Elders Leongatha & Korumburra - Selling Your Property

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SELLING YOUR PROPERTY

CONTENTS Meet Our Team ........................... 3 WhatOur Clients Say ................... 5 Sale Method ............................... 8 Valuing Your Property .................. 9 First Impressions Count .............. 11 Online Property Portals .............. 15 What to Expect ........................... 17 Sales Process ........................... 18 Settlement Explained ................ 19 Glossary 21

WELCOME TO ELDERS KORUMBURRA & LEONGATHA

For over 180 years, Elders has expertly combined real estate knowledge and experience with national networks to provide our clients with the best results possible. Our professional Elders team of experts are driven by seeing clients succeed with their own individual goals, and we aren’t successful unless you are.

Elders has been serving the local community for 30 years. We operate out of two office locations in Korumburra and Leongatha, allowing us to extend our services throughout the vast local area.

We sell properties all throughout the South Gippsland, Bass Coast and into the Latrobe and Baw Baw Regions, covering an extensive area.

We handle properties ranging from residential, lifestyle and farms. The South Gippsland area is justly legendary for its stunning scenery and thriving agriculture and we’re as passionate about it as our clients.

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MEET OUR TEAM

DON OLDEN

Licensed Estate Agent

0417 805 312

don.olden@elders.com.au

Don has a lifetime of experience in the Real Estate and agricultural industry. His knowledge of the South Gippsland and Bass Coast regions is arguably unrivalled, not to mention a 30 year history in the industry, which has seen him transact some of the districts most significant properties.

Don has a number of times been inducted into the category of Elite Sales Agents for the Victoria/Riverina region.

KATRINA GRIGGS

Sales Consultant

0428 571 083

katrina.griggs@elders.com.au

Katrina has been with Elders for 8 years. As a Sales Consultant, she specialises in residential home and lifestyle properties. She has gained a solid reputation among clients for her excellent communication skills, reliability and her friendly and helpful nature. Katrina prides herself on providing clients with a quality service and optimal outcomes.

Katrina has been the recipient of Elders Real Estate State Awards and the Rising Star Sales Award for 2022.

HELEN ARESTIA

Sales Support Officer

03 5662 3523

helen.arestia@elders.com.au

Helen assists with the preparation of marketing documents and contracts as well as providing support in all areas of the sales process. Helen lives with her husband on a sheep & beef farm near Loch. Now that her and her husband are empty nesters she enjoys on weekends exploring what Gippsland has to offer. Helen prides herself on having a strong work ethic and loves being part of a team environment.

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NATALIE RES Sales Support Officer

03 5662 3523

natalie.res@elders.com.au

Natalie is responsible for all the marketing and administrative tasks throughout the sales process, supporting sales agents to provide excellent service to clients.

Natalie has been working in real estate administration since 1994, starting with a Real Estate Agency in Kalgoorlie before moving to Perth and completing her Real Estate Agents Rep Course. She took some time out of the industry to raise her three daughters before recommencing in 2019.

SHARON TURTON Senior Property Manager

0439 383 091

sharon.turton@elders.com.au

Sharon Turton has been with Elders for a full 25 years. She has a wealth of experience in real estate and rural living. Sharon commenced as an allround Customer Service Officer working with the livestock team for 20 years while raising her family. She joined the property management team in 2018.

In her role as Senior Property Manager, Sharon manages the rent rolls for both Korumburra and Leongatha offices, servicing all the surrounding districts. She is known for her excellent communication skills, attention to detail, is always organised and punctual.

WHAT OUR CLIENTS SAY

Our office has sold many properties over the past year and has delivered outstanding results to many happy vendors. See what some of them have to say.

SELLER FROM LOCH

Well in tune with the marketplace we were selling in. Operated very efficiently; effectively; and professionally, whilst maintaining a personal approach. He was very responsive to any queries or issues that happened to arise. We felt very confident in his capabilities.

Agent: Don Olden

HAPPY SELLER FROM KORUMBURRA

Our Elders agent Don Olden was honest and professional in all aspects. We were always kept up to date with property reports and was also well advertised.

This is the second property we have sold through Don/Elders and we can't recommend them highly enough.

Agent: Don Olden

HAPPY SELLER FROM BENA

Don and his team had an excellent knowledge of the market, pitched the advertising accurately for a successful sale, were diligent in pursue sales leads, and kept us informed about the progress of the sale and the negotiations. All in all its was an enjoyable experience. Thank you, Don and Elders.

Agent: Don Olden

HAPPY SELLER FROM WILD DOG VALLEY

Couldn’t ask for a better representative, knows the area and has a calm, methodical approach. We are very happy.

Agent: Don Olden

SELLER FROM LOCH

Katrina’s professional manner and complete understanding of the market in which she operates makes her a distinct asset to both sellers and buyers. I was impressed by her integrity and attention to the tiniest detail. As a professional writer, I admired the details about my property she posted online. They were an accurate, and true assessment of my property. Most of all, she loves her job, which is patently obvious.

Agent: Katrina Griggs

SELLER FROM LEONGATHA

Excellent from start to finish, easy to talk with, any questions, any time, took the stress out of everything! approachable, friendly, helpful and very professional. So pleased we went with Katrina and Elders.

Agent: Katrina Griggs

SELLER FROM KORUMBURRA

We had the pleasure of working with Katrina to help us selling our family home. She was very knowledgeable about the process, always polite/friendly and communication was the key. In trusting with Katrina we achieved exactly the outcome we were after. Thank you and we will have no problem in referring Elders and Katrina to others.

Agent: Katrina Griggs

BUYER FROM MARDAN

We could not have asked for a more interactive agent. A willingness to listen, communicate, follow up and explain the process was above our expectations. To make the property feel so comfortable from the start was in part due to the agent having a deep knowledge and passion for the area. Katrina. If we won lotto and could spend our millions buying property. We would only want to buy the ones you listed.

Agent: Katrina Griggs

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SALE METHOD

We know it can be overwhelming selling a property, especially with so many different approaches. Listed below are the most common methods of selling a property which will assist you to decide the best option for the sale of your property your Elders Real Estate property specialist will provide recommendations on the best method of sale for the property.

PRIVATE TREATY

In a Private Treaty sale, a property is advertised “for sale”, generally with a set asking price advertised. Buyers must present their best offers and will not know how much other offers may have been presented at.

As there is no set time frame or deadline, there is less sense of urgency from potential buyers. Private Treaty campaigns are suited to potential vendors who may not want the pressure of an auction campaign.

EXPRESSION OF INTEREST

The Expression Of Interest (EOI), also known as a tender process, requires prospective buyers to submit their best possible offer by a set date.

Offers are kept confidential from interested parties and vendors are able to work with their Elders Real Estate specialist to negotiate further with buyers. This method can often attract offers that vary significantly in price.

AUCTION

Auction campaigns are a popular method of sale. Properties are typically marketed for a period of four to six weeks leading up to the auction date. Open for inspections will be held regularly ahead of the auction and will provide strong insight into how many potential buyers are interested in the property.

Auction day is an exciting. Your Elders Real Estate specialist and auctioneer will guide you through this process.

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VALUING YOUR PROPERTY

HOW MUCH IS YOUR PROPERTY REALLY WORTH?

Establishing a realistic price expectation is imperative to achieving a great outcome. We will use recent sales, current market data, existing competing homes listed for sale, evidence of market trends and local knowledge to provide you with an accurate selling range of your property.

Even with the benefit of all of this information, it is important to keep an open mind and your Elders Real Estate specialist will constantly monitor and provide feedback from potential buyers.

The price of a property is often determined by what the buyer is prepared to pay, combined with current market conditions.

Key property price influences include:

• Comparable recent sales in the area

• Similar properties currently on the market

• The condition and presentation of the property

• Marketing strategy

• Industry variables (including market conditions and interest rates)

We are completely focused on achieving the very best result on your behalf and exceeding your expectations in every possible instance.

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FIRST IMPRESSIONS COUNT

PRESENTING YOUR HOME FOR SALE

We suggest you consider the following helpful hints whilst preparing your home for sale and during the marketing campaign. We’ve put together some tips for you to think about that may assist in a quicker sales and in many cases, a higher price.

FIRST IMPRESSIONS

Presenting the exterior of the property is essential, as this is the first impression potential buyers will get of the property. Keep the lawns mowed and watered and the garden looking fresh.

HOME STYLING

Consider inviting a professional home stylist to your property to provide some options on how to best present the interior of the property. Styling the property has the potential to add significant value to sale price.

CLEANING

It is essential for the property to be clean, tidy and seem inviting. The less clutter, the better. Hide personal effects, potential buyers want to imagine themselves living in a property.

AMBIANCE AND AROMAS

Try to eliminate any odours that may be off putting to buyers. Lighting candles during open for inspections can also add to the atmosphere.

REPAIRS

Loose knobs, sticking doors and windows, dripping taps, missing light globes, warped cabinet drawers may seem minor but getting them fixed can add value as buyers can always see what needs fixing!

We can provide you with a list of preferred suppliers that can assist you to prepare you property for sale.

11.

PREPARING YOUR HOME FOR PHOTOGRAPHS

Your photographs are the first opportunity that a prospective buyer has to gain an impression on your home. It could mean the difference between them viewing your home or choosing not to.

A professional photographer can only do so much. It is important that your home is presented well for the photographer to capture it in it’s best light.

EXTERIOR

• Remove vehicles from driveway and front of house.

• Move wheelie bins so they are not visible from the street.

• Neatly arrange outdoor furniture and play equipment.

• Put away garden hose and gardening tools.

• Remove children’s toys, pet bowls/ kennels, pool equipment, etc.

• Sweep pavement/decking, mow lawns and remove weeds.

• Remove washing from clothesline and fold it down where possible.

• Clean pool of leaves and debris.

INTERIOR

• Clean windows, dust surfaces, vacuum/sweep/mop floors.

• Open all curtains and blinds, bring in as much light as possible.

• Ensure all light bulbs are working and turn on all lights and lamps (incl rangehood)

• General clean/tidy/de clutter.

• Remove remote controls from view.

• Hide power boards and cords out of sight where possible.

• Arrange furniture so that rooms look as spacious as possible

KITCHEN

• Remove any personal photos that you do not wish to appear on the internet.

• Remove all door/floor mats.

• Clear benchtops of all items.

• Remove fridge magnets.

• Remove tea towels, dish liquids and drying rack from sink.

• Hide garbage bins, floor mats.

• General clean of cupboard doors, open shelves, etc.

BATHROOMS

• Remove all items from vanity benchtop, shower and bath.

• Remove rubbish bins, bathmats, towels and laundry baskets.

• General clean of cupboard doors, mirrors, shower screen, tiles.

BEDROOMS

• Remove all items (except for lamps) from bedside tables and chest of drawers.

• Remove misc items such as fans, laundry baskets, bins, etc.

• Make beds and fluff pillows/ cushions.

• Put away any clothes, shoes, etc.

• Clear out anything underneath the beds that is visible.

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Elders Real Estate are experts when it comes to marketing property.

Elders have a unique national database and access to a wide range of buyer pools.

Your Elders Real Estate specialist will work with you to select the correct marketing tools to compliment the method of sale.

The price of a property is often determined by what the buyer is prepared to pay, combined with current market conditions.

MARKETING.

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*Imagery examples for visual representation only
Professional Photography
Contact Elders Glenelg today on 08 8123 4567 elders.office@eldersrealestate.com.au 260 Anzac Highway, Colonel Light Gardens, SA 5045 eldersrealestate.com.au Disclaimer: The information contained in this brochure is not based on any independent enquiries or knowledge of the agents, and the vendor & agents own judgment as to these matters. 14. Brochure Signboards Newspaper Just Sold DL Just Listed It’ s the lo c a l k n o w l ed g e . T h e k ind y ou j u s t c a n bu y o n c B e d y o n 0 4 2 4 5 7 8 or 0 8 8 1 23 4 5 7 e a e @ e e e a e a c m a u d s a s e m u B e c C a E de s R e N Real Es t a t e It’ s the lo c a l k n o w l ed g e . T h e k ind y ou j u s t c a n bu y o n c B e d y o n 0 4 2 4 5 7 8 or 0 8 8 1 23 4 5 7 e a e @ e e e a e a c m a u d s a s e m u B e c C a E de s R e N Real Es t a t e e Co on L gh Ga dens O fi e Agen de a s h re0412 444 243 O fi e Agen de a s h re 0412 444 243 d t P oper y D a s H adline ope y t eadlineSed aio e e osequ p em que qu luptiqu ququod xperum genti d p a ape e num ei dam qui up a dempor arum it, que dipiReal Estate 2 3 4 Just Listed 3 p g S b b Cameron Daley 0412 543 678 Cameron.Daley@elders.com.au e dersrealestate.com.au CAPTUR NG AMBIENCE ST YLE & WARMTH Th s charming bungalow is ocated n the her tage l sted sub of Colone Light Gardens Bui t n 1926 t has undergone renova ions to blend old and new ogether For Sale 69 Spr ngbank Road Colone Light Gardens 3 2 2 For Sale Agent Long Name 0402 792 593 serg belleli@eldersre com au eldersoffice com au Just Listed A wonderful place to call home, Ruby | 1200sqm 123 Test Street Great home! • Lorem ipsum dolor sit amet. • Consectetur adipiscing elit. Suspendisse eleifend diam gravida cursus dapibus. • Maecenas iaculis. • Sit amet ultrices enim augue sed dui. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse eleifend diam gravida cursus dapibus. Maecenas iaculis, neque vitae dignissim posuere, erat ante interdum nisi, sit amet ultrices enim augue sed dui. Open from 5pm-5.20pm 5/12/22 eldersrealestate.com.au Elders Korumburra 11 Commercial St - Ph 5658 1894 Don Olden 0417 805 312 Elders Leongatha 16 McCartin St - Ph 5662 3523 Jean O’Loughlin 0428 571 083 Auction 30 December at 5.00pm (USP) Price $750,000 - $875,000 Elders Korumburra Katrina Griggs 0428 571 083 Don Olden 0417 805 312 Elders Web ID 1234 Ruby Just Listed A wondeRful plAce to cAll home | 1200sqm price $750,000 $875,000 Elders Web ID: 1234 Lorem ipsum dolor sit amet, consectetur adipiscing elit. suspendisse eleifend diam gravida cursus dapibus. maecenas iaculis, neque vitae dignissim posuere, erat ante interdum nisi, sit amet ultrices enim augue sed dui open from 5pm-5.20pm Saturday 4th 123 teSt StReet Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse eleifend diam gravida cursus dapibus. Maecenas iaculis, neque vitae dignissim posuere, erat ante interdum nisi, sit amet ultrices enim augue sed dui. • Lorem ipsum dolor sit amet. • Consectetur adipiscing elit. Open from 5pm-5.20pm 5/12/22 Ruby Just Listed A wOndeRful plAce tO cAll hOme | 1200SqM price $750,000 - $875,000 Elders Web ID: 1234 123 test stReet Real Estate E d Co one gh Ga dens Offi e/Ag t de a s he e0412 444 243 Offi e/Ag t de a s he e 0412 444 243 d When getti g the highest price counts. E der a e ting and se ling prope in our a ea with e o d b eak ng results. y po y se, For p emium lt E de d on 08 8295 2022 and g your p ope y Sold! 2 3 4 4 Just Sold 3 E p A R L g S b sold Property Live By The Sea Real Estate Colonel Light Gardens 123-1245 Anzac Highway Elders Colonel Light Gardens Office/Agent details here 0412 444 243 Email name@eldersrealestate.com.au eldersrealestate.com.au Modern kitchen with stainless ste sdfsd dgdfg ggfd dgdfgdg dgdgdgdfgdg dfgdgfdgdgdgfddfgdfg dfg dgfdg fdg fdel appliances, dishwasher • Light & bright lounge/dining area with r/c air conditioner Floating timber floors, quality carpets 2 bedrooms (master with built in robes), both with ceiling fans Modern upstairs bathroom with toilet 9 9 12,000m9 2

ONLINE PROPERTY PORTALS

PREMIERE LISTING

Premiere property listings appear at the top of all search results so buyers see them first.

HIGHLIGHT LISTING

Highlight property listings are listed towards the top of search results, before all Feature Property and Standard listings, helping drive buyer enquiry.

FEATURE LISTING

Feature property listings are seen before all Standard listings in search results. All of our properties are automatically uploaded to realestate.com.au as a feature property.

STANDARD LISTING

Some agencies have decided not to pay an additional expense to allow all of their listings to upload automatically as a feature property. They will upload them as Standard Property and will never be seen on the first few pages of an internet search.

PLATINUM LISTING

Showcase your property with the largest and highest ranked listing type in search results to attract more buyer enquiries and greater competition, for a better sales result.

GOLD LISTING

Attract buyer attention with a 150% larger listing on desktop and a higher position in search results, driving more enquiries and greater competition for a better sales result.

SILVER LISTING

Boost your position in search results and secure a larger listing on mobile, driving more enquiries and greater competition for a better sales result.

BASIC LISTING

Appears after all other Domain listing products on search results.

ELDERSREALESTATE.COM.AU

Showcase your property on one Australia’s most visited real estate portals, attracting over 1 million views a month.

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PHOTOGRAPHY COST (inc GST) Up to 20 images $198.00 Up to 15 images $176.00 Up to 10 images $154.00 Drone $198.00 Floorplan $154.00 SIGNBOARD 4X3 Signboard $220.00 6X4 Signboard $355.00 6X6 Signboard $395.00 Corflute Signboard Elders to Cover ONLINE ADVERTISING realestate.com.au (premiere listing) $1,069.00 eldersrealestate.com.au No Cost Domain Elders to Cover Spoke digital campaign (2 weeks) $280.00 PRINT ADVERTISING The Weekly Times 3 X ¼ page ads with digital component $4,059.00 Age/AFR 2 X ¼ page ads $2,398.00 The South Gippsland Sentinel Times Elders to Cover OTHER Brochures & window cards Elders to Cover Social Media Facebook & Instagram Elders to Cover VIDEOGRAPHY 3D Home Tour $330.00 Walk Through Video No Cost Professional Video $440.00 COSTING 16.

WHAT TO EXPECT

SERVICE AND FEEDBACK STRATEGY

Our service to you begins from the moment we are appointed to act on your behalf.

If required, we will formally advise your legal representative to prepare the required documentation.

During the sales period you will receive inspection feedback, regular phone calls, details of all visitors inspecting the property and a summary of the number of interested buyers, both positive and negative, including analytics from online ad views.

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SALES PROCESS EXPLAINED

1. Title Search to be completed & Owner ID confirmed (in states where required).

2. Agent to book photographer and do text for advertising as agreed to with seller.

3. Agent to order Signboard and have erected.

4. Agent to Load Listing onto all websites.

5. Agent to organise “Just Listed” Letterbox drops and email Database details of new listing.

6. Book Newspaper advertising (where appropriate).

7. Book Open Homes and drop invites to surrounding homes prior to opening.

8. Vendor report and regular communication from the agent through the marketing process. Discuss price adjustments and review marketing.

9. Agent to introduce potential buyers all offers will be presented to the seller.

10. Seller can accept, reject or counter the offer.

11. Once the offer is accepted with conditions and price agreed the sale settlement process will begin.

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SETTLEMENT EXPLAINED

FROM ACCEPTANCE OF OFFER TO SETTLEMENT

1. Once the contract has been signed by all parties it will be processed by the Sales administrator.

2. The Agent will remind the buyer of their requirements to pay the deposit and obtain finance approval (where required) with the dates on the sales contract

3. All conditions of the offer are to be met by the sellers and buyers as per the Sale contract. Copies of paperwork to confirm these conditions are to be supplied to the agent as per the Contract terms eg Building Reports and Pest Inspections.

4. The Settlement Agent/conveyancer will be notified to commence the settlement process. The Agent is to provide finance approval and confirm completion of any Special Conditions.

5. The Property is deemed to be “Sold” and ready for settlement when all the conditions have been met. These must be within the time frames of the contract.

6. Where the contract has a Final Inspection, this to be arranged by the agent electrical and gas appliances etc. (as per the sales contract) are to be checked by the buyer.

7. The Settlement Agent/Conveyancer will communicate regularly though the process. In some states the conveyancer will require further confirmation of ID.

8. The conveyancer will require paperwork ( eg Transfer of Land) to be signed all parties should attend to this in a timely manner and advise if they will be unavailable at any time during the settlement process.

9. The property will be required to be ready on the settlement date (as per the sales contract) and keys to all doors and windows available for handover after settlement has been confirmed

10. Conveyancer and Agent will confirm when settlement has been completed.

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NB. Please note; this process only outlines the involvement that we have with you as your Real Estate Agent. It does not include the process that you will follow from acceptance of offer to settlement with your nominated Settlement Agent.

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REAL ESTATE GLOSSARY

WORDS THAT YOU MAY ENCOUNTER THROUGHOUT THE SELLING PROCESS

APPRAISAL

An estimate of the likely selling price of a property derived using recent sales results of comparable properties.

CHATTELS

Movable personal items that are not sold with the property unless specified otherwise.

COMMISSION

A percentage of the selling price of a property, paid by the seller to the agent, normally after the property is sold.

CONDITIONAL CONTRACT

A contract where certain conditions must be met before the home is deemed as sold. At this stage, the home is referred to as being under contract.

CONVEYANCER

A person who specializes in the transfer of property and usually prepares the section 32, title searches and Form 1. They communicate on your behalf with your bank and purchaser’s solicitor or conveyancer until your property transaction is complete.

COOLING-OFF PERIOD

The three clear business days after a purchaser signs a contract in which they have the right to end the contract.

COVENANT

Conditions affected the use of land or property written into the title.

DEPOSIT

A percentage of the purchase price paid by the buyer to secure the purchase of the property.

EASEMENT

A right held by someone to use land belonging to someone else for a specific purpose. Mains, drains and water pipes are usually covered by an easement.

EXCLUSIONS

Any item that is specifically not included in the sale.

EXCLUSIVE AUTHORITY

A written contract that gives one real estate agent the exclusive right to sell a property in a specified time period.

MARKET VALUE

The price a willing, but not anxious buyer would be prepared to pay for a property.

MULTIPLE OFFERS

When more than one offer is received on a property from separate buyers.

SECTION 27

The document signed by both vendor and purchaser authorising the deposit paid by the purchaser to be released prior to settlement.

SECTION 32/VENDORS STATEMENT

A document that contains information which the seller must provide to the buyer setting out an restrictions such as covenants and easements, outgoings such as rates , and other relevant notices affecting the property being sold.

SETTLEMENT DATE

The time when ownership of a property passes from the vendor to the purchaser and the balance of the sale price is paid to the vendor.

SUBJECT TO FINANCE OFFER

A condition on a contract where the purchaser will buy a property subject to obtaining finance.

SUBJECT TO BUILDING AND PEST INSPECTION

A condition on a contract where the purchasers will buy a property subject to a satisfactory building and/or pest inspection being conducted on the property.

UNCONDITIONAL CONTRACT

A contract where all conditions have been met and the property is deemed as sold.

VENDOR

The current property owner selling the property.

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Elders Real Estate Leongatha

37 Bair Street

Leongatha VIC 3953

(03) 5662 3523

leongatha.eldersrealestate.com.au

Elders Real Estate Korumburra

11 Commercial Street

Korumburra VIC 3950

(03) 5658 1894

korumburra.eldersrealestate.com.au

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