OneRoof selling property

BY DIANACLEMENT

Therecomes atimefor mosthomeowners whenthedayhas arrivedtopackup, selltheirhome, and moveontothenext stage in life.Forsome, their firsthome istoosmallfor agrowingfamily. Othersellerswillbetransferring to anew locationforwork,ora bettersuburbtheycouldn’tafford previously.Oritmayjustbe time to moveup thepropertyladderand growtheirequity.

Discoverwheretostartinthe sellingjourneywithOneRoof’s comprehensiveguide.

We’vecompiled aseriesofarticles coveringthehome-buyingjourney fromdreamto reality.

Thisguideexamineseverything fromthesellingprocesstomoving out.Findouthowtotimethesale, getthehouse ready,choose asales method,findtheright realestate agent,acceptoffers,gothroughthe settlementprocess,andmoveatthe endofthejourney.

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WHEREDOI START IF IWANTTO SELLMYHOUSE?

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1Research the market youaresellinginto

Sellersdobestwhenthey understand localmarket conditions.

● Real estate agents can help you get familiar with the local area and what properties sell for.It’s best to get out and visit as many open homes as possible as well to get your own feel for what is happening in the market It will help give you arealistic assessment of how much your property will sell for and how long the sale process might take.

● Visit OneRoof.co.nz to seehow much properties in your area areworth as well as recent house-sold prices. It’s surprising how much you canlearn from the data available on properties.

● Property markets go in cycles according to supply and demand. Sometimes it’s easier to sell, and get abetter price, when thereare more buyers in the market than housesfor sale. That’s called a“seller’smarket” because it favours the seller nthisguide, we shareour top tipsongetting thehouse selling process started, the stepsyou’ll needto take andsome of the most importantthings to consider If you’ve never sold ahouse before, thereisa learning curve to go through. The moreyou know in advance, the fewer surprises therewill be.At other times pricesmay fall or move sideways and thereare fewer buyers than sellers. That’s abuyer’s market. Think of the property cycle as aclock with the boom at 12pm, followed by aslide at 3pm, andthe bottom of the market at 6pm. That’s followedbya rising/hot market at 9pm and back to the top of the market at 12pm.

2Determine thevalue of your home

If you want to get thebest price for yourhome, youneed to know what it’sworth. Consider getting yourhouse valued so youwon’t be tempted to take alow-ball offer,and also don’t expect too much.House salescan fall through whenvendorsfail to accept realistic offers.

● OneRoofproperty estimatesare a good placetostart. They usedata from Valocity,and arebased on figures such as recent sales, council valuations and market trends.

● Realestateagent appraisals. A real estate agent can give you agood idea of what your home might sell for.Bylaw,they must be provided in writing, reflect current market condition, and be supported by comparable informationon similar sales in similarlocations.

● Registered valuation Aregistered valuer is aspecialist who justvalues homes.The valuer will visit the