Property Tips

Steps to selling your home

Selling your home is a complex procedure. Whether it's your first time, or you're an experienced buyer, its very easy to forget things and to feel over whelmed.

While you should always feel comfortable asking questions, the following "event roadmap" might help you keep on track.

Step 1 Prior to listing

  • Select an agent
  • Sign a listing agreement with your agent
  • Arrange a contract for sale through your solicitor

Step 2 Listing your property

  • Agent receives a copy of your sale contract from your solicitor
  • Agent prepares marketing campaign and advertising material
  • Prepare your house for buyer inspections
  • Agent conducts buyer inspections
  • Agent negotiates a sale price to your satisfaction

Step 3 Accepting the offer

  • Offer is accepted
  • Agent accepts a good will deposit (in some cases)
  • Usually 2 weeks until contracts are exchanged
  • Once contracts have been exchanged your property has been sold!

Step 4 Settlement

  • Settlement period begins, usually 4 weeks or there about
  • A day before settlement - pre-settlement inspection conducted
  • by the new owner and agent
  • Move out
  • Settlement
 
Real Estate Institue Of The Australian Capital Territory