Sell Your Property

Sell Your Property

This page provides helpful information to assist you with the safe and successful sale of your property.

property budget and forecast

Before you sell

Appoint a Solicitor or Conveyancer:

Before you advertise your property for sale on IranEstate.com you will need to consider appointing a Solicitor or Conveyancer to handle the legal documentation, deposits and the settlement of your property.

Methods of Sale

Methods of Sale

Choose from a number of different options to assist you in selling your property.

One of the many benefits of using IranEstate.com to sell your property is that you are not restricted to just one method of sale – we offer a number of selling options.

Sell your property on IranEstate.com – Private Sale

Sell your property with IranEstate.com and reap the benefits of a selling property yourself.

  • Save thousands on Agent Commissions and Advertising Fees.
  • Create your own Property Listing.
  • Take control of your Property Sale.
  • Feel empowered.
  • Get your desired result.
  • Display your property Nationally and Internationally on our site. The Carsales Network currently attracts over 2.8million* visitors each month to its sites giving you potential reach across the network.
  • Make informed decisions – a detailed property report which we supply you to help you decide on your sale price.

At IranEstate.com we offer fantastic advertising options to showcase your property including:

  • A network with exposure to over 2.8million* visitors
  • A detailed valuation and price of your property
  • A professionally manufactured and installed Photo Signboard
  • A professional photography service
  • An Interactive Floor Plan
  • Property Brochures and
  • Much more!

Sell your property with IranEstate.com – Real Estate Agent Assisted

If you are not 100 per cent confident to manage the sale process yourself, why not appoint a Real Estate Agent to help?

You can still create your listing on IranEstate.com and save thousands of dollars on advertising fees, whilst also exposing your property to the Carsales Network of over 2.8million* visitors each month.

How a Real Estate Agent could assist you:

  • They could run your Property Inspections
  • Assist in the negotiations of your sale

You can still save on commission!

As you will be providing the Agent with buyer leads generated from IranEstate.com and creating your own advertising tools, there is the opportunity to negotiate a lower commission rate with your agent.

Sell your property with IranEstate.com and a Sellers Advocate

List your property for sale on IranEstate.com and appoint a Sellers Advocate or Property Negotiator to manage the sale.

You can still create your listing on IranEstate.com and save thousands of dollars on advertising fees, whilst also exposing your property to the Carsales Network of over 2.8million* visitors each month.

How a Sellers Advocate/ Property Negotiator can assist:

  • Pass on buyer enquiries from IranEstate.com to your advocate/negotiator.
  • The advocate can then negotiate the sale for you.

It is entirely your decision as to how you manage your property sale.

By listing your property with IranEstate.com you can save thousands of dollars in advertising fees and Agent Commissions whilst increasing control of your sale.

Tips:

If you are selling your property within12 months of purchasing it, or if you are selling an Investment Property, talk to your accountant for any tax implications.

Ensure that your property has working fire alarms and if any work needs to be carried out on your property ensure that you have the correct permits in place.

Save thousands on Agent Commissions and  Advertising Fees

Private Sale

Save thousands on Agent Commissions and Advertising Fees.
List your property:
Selling property yourself is simple and cost effective with IranEstate.com.

  • Save thousands on Agent Commissions and Advertising Fees.
  • Create your own Property Listing.
  • Take control of your Property Sale.
  • Feel empowered.
  • Get your desired result.
  • Increase the success of your property listing by displaying your property Nationally and Internationally on our site. The Carsales Network currently attracts over 2.8million* visitors each month to its sites giving you potential reach across the network.
  • Make informed decisions – a detailed property report will help you decide on your sale price.

At IranEstate.com we offer fantastic advertising options to showcase your property including:

  • A network with exposure to over 2.8million* visitors
  • A detailed valuation and price of your property
  • A professionally manufactured and installed Photo Signboard
  • A professional photography service
  • An Interactive Floor Plan
  • Property Brochures, and
  • Much more!

You can save thousands of dollars in advertising fees and Agent Commissions by listing your property today!

Legal:

Meet with a legal adviser to discuss selling your property privately.

Your legal adviser will prepare all of the required legal documentation and generally handle all aspects of the sale to ensure your property sale is handled in a prompt and professional manner.

When you sell your property, your legal advisor will also handle the deposit and will work with the buyer’s legal adviser to ensure all legal aspects of your property sale are covered.

Tip:

Speak to your legal representative about the ‘cooling off’ period in your state.

Preparing your property for sale

Preparing your property for sale

Useful tips on how to get your property ready for sale.

Purchasing property is one of the biggest financial investments some people will ever make. So when preparing your home for sale, keep in mind that first impressions count.

Street Appeal:

The outside of your property is the first thing a prospective buyer will see, so you need to ensure it is looking its best.

Some simple, affordable steps to improve the street appeal of your property include:

  • Mowing the lawn,
  • Weeding the garden,
  • Planting some colourful, attractive plants ,
  • Removing any leaves or dirt on your driveway and pathways, and
  • If required, applying a coat of paint to freshen up the property.

Make sure the property is clean:

When preparing your home for sale, try to put yourself in the potential buyers’ shoes. What would you want the property to look like?

Making sure everything is clean and presentable can really make a difference to buyers.

  • Ensure that the windows are clean and free of cob webs,
  • Have the carpets steam cleaned to remove any stains,
  • Remove any build-up in the kitchen and bathrooms, and
  • Make sure the property is free of any odours.
  • Not everyone loves animals, so make sure you put away the toys and food bowls and remove any pet odour.

Repairs:

Don’t let something as small as a loose hinge on a door lose you a sale!

Be sure to make any small repairs prior to the property inspection. Keep in mind; if you noticed it then a prospective buyer will definitely notice it.

Get rid of the clutter:

Make your property look spacious and show off its best features. Keep in mind, a prospective buyer needs to imagine their belongings in your property.

Selling your property is a great excuse to hold a Garage Sale to get rid of those items you no longer need. If you can’t part with the items put them in storage or at a friend’s place.

Put away smaller items like clothes, shoes and any other items that will make your property look cluttered

Room Configuration

If you are advertising your property as having two bedrooms and a study, for example, ensure that this is how your property appears.

You don’t want to come across as deceptive and disappoint your potential buyers.

Preparing your home for photographers

Preparing your home for photographers

Pictures can say a thousand words.

Pictures can say a thousand words. What do you want yours to say about your property?

When preparing your home to be photographed, it is important to keep in mind how you want your property to be perceived, for example – an upmarket property or a warm, inviting family home etc. This will help our Professional Photographer decide on a creative direction.

For more helpful tips on ensuring your property is in top condition ready for the Photographer, please see the Preparing your Home for Sale section.

Play it safe

Play it safe!

Find out who you are dealing with.

When holding a property inspection ensure that you:

  • Find out who you are dealing with: ask for a name and contact phone number prior to the inspection time.
  • Ring the number to check if it is legitimate and to confirm the appointment.
  • Before you hold an inspection:
  • Ensure you have a friend or family member with you at the property.
  • If you are unable to have someone attend with you let a friend or family member know you are holding a property inspection and that you will call them once the inspection has concluded.
  • Give friends or family the name, contact number and any personal details you have received from the buyer.
  • If in doubt about a buyer, don’t rush into an inspection or a sale.
Open for Inspections

Open for Inspections

Prepare property brochures using the IranEstate.com brochure building tool

Holding an Open for Inspection is a great way to showcase your property in one session to a number of potential buyers. To ensure your property stands out from the rest, print property brochures from your IranEstate.com account and hand them around to potential buyers.

When your prospective buyers arrive, record their contact details and ask to see a copy of their drivers’ license.

Remember to highlight all of the best features of your property. No-one knows your property better than you so who better to showcase it than you!

property budget and forecast

Negotiating

Take contol of your property sale.

At IranEstate.com we give sellers the ability to negotiate the sale price and take control of the property sale.  When negotiating with buyers be prepared to answer any questions they may have about the property sale.

Why are you selling?

Most buyers will ask why you are selling your property. It is your decision whether or not you answer this question, however, generally a buyer will be asking so that they can have peace of mind as to why you are selling.

What is your asking price?

Buyers who are viewing your property will more than likely have researched other property sale prices in your area. If your property is priced a little higher than others in your area, be prepared to justify this decision.

Remember you will have a detailed property report supplied to you from IranEstate.com and Residex.

Dropping your price

Negotiation is a key element of property trading. Buyers will, on most occasions, ask you whether you are willing to drop your price.

If you are willing to, make sure you pre-determine your absolute lowest price.

Level of interest surrounding your property

A potential buyer may ask you what level of interest, and the number of offers you have received on your property. This is normally to determine the level of urgency and competitiveness surrounding your property.

What is the Settlement period?

A common question during the selling process is what will the settlement period be? This period generally ranges from 30 to 90 days and is at your discretion to determine.

Accepting an offer

When accepting an offer verbally, you will need to ascertain the name of the buyer’s legal adviser. Your legal adviser will liaise regularly with the buyer’s legal adviser to arrange execution and exchange of the Contract of Sale.

Don’t rush in

If a buyer is offering a certain price for your property and you are unsure whether you want to take the offer, don’t feel pressured into answering on the spot.

Not accepting an offer

Do not feel obliged to accept an offer if it is less than what you want.

Simply advise the buyer politely that the offer is below what you need and that they are welcome to put forward another offer. If they do not wish to do so, ask them to contact you if they change their mind.

Statutory Requirements

Statutory Requirements

These documents are prepared by your Solicitor or Conveyancer.

Each state has legislation governing documentation / information which vendors must provide at or prior to execution of the Contract of Sale. Your legal adviser will ensure that all statutory requirements are met.

For example:

In Victoria, a Vendor’s Statement must be supplied to the buyer prior to execution of the Contract of Sale. The Vendor’s Statement contains essential information about the status of a property. These documents are prepared by your legal adviser.

The Vendor Statement includes:

  • Information about planning, developments or restrictions.
  • A copy of the title showing existing easements or covenants and boundary measurements of the land.
  • Details of any mortgage over the property.
  • Details of any outgoings such as rates, body corporate fees, or any other charges that may apply.
  • Details of any permits issued for work carried out.
  • Any outstanding notices affecting the property

Both the seller and buyer must sign the Vendor’s Statement before the contract is signed. Your legal adviser will assist you with this.

If the property is to be sold at auction, a copy of the Vendor’s Statement and the Contract of Sale must be available for inspection prior to the auction.

If the Vendor’s Statement contains incorrect or insufficient information, a buyer should discuss the implications with their legal adviser.

Making a deposit

The Deposit

All deposits should be paid to your legal adviser.

Once you have accepted an offer the buyer will be required to pay a deposit.  The deposit is usually 10 per cent of the agreed sale price (however this amount is negotiable). The buyer should pay their deposit to your legal adviser who hold the deposit in trust as a stakeholder until settlement occurs.

Pre-settlement Inspection

Pre-settlement Inspection

Make sure that all obligations of the Contract of Sale are met.

The buyer may wish to inspect the condition of the property at any reasonable time before the settlement date. The Contract of Sale outlines that the seller has an obligation to hand over the property in the same condition as it was when it was sold.

Settlement Day

Settlement Day

Time to celebrate!!

The balance of the purchase price is paid to the seller in exchange for the title to the property on the settlement date. Unless otherwise arranged, the buyer will take possession of the property on the day of settlement.

This post is also available in: Persian