Selling your home is a big thing and an emotional roller coaster so to make it easier we have given the steps below that take place to make it as less stressful as possible.

Step 1

Decide on the time frame you would like to be move or sell.

Step 2

Interview and choose the agent you want to use to sell your house & sign an agency agreement.

Step 3

The owners / sellers ask their solicitor to arrange a Contract of Sale for the property. A residential property cannot be advertised for sale until a contract has been prepared. If you have a swimming pool or spa, ensure it is compliant with the Swimming Pools Act 1992.

Step 4

The vendors arrange a Clearance certificate.

Step 5

Agent prepares the property for sale ie: arranges styling, things to be fixed, professional photos, videos, brochures, signboards etc.

Step 6

Agent lists the property for sale on the various internet real estate sites ie Domain, realestate.com.au etc.

Step 7

Agent has open homes allowing the public to come view the property. Generally once during the week and on a Saturday.

Step 8

Agent contacts all inquiries both from online and the ones that came to view the property.

Step 9

Agent negotiates the sale for the highest price before auction or allows the property to sell at auction where a auctioneer is hired.

Step 10

The contract of sale is signed and the normal 6 week time frame is allowed for settlement ( Any time frame can be put on the contract to suit the owners and can be negotiated to suit the buyer if the owners agrees)

Step 11

The buyers pay a 5% or 10% deposit into the agencies trust account ( ie Lifestyle Real Estate Group)

Step 12

The buyers arrange finance and bank valuation of the property through their bank.

Step 13

The owners/sellers move out and have the house cleaned a day or 2 before settlement.

Step 14

The owners/sellers give all the keys to the agent.

Step 15

The buyers normally inspect the house 1 or 2 days before settlement.

Step 16

The property settles on a agreed date as per the contract of sale conditions

Step 17

The agent waits for confirmation from the owners/sellers solicitor that the property has settled and arranges to give the keys to the new owners.

Step 18

The agency then pays the buyers deposit to the owners / sellers which has been held in trust, less the agencies commission. This then completes the whole transaction.