Hi everybody
Can i get some feedback on selling a property
without a real estate agent.
Pros and cons.It seems to me that a lot
of properties sell themselves so why are
we giving all this commission to the agents?In Sydney that may well have been the case 6 – 12 months ago. I’m not too sure about now though. I think agents finally have to actually work for a sale now and follow up leads etc.
We have two no-agent sales in our street. Neither have sold and both have been on the market for over 4 months.
‘Eat rich food, barbeque a yuppie’ [greedy]
I tried to sell privately recently by putting adds in the major syndey papers and http://www.domain.com.au but got no calls[confused2]. It is also very expensive as you can’t go in ‘run to you sell it’.
I did get many calls from real estate agents hanging around like voltures.
If I do it again I will get some signs made professionally and put them around the neighbourhood.Good Luck
Nu Gen
pp,
Properties sell themselves in a boom market.
We’re not any more.
According to some figures I saw last year on where REAs source buyers:
Signs are still the number one source of leads for REAs – so a big sign is a MUST.
A well-worded ad in the appropriate publications is number 2.
Online is number 3 but gaining on 2.
The REA’s database is in fourth spot – though this may be more due to how tardy many REAs are in a boom in keeping peoples’ details
Cheers,
Aceyducey
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