Sales & Rentals Property Report

Would you like to know the current sale and rental value of your property? Provide some info for a free report.

 

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Report Includes

Suburb Profile
Statistics
Housing
Demographics
Suburb Map(s)
Comparable Properties
School Catchment Areas
Sold Properties (Price Range)
Sold Properties (Sale Date)
Properties For Sale
Suburb Statistics for suburb
Sales Growth Chart (15 years) 
Price Segmentation & Peak Selling
Rental Growth Chart (12 months)

Enquiries please call 1300 606 909

Key selling steps

Selling a home isn’t quite as simple as sticking up a ‘for sale’ sign and waiting for the buyers to come to you. Here is a quick overview of the various steps involved in selling a property.

DECIDING TO SELL

Consider what is happening in the broader market and what is best for your particular situation. Also decide if you are better off buying a new home before or after you sell your current home.

CHOOSING AN AGENT

Your agent will be in charge of advertising, showing and completing the legal requirements of selling your property, so choose carefully.

NEXT YOU'LL DECIDE HOW YOU WANT TO SELL

You and your agent will work out a plan for listing, showing and selling your property.

DETERMINING YOUR SELLING PRICE AND INCLUSIONS COMES NEXT

Your property’s location, size, age and features will be assessed, as will the current market and area trends. 

AGENT AGREEMENT

This legally binding contract will detail any commissions, the estimated sale price, duration of the agreement, advertising costs, process and much much more.

VENDOR'S STATEMENT

Now you must prepare the Vendor’s Statement (or Section 32) for your property and the Contract of Sale through your solicitor or conveyancer. These will include all of the details prospective purchasers will need.

ADVERTISING

This generally involves photographing your property, drawing up floor plans and writing your online ads.

ON THE MARKET

Prospective buyers will contact your agent and arrange times to view your property, or attend your open homes.

SALE AND NEGOTIATION

Your agent will auction your property or mediate between you and buyers to reach a mutually acceptable price. The buyer will then pay a deposit.

UNDER CONTRACT

Both seller and buyer’s lawyers and banks will work out the details of the sale to ensure both parties meet all legal and financial requirements.

SETTLEMENT DAY

All going to plan, you’ll relinquish the keys and legal rights to your property in exchange for the balance of payment from the buyer or their bank. Congratulations, you have sold your home!

Presentation

Here are our top tips for presenting your property:

STREET APPEAL

Make sure the front of your property looks appealing and inviting with a weed-free garden and some attractive pot plants.

CLEAN AND BRIGHT

Before every viewing give your property a once-over, ensuring that windows are clean inside and out – it’s surprising how much difference it makes to the light.

CUT THE CLUTTER

You want the prospective buyer to be able to imagine their own belongings in the property, so de-clutter to keep things tidy. Less clutter will also help make rooms appear larger.

SET THE SCENE

You may want to hire furniture to create the look you desire. This is a great way to transform your home and give it extra appeal.

FIX IT

From leaking taps to a broken bulb, make sure the minor repairs are taken care of. A lick of paint will freshen scuffs and scrapes in the woodwork. Basic maintenance work will help to ensure buyers don’t find any faults.

FRESHEN UP

Get rid of smoke or pet odours. Open the windows, brew some fresh coffee and brighten the place up with fresh flowers.

LIGHTEN UP

Increase the sense of space with mirrors and lights and leave all internal doors open.

PETS

Always clean and tidy up after your pets and take them out of the property during open times.

WARMTH

Create warmth by preparing your home to suit the temperature of the day. If it’s cold, light fires, turn on patio heaters and heating. If it’s hot, turn on fans and cooling systems.

Rental Preparation

Tips for preparing your property for renting:

If it's broke, fix it

From the letterbox to the back fence, and everything in between, carry out any repairs to make sure your home is in tip top condition. This also applies to anything small that you’ve just grown used to living with, like mouldy bathroom grout, leaking washers, dripping taps, broken tiles or chipped paint. A small repair or some maintenance now could save you a bigger problem in the future.

INCLUSIONS

Think about what you will be leaving behind or letting the tenants use and make sure it’s in good working condition. For instance, if your kitchen has space for a dishwasher, it’s usually best to leave it as it can add value. Or if your laundry has a particular shaped space for a built in washing machine you might be better to leave it rather than expect a tenant to buy their own.

CLEAN

You want your property handed back to you in good condition, so set the initial benchmark high. Just as you would if you were going sell, before you rent out your property give it a good spring clean and make sure it’s sparkling. Don’t just do the basics – we’re talking a proper spring clean including:

  • Carpets
  • Curtains and blinds
  • Flyscreens
  • Windows
  • Garbage bins
  • Garage and more

Presentation

Prospective tenants are the same as prospective buyers – they’ll be more attracted to a well-presented property So while you might not want to go so far as to get the property stylists in, make sure you do your best to have it looking great for the photos and that it is tidy for any viewings.

Don't forget the outside

Is the letterbox in need of repair? Are the gutters clean? Is the fence in good condition? Are there any pests or insects you need to deal with? And make sure you mow, sweep, rake, prune and have the garden looking tip top.

 

If you would like further information please call 1300 606 909 or email us info@inspireagents.com.au

Melbourne - G/1 Queens Road Melbourne VIC 3004

Frankston - Suite 2, G/435 Nepean Hwy Frankston VIC 3199