Hi there, I am looking to sell an apartment next year. I have never done this before. I have been searching for books online but did not find anything.
I am looking for a book that outlines all the aspects of selling a property. These days, the cost of houses are so high, I want to do this carefully.
Any help would be much appreciated.
Former agent - Sell for More - Gil Davis.
Jenman & related books will promote no auction approach.
Be careful of getting hooked into Neil Jenman's "recommend an agent you can trust" - they have to pay him say $5k and so can't discount their commission.
What if there's lots of little things you aren't aware of that will cost you more money than an agent would charge with their fee? Not to mention time saved. Doing it yourself could cost you more time and leave you with less money. Unless you happen to know someone willing to pay above market value for your house.
I am not selling it myself. I want to know how to do it properly rather than getting a real estate agent sales person who would do it very dodgy. I wouldn't trust any type of sales person with selling a property.
That's like saying you want to fix your house's wiring yourself or fix a broken pipe yourself because you don't trust electricians or plumbers. Real estate agents are professionals in the same vein. I hope you're planning to at least get a conveyencer - missing something in the contract could cause you to lose a lot of money.
What do you mean you aren't selling it yourself - if you sell it without a real estate agent that's exactly what you're doing. Or are you saying that you're asking for "a friend"?
you want to fix your house's wiring yourself or fix a broken pipe yourself
You don't fix your own wiring or pipes?
Dodgy how? Sell it to his mate for cash? Lol. You make the final call on the sale, not the agent.
Well, the agent you are hiring is working for you and not the buyer, the better price he gets for your property the more moolah he gets in his pockets so not really sure where he can be dodgy. Sure, there may be lies here and there but he is on your side. If you have a price in mind, stick to that, don't accept anything lower than that and any offers your agent gets above that price will be a bonus. Also, the agent or the buyer cannot do anything if you do not accept the offer so really, your fate will be in your hands end of the day.
Get a real estate agent and a conveyencer and between them they will tell you what you need to do and help you. You don't need a book.
This.
And why wouldn't you trust an agent to sell your property? YOU are the one who accepts or rejects the final deal and the agent will try to maximise your sale prices as they will get a greater commission. Just ask around your area who is a trustworthy agent. Then call around the local solicitors for a conveyancing person to handle the paperwork side of things.
Also get online and look at the unit prices in your area to give you an idea of what price to expect.
Just blindly going to sell your property is hopeless.
If you are selling an appartment, why would you want to read a book on selling a house?
Something may have been lost in the translation.
It is the same process.
I have seen This guy promoting his free booklet but I haven't either used their service or read the free booklet myself so not sure how useful ot informative it would be. Worth downloading regardless but beware this could be the carrot they offer in order to collect your personnel information and perhaps few nagging phone calls afterwards.
I just had another look at their web form and it is pretty easy to enter a fake number and an email to have the booklet emailed.
Interview a few agents. They’ll give you their thoughts on how to go about it if you ask the right questions. Just make sure it’s no obligation first visit.
That's a great first step, as agents have valuable local knowledge and have it in their best interests to keep their finger on the pulse of what buyers are after.
I'm not sure all the negativity towards Op is warranted as doing some background reading should be encouraged as part of 'doing your homework'. Op may not know what questions to ask in the first place. In my experience, real estate agents have skimmed across vital details that they assume to be common knowledge to the vendor. And they can't cover every single detail as something that matters more to one vendor may matter less to the other.
Op should definitely educate themselves through means other than just speaking to an agent as the real estate agent isn't a one stop shop for getting clued up about how best to sell your property.
Weird thread. Review the local market to get a rough idea on price. Contact a real estate agent and they'll walk you through what's required in terms of paperwork, fees etc. That's it. You make the final call on the sale, not the agent.
In Australia, we pay agents to sell it for us. You’re paying for all the things you might find in a book, but more importantly local knowledge and the carrot of a commission to get you a better price overall. Ring a few local agents and speak to them.