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Selling your property is no piece of cake. There are a lot of things you will need to do in order to prepare your home for a sale.

Selling your property is no piece of cake. There are a lot of things you will need to do in order to prepare your home for a sale. 

From making the decision to sell until the sold sticker is put on the sign, it may be a stressful time for you. To make it a little easier and less stressful, we have created a checklist of what you will need to do before selling. 

Make the decision
There are many reasons you may decide to sell: downsizing, upsizing, financial issues or making a change to your investment portfolio. The first decision you will have to make is when to sell. The market has ups and downs throughout the year and it is not always consistent. If you are selling an investment property, research the property market around your area to ensure you sell at the right time to get the best possible price. If you are selling your own home, you will need to think about whether you will buy a new home before selling.

Property preparation
What is the current state of your property? Are there outstanding repairs and maintenance that need to be completed? These factors can make a huge difference when it comes time to sell. Most people who are buying want to purchase a property that is in a reasonable state. If it’s not, they may be able to negotiate the price down lower or may not even be interested at all. Simply de-cluttering the house and tidying up the garden and lawn can quickly change the look and feel of a property.

Find a real estate agent
A real estate agent will be a key person throughout the selling process. They can help with advertising, finding prospective buyers, showing buyers the property and handling the legalities involved. 

Your real estate agent should have strong knowledge about the local area as they will have a better insight into what type of buyers will be interested and the price range it should sell for. Once you have found a real estate agent, you will sign a contract which will outline all the fees, commissions, estimated sales price etc. Make sure you read over the agreement thoroughly or get a legal professional to go over the contract before signing it.

Selling price
In order to determine a selling price, the property will need to be valued by an expert. Some of the factors that will come into play include location, age, size and features. Your real estate agent will also be able to gauge an approximate price range by looking at other properties in the area.

Auction or private sale
There is not necessarily a right or wrong answer when it comes to choosing an auction or private sale, it’s about what will be right for your property. Your real estate agent should provide you information on the current market and area trends and give advice about which option will be better at that time. 

In order to reach as many people as possible, you need to include both online and offline marketing. Some online advertising include online ads,  descriptions on real estate websites and social media and some offline marketing may include flyers, ads in the real estate office and brochures.

Contract of sale
Your lawyer or conveyancer will need to prepare a contract of sale for the property. Some of the information that will need to be added include: details of the owners, title, settlement dates, all conditions of the sale and what is included in it (for example, carpet, furnishings), as well as a zoning certificate.