Archive for the ‘Property Preparation & Pricing’ Category

Listing price for a no agent private real estate sale (FSBO)

Private real estate sale with no agent and no commission through Privatepoint, the real estate by owner, FSBO, free private real estate sale website.

Many for sale by owners (FSBO) who conduct a private real estate sale with no agent always struggle to set the listing price of their property. Setting the listing price of a property if you are conducting a private real estate sale with no agent can be hard but if the for sale by owner does the following then it will be easy.

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Real Estate For Sale by Owner Bargaining Chip

Privatepoint is the real estate for sale by owner private real estate sale website where you can sell privately with no agent or commission.

As a property owner you have decided to sell your property privately without using a real estate agent in an effort to save on sales commissions which real estate agents charge. This is the perfect bargaining chip for the property owner for when they are dealing with property buyers, especially those who submit offers which are well below the price the owner is asking for the property.

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Spring Private Real Estate Sale

Private house sales and for sale by owner ( FSBO) real estate property sale can be performed with no agent or no commission through the private real estate sale website Privatepoint.

Private real estate sale through for sale by owner should get a lot easier during spring. Real estate buyers are usually out in force during spring so as a for sale by owner seller sprucing up your property ahead of a Spring sale can do your real estate marketing campaign wonders.

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Private House Sales Hurt by Real Estate Property Prices

Sell your property privately through Privatepoint the private real estate sale, for sale by owner ( FSBO ), DIY sales private property website.

Bad news for private real estate for sale by owner sellers as the prices of real estate in Australia won’t be increasing in the near future, even if the RBA reduce interest rates over the coming months. Rather, residential property prices of real estate are set to fall in the coming 12 months as the real estate and property market embraces itself for a turbulent period. Below are some reasons why….

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Property Pricing for Real Estate Private Sales

Sell your property privately with no agent and no commission through the private selling real estate website Privatepoint.

Real estate private sellers often set a selling a price which is well above the market value of their property. It appears that some real estate private sellers think because they are not using a real estate agent they can demand a higher price for their property. More often than not, this is the reason they receive minimal enquiries for the property and evidently why their property does not sell.

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Property Face-lift for Private Sellers

Your property is marketed and advertised across a broad range of real estate advertising websites and although you are getting enquiries they are not converting into offers. What can you do? A property face-lift! This could be the difference between your property and a competing property located down the road and if you are prepared to do a small amount of work then it can be done reasonably cheaply.

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Why Auctions are Recommended?

Most real estate agents prefer a property auction as a method of sale when recommending options to their vendors. Auctions are great in a rising market but in a subdued or cold market auctions can be quite disastrous. This article is going to look at reasons and motivations why real estate agents prefer auctions over private treaty and the consequences for property owners.
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How does your property compare?

During a period when there is an oversupply of properties on the market those properties which sell for the price owners are requesting are those properties which are unique and presented well. It is important to make sure your property is positioned so it stands out and is more attractive than other properties available for sale around you.

You should attend open home inspections in your neighbourhood investigating competing properties which are on the market around you. This will give you insight into two important things, the first is how your property is priced compared to similar properties and the second is how your property is presented in comparison to similar priced property.

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Why are you selling your property?

You should be able to provide an answer to this question within 15 seconds of reading it, if not then you should not be selling your property.

On too many occasions I have seen property owners who have not had a specific reason to sell their property resulting in the sales process being a complete disaster. This is increasing apparent during times when property prices are on the rise and property owners decide to “test the waters” by placing their property on the market and setting an unrealistic listing price.
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Performing Open Inspections

Open inspection times
When selecting open inspection times for your property you need to choose times which are convenient to potential buyers. Inspections should be held outside business hours or on weekends for a maximum turn out rate. Saturdays from 9:00am to 1:00pm are a popular time for open inspections. Many properties also have open inspections after work during the week. Anytime after 7.00pm is generally helpful to potential buyers as it provides them with the opportunity to view your property after work.

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