Are You Really Equipped to Get the Best Price Selling Your Property?
Are You Really Equipped to Get the Best Price Selling Your Property?
Selling
a property is a big deal and getting this right or wrong can have significant
financial ramifications.
The
answer to the question whether to seek independent professional advice selling
your property is to ask yourself a simple question "How much experience
have you had dealing with Real Estate Agents.? What success have you achieved
getting the best price for your property sale.?”
If
you have only sold a couple of properties, or you are too busy to manage the
process your answer is simple, engage an independent property professional to
work for you.
Today
is the day of the specialist, whilst you may have had success buying a property
at the low point in the circle, don't think this success empowers you or
provides the best tools to maximise your sales result.
In
the current market condition’s you need to be on top of your game, you need to
ensure you have everything right, the right Agent, the right sales method, the
right presentation for your property and the right marketing campaign, at the
right time.
Do
you know the right amount to invest into your marketing budget.? Do you know
the right marketing vehicle to allocate your budget to.? Do you know how much
commission to pay the Agent.? Do you know the best method of selling your
property.? Do you know the target market and the specific price or price range.?
There
are many potential options for selling a property including an open Agency, a
sole Agency, an Exclusive Agency. What is the best sales approach, should it be
via an auction or would an expression of interest campaign be better suited, or
is a private sale going to achieve the best result for your property?
Possibly
the most important considerations to maximise a good return for a property is
to know: what, where and how many dollars you need to spend on improving the
property ready for sale. Some property is best left alone while others benefit
significantly with appropriate improvement. Some commercial property is better
with long term lease arrangements while others may benefit from being presented
as vacant possession.
Have
you completed a genuine market comparative analysis so you know what a
realistic price for your property is?
Many
new vendors make the dreadful mistake of listing their property at a
ridiculously inflated price. The bottom line is that buyers are savvy, they are
about to spend a significant amount of their personal dollars or take on a
considerable mortgage, therefore if anyone knows the market value of a
property, it is the buyer themselves.
Vendors
fall into this trap due to numerous reasons, from being seduced by an eager
young or desperate Real Estate Agent trying to secure the business, telling you
exactly what you want to hear, or you simply have an out dated market
perception or a false reality as to the value of your very special property.
This
is so important as the last thing you want is for a listed property to go
stale. Not only do the buyers switch off but also the Agent will start to put your
property in the back drawer as they have not got time to waste with unrealistic
vendors.
Over
pricing your property is a no-win position for all.
As
you can see there are several important considerations you need to be clear on.
Therefore, it makes good sense to appoint an independent advisor as they could
significantly improve both your sales price and the time it takes to obtain a
sale.
This
service we have identified as a necessary and important service for clients, we
have found even experienced property investors can benefit tremendously, in the
case where there is a lack of knowledge in the marketing and sales process or a
lack of time to fully explore the options.
Having
an independent advisor negotiating with a Real Estate Agent on your behalf, who
fully understands the sales process and provides quality advice on the best
steps you could take to fully maximise a property value and presentation takes
all the guess work out of it.
Why
risk possibly your largest asset return.
If
property is an area you would like to explore, we invite you to spend a little
time looking through our informative website http://www.mollard.com.au
If
you would like to learn how to get started in developing your own property
investment portfolio or how to maximise your property investment return, then we
will look forward to getting to know you.
Best Regards
Phillip Mollard
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