What is the process for selling a property?
• Step 1:Choose a real estate agent (if you’ve decided not to put your house for private sale ) • Step 2:Decide on a method of sale, i.e. private treaty (agent or property for sale by owner) or auction • Step 3:Agree on an appropriate marketing/advertising program • Step 4:Decide on your asking price (and the rock bottom price you’ll accept) • Step 5:Sign an agency agreement with your real estate agent • Step 6: Prepare your property for sale • Step 7:Arrange for buyers to inspect property • Step 8: Receive offers and negotiate a price or nominate the reserve price if you are selling via auction.
