Cost of selling your own property

Viewing 4 posts - 1 through 4 (of 4 total)

freeman cooper
Member
@freeman-cooper
Join Date: 2006
Post Count: 115
October 26, 2006 - 1:27 am
Hi Guys,
I have a property that I am trying to sell without an agent,
I have someone interested and want to know if anyone can give me a bit of guidance. It is a storage/ office that I am selling for $38,000.
I spoke to a solicitor and he told me I would need to prepare a section 32 and that would cost me $600.
Any help would be apreciated.
Regards
Frank
mitm
Member
@mitm
Join Date: 2005
Post Count: 28
October 26, 2006 - 2:41 am
I sold my Qld IP to my tenant. I just had to tell the solicitor how much, tenants name and address (dah) and his solicitors details.
He prepared the REIQ contract which tenant signed and handed over a deposit cheque made out to my solicitors trust account. Job done.
Xenia
Member
@xenia
Join Date: 2002
Post Count: 1,231
October 26, 2006 - 11:20 am
Can the solicitor prepare all the paperwork?
The role of a real estate agent is to find a buyer, if you already have one, you’ve already done the work [biggrin]
Get the solicitor to prepare all the searches and settle the deal and your done!!!
Investment Property Management
http://www.adprop.com.au
Terryw
Participant
@terryw
Join Date: 2001
Post Count: 16,213
October 27, 2006 - 3:39 am
Sounds like your in Vic. I beleive vendors are legally require to prepare a statement consisting of various things about the property – building approvals, plans, rates, various utility connections etc.
Terryw
Discover Home Loans
Parramatta
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