Selling Your Property
Market conditions can constantly change. Donovan Real Estate Partners are your expert advisors in effective selling methods.
Timing for the vendor, buyer conditions and the type of home can determine what method of sale would be most effective. The best way to determine this however, is to speak to a Donovan Real Estate professional about your home, your needs and the current market.
A great result for your home or investment can be achieved in different ways including the following:
Exclusive Listing (Private Sale)
By signing an Exclusive Sale Authority with Donovan Real Estate Partners, you grant us the exclusive right to sell your home, ensuring a focused and streamlined sales process without competition from other agencies.
Opting for a Private Sale offers significant advantages, particularly in a strong first-home-buyer market. Auctions can sometimes deter these buyers due to their unconditional selling terms. In contrast, Private Sales provide greater flexibility, allowing for Finance Clauses, Building & Pest Inspections, and a 3-day cooling-off period for purchasers after signing the contracts.
While this approach offers some room for negotiation on the purchaser’s side, vendors can feel confident in the effectiveness of this method. Currently, the average days on market for homes sold by Donovan Real Estate Partners in Carrum Downs and Skye is just 20 days. This demonstrates the strength and popularity of the Private Sale method among both buyers and sellers in these areas.
Auction Sale
Auctions are a very effective way of selling property in today’s booming market. In the outer suburbs of Melbourne, the auction clearance rate isn’t strong and with many first-home buyers in the Carrum Downs and Skye areas, it’s not a preferred method of sale. However, even though it’s not the preferred method among vendors, auctions can work beneficially if run correctly by your estate agent.
Auctions welcome unconditional offers on your home on the day, with a 10% deposit paid upfront (in some cases the vendor can agree to a smaller deposit amount). Auctions can promote competition among buyers that can drive the price of the home up and over the asking price.
Expression of Interest
The Expression of Interest Method simply states a closing date for offers on your home after it is listed on an Exclusive Sale Authority with Donovan Real Estate Partners. This method works well if your home is highly sought with buyers in the area driving the enquiry and interest level up, and giving purchasers one chance to put their best foot forward in order to purchase your home.
The first two weeks are crucial. It is important to enter the market with impact.
It has been long recognised that the longer a property stays on the market, the lower the expected chance to achieve a great sales result. Most buyers research the market for approximately 6 weeks before they even view their first property. Real Estate Agents are no longer the “gate keepers” of the information.
When priced competitively in the first instance; researched burs will be attracted to the property. Greater competition can drive sale prices up from here.
Request An Appraisal
When it comes to selling the family home or investment property, the number one factor which will have the most significant bearing in both the emotional and financial result you achieve is that of the agent and agency you select to represent you in the marketplace.
Our team offers a comprehensive sales and advisory service in all aspects of the sales process. Simply put, it is our responsibility to ensure our clients enjoy the sales journey comfortable in the knowledge that their best interests are being served throughout the process. It is our job to make sure that every thing is taken care of and that we deliver on our promises and responsibilities to the highest of standards.