What is the process of selling a property, from listing to closing?

1. Preparing your property: Clean and tidy your property to make it more attractive to potential buyers. Consider making any necessary repairs or improvements to increase the value of the property.

2. Choose a Real Estate Agent: Choose a reputable estate agent with local market knowledge and experience. Your agent will advise you on pricing, marketing and the overall sales process.

3. Set the listing price: Work with your agent to set a competitive and realistic listing price based on market analysis.

4. Marketing your property: Your agent will create a marketing plan that includes professional photography, listing on various real estate websites and possibly open houses.

5. Receive offers: Interested buyers will make offers to your agent. You and your agent will review and negotiate the offers to ensure you get the best deal.

6. Accept an offer: Once you’ve accepted an offer, both parties sign a sales contract. The buyer will be required to pay a deposit, typically 10% of the purchase price, which is held in the Real Estate Agency’s trust account.

7. Conveyancing and due diligence: The buyer’s conveyancer or solicitor will carry out searches and due diligence on the property. They may need to provide information about the title, zoning and any charges on the property.

8. Building and Pest Inspections: The buyer may arrange for building and pest inspections to identify any problems with the property.

I’m confident that I can get your Gold Coast property sold for the best possible price. Let’s meet over coffee and I’ll show you how. Looking for Real Estate Agents in Surfers Paradise Gold Coast and you’ve found yourself here, together we can achieve the Best possible Price and get you sold.

9. Contract of Sale and Cooling off Period: The buyer has a cooling off period (usually five business days) to cancel the contract without penalty. However, this period can vary and there are conditions that must be met.

10. Exchange of contracts: After due diligence and inspections, both parties sign the contract of sale. The contracts are exchanged and the buyer pays part of the purchase price (usually 10%).

11. Settlement: The settlement date is agreed in the contract and is usually 30 to 90 days after the exchange. On the settlement date, the balance of the purchase price is paid to you and the buyer takes possession of the property.

12. Taking possession: The buyer takes possession of the property and you should leave the property empty and in the agreed condition.

13. Settlement statement: Your solicitor or conveyancer will provide you with a statement detailing the costs and proceeds of the sale.

14. Completion of Settlement: The settlement is completed and you receive the proceeds of the sale minus any outstanding costs.

15. Notifying relevant parties: Notifying the utility companies, local council and other relevant parties of the change of ownership.

16. Post-Sale Considerations: You may have to pay Capital Gains Tax (CGT) on the sale, but there are exemptions and reliefs available. Consider how you’d like to use the proceeds, such as reinvesting or using the funds for other purposes.

It’s important to work closely with your solicitor or conveyancer at every stage of the process to ensure a smooth and successful sale of your Gold Coast property.

Looking for Real Estate Agents in Surfers Paradise Gold Coast and you’ve found yourself here, so let’s chat over a coffee about the process of selling your home and how it all begins. Craig Douglas, your local Gold Coast Real Estate Agent 0418 189 963

Author – Craig Douglas

Please Note: The information contained in this document is for general information purposes only and does not constitute legal advice. The laws and regulations governing the sale of property in Queensland are complex and constantly changing. It is important to seek the advice of a qualified property lawyer or conveyancer before making any decisions about the sale of your property. This document does not take into account your individual circumstances and may not apply to your situation. By reading this document you agree that you have not relied on the information contained herein and that you will seek independent legal advice before taking any action.

I’m a local Gold Coast real estate agent that would love to meet you over coffee and see how I can help you sell your property. Looking for Real Estate Agents in Surfers Paradise Gold Coast, let’s chat to get you from looking, to selling, to sold.

Together we can get your property SOLD for the Best possible Price.

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I know how stressful it can be to sell a property, but I’m here to make the process as easy and stress-free as possible. Looking for Real Estate Agents in Surfers Paradise Gold Coast and you’ve found yourself here, let’s chat over coffee and I’ll answer any questions you have, in order to get you from looking, to selling, to you are SOLD.

Together we can get your property SOLD for the Best possible Price.

Craig Douglas 0418 189 963
Marketing, Negotiating, Selling Gold Coast Homes

No Harassing Phone Calls
No Obligation, No Pressure, Simply Client-Focused Selling
Not your usual Agent

Fiercely Independent, Proudly Your Local Gold Coast Real Estate Agent

You can find me at Canford Estate Agents

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This page was proudly created by Craig Douglas, your local independent Gold Coast real estate agent, working for Canford Estate Agents. Selling residential and commercial properties, from those that are awe-inspiring, through to a diamond-in-the-rough, otherwise known as a “renovator’s delight”.

I negotiate and sell on behalf of property owners who want to get the best possible price, with the least amount of hassle. Let’s talk about the process of selling your property over a coffee to get you started – 0418 189 963