – a
third party opinion will often provide beneficial input.
- Remove
and store personal items and clutter and consider holding a
“Garage Sale” before marketing begins.
This way, the proceeds of the sale can offset the cost of
pre-sale improvements
- Ask
your agent for a copy of a “Sale and Purchase Agreement” so
that you can familiarize yourself with the contract that will be
used in the sale of your property
- If
the property is currently tenanted, check the expiry date and
termination requirements of the lease and provide a copy of the
lease to your agent
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Make
a note of all the inclusions – that is, everything that will be
included in the purchase price and remaining at the property after
settlement. Standard
items include – light fittings; floor coverings; curtains and
blinds; TV aerial. If
there is a dishwasher, ensure that your agent is advised as to whether
or not it is included in the sale.
- Items
such as “family heirloom” light fittings should be removed and
replaced with another suitable fitting prior to marketing.
- Ensure
pet food and water bowls are put away prior to inspection.
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