Frequently Asked Questions
What is a property appraisal?
A property appraisal is the process of creating an estimate of value for real estate. When selling a property, all your decisions will depend on the quality of your real estate appraisal and it is the foundation from which a great sales strategy is built.
So whats included in an appraisal?
1. An accurate,professional assessment of your property’s value.
2. A detailed sales strategy on how to maximise the sale price of your home.
3. A detailed marketing strategy on how to reach the market best suited to your property.
4. A clear outline of all direct costs involved when selling a property.
What is the cost of selling my home?
The cost of selling a home varies from property to property. To briefly summerise a property transaction will will generally incur the following costs
1. Legal Fees
2. Photography and marketing
3. Renovation and cosmetic repair cost
4. Property presentation cost
5. Agent fees and commission
6. Specialist reports and council information
7. Home loan exit fees, bank fees and tax
8. Moving costs
Please note most transactions will not incur all of the above costs - for more information please feel free to download my free e-book which goes into greater detail about these.
When is the right time to sell my property??
In short, the right time to sell is when you are ready! There are certain considerations that must be made for certain properties and some will present better at different times of the year. Please feel free to contact me at any stage for advice on the considerations around selling during different times of the year and what benefits or implications it can have.
How do I pick the best agent/agency to sell my property?
Picking the best agent to sell your property can be the single most important decision you make during the sales process. More detail can be found in my free e-book but in summary.
1. Are they a local expert?
2. Do they have strong market knowledge?
3. Have you seen how they perform at Open Homes?
4. Do you feel comfortable with them?
5. Are they strong communicators and do they listen?
6. Do they have strong negotiation skills?
What are the different methods of selling my house and which is the best?
The strategy you use in order to sell your property is incredibly important and can have a significant impact on the overall outcome of the sale price.
The predominant methods in Wellington include
1. Closed Tender
2. Tender (Vendor reserves the right to sell prior)
4. By negotiation
Each method has important pros and cons and it is crucial the Agent you choose is well versed in all aspects of these methods and advises the best method of sale your unique property.
This is my first time selling a property, where do I start?
Selling a property for the first time can be a daunting task. I have created a resource via a free e-book that aims to give you a no nonsense view of what to address and what to think about before selling your property. Please feel free to download the e-book here.
What should I do to get my property "Sale Ready"?
This is the most common question we get asked as Real Estate Agents and a very important consideration which can have significant impact on the eventual outcome of your sale price. I have created a free guide with some useful tips and suggestions you can make to your property prior to going to market. Please feel free to download here.
What is the market doing at the moment?
The property market is driven by many factors which impact how the market is performing. For an honest, obligation free, chat about how the market is doing please feel free to give me a call at any stage. l
Should I get a builders report, LIM report or any other types of reports?
This is property dependent and advice can be given at the property appraisal as to how to address this question, please ask the agent their view on this and how best to approach reports.
What are the Anti Money Laundering requirements?
At the beginning of 2019 Real Estate Agents were required to collect information on our Vendors and obtain verification of our clients for Anti Money Laundering purposes, generally nothing to worry about, just a bit more administration before embarking on the relationship, your Agent will take you through the process which can be completed in a matter of minutes.
Still can find the answer to your Questions? Contact Us.