How do I sell my Home Privately in Brisbane? Good question. We understand why you might be thinking about it and asking for advice. In fact, we’re so pleased you’re asking the question. Because that’s where we were at some years ago. As a Brisbane Couple looking to pocket a few extra dollars for the sale of our home, we asked the same question. We were gob-smacked at the eye-watering commission cheques QLD Real Estate Agents were demanding for the privilege of selling our home. At first we were a bit nervous about selling without an agent, however with the confidence of youth, and the sheer necessity to not make a loss on our first renovation project, we took a leap of faith. After all, what could go wrong? Well, it was a steep learning curve and we made many rookie mistakes that we will never make again, but we got there. Over the years, we’ve refined and tweaked our processes and sold our Brisbane homes privately again and again. We’re so passionate about it that we’ve helped friends and family, and now clients do the same. We are specialists in answering your question “How do I sell my home privately in Brisbane, QLD” and below include a discussion on the process to follow; the risks involved; how to mitigate these risks, and where to go for further help and advice. We hope it helps you on the road to pocketing tens of thousands of dollars extra.
What are the risks selling my home privately in Brisbane, QLD?
- You don’t know what to do and accidentally skip an important step
- Your property doesn’t sell (or sell for what it’s worth)
- You get caught up in legal issues and don’t get paid for your property… and someone moves in… and locks you out……
1. You don’t know what to do and accidentally skip an important step…
There is a recipe or formula for selling any property successfully and this formula doesn’t care who follows it or how much you pay for it. Real estate agents are certainly not the only people who know this recipe. If you’ve never done something before, like selling your Brisbane home privately, it’s reasonable that you will have concerns about what to do and what steps to follow. You need to consider Preparation, Presentation, Pricing, Promotion, Negotiation, and Settlement. No Real Estate Agent will ever publish this, but we’ve documented the 7-step process for selling your Brisbane home for top dollar.  You can keep this for free as your own personal check-list so you never skip a step (you’re welcome).2. Your Brisbane property doesn’t sell
Demand for property in Brisbane is excellent so there are not many properties that spend too much time on the market for long unless the above mentioned recipe hasn’t been followed. Also – we believe no property is ever ‘sold’ – even by the most skilled Real Estate Agents – click on the link to read more if you’re interested to find out why. To summarise the reasons why your Brisbane property may not sell, check out these steps below.
2.1 Preparation
Have you prepared your home properly?
Have you fixed or repaired any issues that could put a buyer off selling your home like mould, leaky taps, termite damage, or an unfenced pool, for example.
You don’t want to skim over any underlying issues in your home that a buyer’s building inspection could pick up later.
Much better to get on the front foot and get these fixed in a timely manner, before putting your property on the market.
2.2 Price
Do you have a realistic price?2.3 Presentation
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2.4 Promotion
- For example is that spare room a study? A Baby’s room? A Spare Bedroom?
- Is the 2nd lounge a ‘cosy retreat’, a study, or a teenagers playroom?
- Have you got a professional photographer to take photos of your home. You really must! Call us if you need some recommendations on affordable property photographers in the Brisbane area who not only do a fantastic job but have a fast turnaround. Â You want to make sure you choose the right photos to attract your target buyer.
- Listing online. Yes, you must do it. It’s pretty simple. It can be SO much cheaper than your Real Estate Agent is going to charge you in marketing costs. If you use our services, we pass on our negotiated rates to you (which are much cheaper than a Real Estate Agent or doing it yourself) as well as come up with your marketing strategy to target the ideal buyer, write the ad and put it up online for you.
- A sign outside your home. In most cases, yes. While it may seem a bit old-fashioned to some, putting a board up outside of your home that advertises your property with beautiful photos (as opposed to advertising your Real Estate Agent’s face and company) is a positive thing. You may attract buyers interested in the area who didn’t realise how great your home was on the inside. Local word of mouth can be priceless and mean the difference in how much your home sells for.
2.5 Negotiation
2.6 Settlement
It is rare for a property sale to crash after the contract is signed, but it does happen. This can be because of financial issues, or even a building inspection report. If you’ve followed all the steps in our proven process, answering the question for you on ‘How do I sell my Brisbane Home Privately’? you should be able to avoid this by selecting the right buyer for your home; and covering off any unexpected building inspection snags right up front in the preparation of your home.3. The Legalities – what if someone doesn’t pay me… or takes my keys… and changes the locks …
So the responsibility for this step is not with you, never with a Real Estate Agent, but always with an independent 3rd party solicitor or conveyancer. This process does not change whether you sell privately or with an Agent. If you’d like advice on some reputable solicitors or conveyancers in Brisbane, please give us a call – we’d be happy to assist.The solicitor or conveyancer’s role is to manage the risk of you getting taken to the cleaners by a buyer.
They manage all the fine-print legal documents involved in the sale of your home; and they will also be responsible for holding deposits and doing due diligence on the financials between the buyer and sellers’ banks.
Therefore even when you sell your Brisbane home privately, you are at no greater risk of being ripped off by a buyer than you are with a Real Estate Agent.Â
Next Steps:Â How do I Sell my Home Privately In Brisbane?
Call us on 1300 798 292 to join the #RealEstateRevolution
Other Useful Links
- How do I prepare my home for inspection?
- How to sell your own Australian Home
- I want to sell my  own home without an Agent – help me!
- How to sell my home privately with low commission in QLD
- Why it’s delusional to think your home can be sold
- Can I sell my home without a Real Estate Agent?
- 7 Step recipe for selling your home like a Pro