A QUICK LOOK AT THE SELLING PROCESS

There comes a time in your life when you need to move on and then your main objective is to determine the best and most realistic price and to achieve it in the least expensive and quickest amount of time.

Your home will probably be the most valuable possession you will ever sell and Tauranga First National is here to help.

The major steps in selling your home  are:

1.Obtain a market Appraisal              

2.Choose the right Agency & Property Consultant                                     

3 Deciding the method of sale                                    

4. Developing a Marketing Plan

5. Negotiating and accepting an offer

6. Signing the Sales & Purchase Contract

7. Settlement.

Our Property Consultants at Tauranga First National will help make the selling process an easy one. Listen to their advice as they are acting in your best interest.

Our consultants have access to potential purchasers and they have the experience of knowing what the market has paid for similar homes to yours.

Types of Agreements: You will be asked to sign an Agency Listing Agreement which will contain the terms and conditions of the agency. Before you sign an Agreement you should read it carefully and make sure you understand it and your obligations.

Our Main Agreements are;

EXCLUSIVE AGENCY covers a set period with Is Is where one real estate company agreemwent is signed and allows the agent to concentrate all their efforts into the sale of your property. This can include Auction, Tender or Private Treaty .

GENERAL AGENCY  You can sign this kind of agreement with a number of agencies. However, it must be pointed out that quite often you may not get the same benefits and service as a Exclusive Agency Agreement and therefore it may take a longer period to sell your home.

 

MARKETING  The sale price of your home should be based on prices achieved recently on similar properties within your neighbourhood. Marketing for the best price in the least time! Timing, presentation and advertising are all required to put buyers and sellers together for the best results. Selecting the best marketing plan to ensure your property is exposed to the maximum number of buyers is important in achieving the best price. In all cases it is important to select the newspapers, magazines and target areas which contain the most potential buyers for your type of property. Our agents will advise you ot the right advertising mix.

SIGNBOARDS:Signboards come in a number of shapes and sizes, and your agent will discuss the options available.

ADVERTISING: Local newspapers, Property Magazines,and web sites ( Ours & 2 others) usually form the largest part of the mix. On our websites Potential buyers from anywhere in the country or the world can look at your property inside and out, with the assistance of quality photo's and virtual tours online.

Your consultant may suggest a letterbox campaign with cards or flyers distributed in areas considered to contain potential purchasers.

Open Homes are a popular way of marketing your property. An Open Home is where an agent will invite inspection of your property for a limited time period, usually on a weekend.

Our huge window display is a valuable resource and is kept up to date with full colour window cards and of course is available 24 hours a day and has a high traffic flow!

Negotiating and Accepting An Offer Always have your agent handle negotiations and should you be approached directly then it is wise to politely redirect the prospective purchaser to your consultant.

Your consultant will present any offer in writing at which time you have the right to accept or you can counter the offer on terms acceptable to you. Once You Have Found A Buyer and all conditions agreed upon, the sales & purchase agreement can now be signed.

A deposit will be paid by the purchaser with the balance due as agreed. The deposit will be held in trust by Tauranga First National Trust account / or Solicitor. Once the contract is dated, it is a legally binding document.

Settlement day is the point at which the keys are handed to the Purchaser and the property becomes the purchasers responsibility.

It is important to note that until that date your property is still legally yours, therefore, such aspects as insurance remain your responsibility! Normally a solicitor will handle the sale of property. They are experienced and knowledgeable.

FINDING YOUR NEW HOME Your consultant can also be working on finding you a new home! By dealing with a company like Tauranga First National, you are dealing with Australasia's largest real estate network with approximately 600 offices throughout New Zealand & Australia.

See us FIRST, to market your home! TAURANGA FIRST NATIONAL