How To Sell Your Inverloch Property For The Highest Price
One of the most basic laws of marketing real estate is that the more people who see your property the better your chances of achieving a premium price.
Making sure your property is presented in its best possible condition is one thing, but if nobody knows about it the chances of achieving a quick sale for a good price can be substantially reduced. Australian's have a love affair with property. It is one of those subjects we all like to talk about. Everyone seems to know someone, who knows someone who made a killing when it came time to sell.
Selling your property will most likely be one of the biggest financial decisions you will ever make in your life.
You pay off your mortgage every week for the security that owning your own home gives you, so how can you make sure when it comes time to sell that you will get the best financial results you can?
Your property is your biggest tax-free asset.
Selling for the highest price possible gives you an opportunity to maximise your wealth.
Many homeowners are only in the market on a few occasions in their lifetime, so it can be hard to work out just what is the right approach to take. This is why you need a good agent. A good agent will tell you the simple answer to selling at a premium price is to reach all buyers. They will also advise on how to best present your property to make it attractive to these buyers.
Despite changes in the property market the one thing that does stay constant is that
the more people who see your property the better chance you have of achieving the highest
sale price.
By reaching as many potential buyers as possible you create competition for your property.
HOW MUCH SHOULD I INVEST IN MARKETING MY PROPERTY?
According to property guru Andrew Winter, you should be willing to invest typically 1% of your property value in marketing to achieve the best possible coverage and result. He says if needed you may have to go above and beyond what the agent says because by spending just a little more on marketing you can potentially achieve a much better result.
Here's what other experts have to say:
" The cost of marketing will depend on which channels you use but a general rule of thumb is that an outlay of around 1% of the value of your home will afford a quality and far reaching marketing campaign"
- Director of independant property advisory
Matusik Property Insights
" Anecdotally, the general rule of thumb on the expected asking price of a property is to allow 1% for your overall marketing budget. This will typically maximize your sale price, reduce potential days on the market and provide the greatest probability of a successful sale."
- Tim Lawless, Head of Research RP Data
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