Are you tired of having to deal with Real Estate Agents to sell or lease your property?
Not anymore. However, you do not have to go as far as shooting them. Just Do It Yourself. No Agents. No Commission. No Let Fees. No Ongoing Management Fees. The important step is to attract the right buyers and tenants.
Advertise online on the major Real Estate Sites with ReDIY.
That's what an Agent would do - advertise it and wait for the enquiry.
A few things to consider prior to advertising online.
The property needs to be prepared prior to photography and inspections.
Have a good look at the property from a fresh set of eyes. First impressions really do make a difference. Does it present well? Perhaps consider, mowing lawn, weeding garden, removing garden waste, pressure cleaning driveway and some re-planting. Attend to minor maintenance issues such as tile grout, leaking taps, light and power switches etc. Giving the appearance of space is a good selling point, so perhaps some de-cluttering may help. Private Landlords need to take particular note of any potential safety issues. All of these things will not cost a lot of money, just time and will make a difference to the end result. That is both in final sale price and final rental price achieved.
Visit the websites of the state governing body to research what documentation needs to be available, prior to inspections. Each State has different legislation. Legislation for private sellers to check on include Building and pest reports, electrical safety switch, smoke alarms, Certificate of Title, easements, pool compliance, final approvals for any alterations and Body Corporate Disclosures statements (If applicable) Some states require a contract of sale be completed prior to putting the property on the market.
As well as some of the above, Private Landlords should check on water compliance and have Body Corporate By Laws (If applicable). Also check on procedures for Tenancy Agreement and Bond Lodgement.
The property is now ready to be advertised online with ReDIY.
Photographs need to be taken. Good quality photos are important. With online advertising, the advertisement is really like a first inspection. The photos need to highlight the best feature of the property. The main image is the first one to be seen. Make it an inviting one, one that will make the enquiry look further at the advertisement. If you do not have a good quality camera, try to borrow one. Professional photography is another consideration. This is especially cost effective for landlords as the photos can be used for future tenancies. ReDIY can assist with Professional Photography, if required.
Write captivating text. Look online for advertisements of similar properties, to gain inspiration. Ensure that all the features and benefits of the property are included in the advertisement. This is not only for the home but also the location. Consider why you bought the home. This will probably be the same reason it will appeal to a buyer or tenant.
Pricing the Property for Private Sellers
Research recently sold comparable properties and ones that are currently on the market in your area. These will be your competition. State Legislation differs on how a property can be priced. Some will not permit an "Offers Over" strategy. Pricing options include: no price, an asking price, offers over or a price range. Conduct thorough research before deciding on the pricing strategy. We can give you a property report for the post code.
Pricing the Property for Private Landlords.
Market conditions change frequently for the rental market. What you were achieving in rent for the previous tenancy may not be the same. You could achieve more or less. Again, research recently leased properties and the ones that are comparable, in your area, that are up for lease now.
You are now ready to advertise on the major Real Estate Sites with ReDIY.
ReDIY will advertise your private sale and private rental on Realestate, Domain plus 6 other sites until leased or sold. All for one low fee and then you can DIY - No Agent - No Commission - No Let Fee - No ongoing Management fee.
Realestate has a strict policy of only permitting Licensed Real Estate Agencies to advertise on their site.ReDIY is licensed. Agencies need to subscribe to their site to have access. ReDIY is a subscriber. We have also been approved by them as an Uploader. I will explain this in more detail later.
Domain allows access but their charges are: For Private Sellers, $660 for eight weeks or $770 for 12 weeks. For Private Landlords, their costs are 2 weeks - $254.10, 4 weeks - $387.20. These charges are just for their site. With ReDIY Private Sellers get 8 sites for less than half this and the advertisement remains online on all sites until sold. With ReDIY, our cost is a great deal less and again, no time limit, until leased. Visit ReDIY.com.au for full disclosure of our one off low cost.
How is ReDIY better for Private Sellers and Private Landlords, than the others? In several ways.
When I said earlier ReDIY is an approved uploader to the major sites, the benefit is that when the advertisement is loaded to our site, it feeds immediately to the other sites. Our Site has been built as an XML feed so we do not have to rely on an uploader to feed our properties to the sites. You DIY.
Simply sign up with ReDIY to create your own dashboard within our site. This is where you will feed in the property details, advertising text and upload your photos. When satisfied, make the payment and select "Go Live" and your advertisement feeds to all the sites. Just like that. Therefore, at any time of the day or night, you can advertise your private sale or private rental with ReDIY. This dashboard is available to you, at any time, from any device to make any changes or updates to your advertisement.
Enquiries from you online advertising with ReDIY.
Because of the policy of realestate.com, your contact details are not permitted to be on the advertisement. The enquiries will come to us. The normal way for third party sites is to forward the enquiry to you by email. Yes, we do this. However, we also enter the enquiry details into your dashboard. Therefore, all the enquiries are in one place and easily accessible by you. Once you have made contact with the enquiry, you can continue that contact directly with them. We also email the enquiry advising them to sign up for free to our site. By doing this they can message you directly through the dashboard. This will also give you access to our Chat function, to chat directly with them. This is very helpful when organising inspection times, passing on documents or even negotiating.
Private Sellers and Private Landlords can advertise on the major real estate sites with ReDIY (Real Estate Do It Yourself) and can Do It Yourself - sell or lease the property without an Agent. No more dealing with the typical Real Estate Agent. .