So, How and Why should I Sell my house Privately?- Selling privately gives you control over the entire process. You get to take the driver’s seat for the sale process and do everything on your terms. There's a lot more freedom and less pressure throughout the entire process, everything from scheduling inspections with buyers to how you advertise your home is on your terms.
Selling house privately has become incredibly popular here in Australia
More and More Property owners each year choose to sell their own homes, as opposed to using a traditional Real Estate Agent. When you sell your house privately, you stand to save yourself an enormous amount of money in expensive Real Estate fees & commission.... In a lot of cases, its tens of thousands of dollars.
The internet had made it incredibly easy to Sell your House Privately
The internet has made the process of buying and selling goods unbelievably easy. Sales and transactions are made daily over a simple click and a phone call. The internet has revolutionised the Real Estate Market to where we no longer need the agent or middle man to facilitate the transaction.
With emerging the emerging technology that Sale By Home Owner provides , selling property is now as easy as listed your home online & waiting for the buyers to call.
We advertise on all websites that almost all Australian property buyers search to purchase their next property. The 2 major websites are realestate.com.au & domain.com.au.
We offer the 'Exact' Same advertising opportunities as Agents, without the huge commission
Selling property traditionally with a Real Estate agent will usually result in a 6 to 12 week marketing campaign, consisting of online advertising, listing the property on major real estate websites like realestate.com.au & domain.com.au.
What’s great about selling privately with Sale By Home Owner, is you have access to the 'exact' same advertising opportunities as traditional real estate agents, except you can now hold your inspections or Open Homes whenever you like, and there's no commission to be paid at the end of the sale.
Another great thing about Selling your House Privately is you have the freedom to sell your property according to your schedule. When it comes to Open for Inspections, you may choose to host a 1 hour or 3 hour open home during the Peek inspection hours on Weekends, to give your buyer more of a chance to inspect the property. This is opposed to the normal 15 to 30 minute window agents will set aside for your property on the weekend.
Considering you have the exact same advertising opportunities as Traditional agents, it’s no surprise that the average time it takes to sell a property privately matches the Real Estate industry average of 60 to 90 days.
Sell My House Privately? - Wouldn't it be easier to just pay an agent?
How much is your time really worth to you - Lets break it down for you below...
For example, let’s say your home is worth $700,000. With the Australian average commission rate being 2.9%, that means fees of approximately $20,300.
Everyone is different, however, on average, it may take the everyday person 12 hours of their time in total to sell their house privately. That includes the listing process, photos, inspections, negotiating & settlement of the home. 12 hours of your time, for a commission of $20,300 works out to be $1,690 per hour! - How many times in your life will you ever be afforded the opportunity to be paid $1,690 per hour??
Although there is a small amount of work involved, the rewards for your efforts are incredibly high. Selling your home privately is just a smart financial decision for any property owner.