What does mean
for sale by owner?
For Sale by Owner in Australia, there are multiple advantages to selling a house using this approach, most notably the enormous savings by not surrendering 2-3% (or more!) commission of your sale value to a traditional agent. You can potentially save tens of thousands of dollars, depending on how much you can sell your place for. Think about how much of this you could put towards the stamp duty or improvements on your next home!
DIY house sales are not a new trend and are estimated to make up around 25% of all property sales in European countries, but there are still many myths surrounding the complexity and the requirement for a licensed real estate agent to sell for you in Australia. Here are some of the most common myths you may have heard:
- You need to be an accredited real estate agent to advertise a house – Incorrect.
Just as you don’t need to be a car salesman to sell your car, there are no specific qualifications required to sell your own home. You understand your house better than an agent would, and are arguably the most equipped to advertise it yourself. If you don’t know how to write your ad, consider listing through No Agent Property who have consultants and support team to assist with copywriting, as well as organising professional photography, providing a For Sale By Owner sign for the front of your property, and advertising your property in Australia’s largest real estate portals, including RealEstate.com.au.
- Buyers hesitate it when sellers are present at an open for inspection and prefer talking to an agent as a third party – Wrong.
Successful sellers and their buyers tell us quite the opposite! Buyers like asking questions directly to sellers, as they get an honest and immediate answer, and a more genuine feel for what it’s like to live in or own the property. It’s the same for sales negotiations, which ends up being quicker – you’re in discussion directly with the owner, rather than going back-and-forth with an agent who has to reach a seller to then get a second-hand response back to you. If you’re worried about negotiations, contact No Agent Property who provides full support to its customers and suggestions on how to handle talks with buyers.
- You need to hire an agent if you want to auction your property – False.
Many auctioneers can be hired without the assistance of an agent. No Agent Property can even organise an auctioneer for you for a set price. Most auctioneers help run the whole event and work with you to ensure a smooth auction campaign.
- You need a real estate agent to handle the legal side, such as contracts – False.
Agents are not qualified to handle the legal side. Conveyancers actually handle every legal aspect of property sales, so why not go directly to them? If you don’t have someone you know already, No Agent Property can redirect you to one their conveyancing business partners to assist you prepare sales contracts, handle deposit money, and organise the exchange and settlement. It’s always recommended to get onto this early, to have the contract drafted before you advertise your property for sale, and in some states in Australia, it’s a legal requirement.
- Without agents, you can’t have your listing on the largest real estate property websites – Actually, this one is correct, but there are ways you can still do it privately and save on commission!
The leading property portals will usually only receive listings from accredited real estate agents, but by advertising privately with No Agent Property, who are licensed in every state, you can have access to all of them, including RealEstate.com.au, Domain.com.au and many more, while having all the enquiries passed to you so you’re in control. They can also arrange to upgrade your ad to feature, highlight or premiere to help it stand out. This is the same service that any agent can provide, at just a fraction of the cost.
- You will receive more money when you are selling with an agent – Incorrect.
Agents are often saying that they have the expertise to negotiate the best sales price, but observations have shown that private sellers are succeeding and regularly beating local sales prices and time on the market. On top of that, you get the commission in your own pocket, instead of giving away thousands in commission!
- You are going be alone in the sales process, and it’s too much hassle to get it right – Wrong.
You may in fact find that you don’t need much help, but many sellers choose to have the security of high levels of support and well-managed listing on all major portals with No Agent Property, ensuring they get the best help, advice and exposure for their property. No Agent Property also has partnered businesses to assist you with professional photography and video, legal, moving, interest-free finance for minor improvements, and a mortgage broker ready for your next move, so you’ll be good hands!
In Short This Is What You’ll Get
You can list your property with us either via our fully automated signup process, or by simply giving us a call on 1300 850 855 seven days a week, and one of our friendly assistants will help you through the process.
Click the PLAY button on the right to view one of our customers sharing their experience about selling privately via an Auction campaign.
Stuart Smith Property Sold By Owner - 3 Lang Street Coolum Beach QLD 4573
No Agent delivered a well managed platform to sell your property
Listing ID : 21206
Linda Wells Property Sold By Owner - 10/7 Eldridge Crescent Garran ACT 2605
The whole process went very smoothly and the quality of the signboard, OFI boards and brochures, as well as photography, was excellent.
Rating : 5
Listing ID : 23295
Amy Tsiantas Property Leased By Owner - 5 Cornell Avenue Mount Duneed VIC 3217
Great website for private landlords to rent their properties.
Rating : 5
Listing ID : 21442
Cynthia or Clint Lopez-Grabham 185, Korumburra-Bena Road, Korumburra, VIC 3950
No Agent PROPERTY made it a very easy process. Helped us all the way through. Thank you.
Rating : 5
TYPE : RESIDENTIAL SALE
Listing ID : 21291
Make The Right Choice!
Sell your home without an Agent
- Charge you a lot of commission
- Tied in, potentially leaving you stuck with an ineffective agent
- No Money Back Guarantee
No Agent Property
- We don’t charge commission
- We don’t tie you in
- Our 110% Money Back Guarantee
- Free For Sale Board include on all our packages
Our 110% Money Back Guarantee
“If you do not sell your house or land through us and decide to use an agent, we will appoint a local agent for you. Once you sell your property through that agent, we will fully refund any money you have paid us and we will also give you extra 10% for the trouble.”
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All of our package include a your listing on Realestate.com.au and Domain.com.au
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