FAQS

WHEN I SELL MY HOME HOW LONG SHOULD I LIST FOR?

Generally, the shorter the period, the safer it is for you the seller. A period between 60 – 90 days is safest for the seller. Ask your agent how long it is taking to sell property in your area, this is a fair indication of the time frame required any longer and you could find yourself tied to the agent against your wishes.

If you wish to extend the agreement at the expiration of the period, you can do so on your terms. If an agent wishes to tie you up to an excessively long listing period you need to question their intent and expertise. Rule of Thumb 45 days is a good listing period. This will allow your agent to find the right buyer for your home.

HOW CAN I TRUST MY AGENT?

A major ingredient in any relationship business or personal is trust. Before you choose your agent, ask many questions, check references, test their negotiating skills and ask yourself a BIG question:

“Do I feel comfortable with this person handling the sale of my family home?”

If your answer is ‘no’, do not hire the agent.

Once you decide on an agent give the agent your trust and confidence. Allow the agent to make decisions and get on with the job of finding the right buyer for your home. Show your trust. The best salespeople are worth your trust. They wouldn’t let you down.

AS A SELLER, DO I HAVE TO BE IN THE ROOM DURING THE AUCTION?

No, you do not – however, it can be very beneficial to see first-hand the buyers, opinion on price and can be very EXCITING watching bidders compete for your property.

DO I HAVE TO PAY UP FRONT FEES?

No, you don’t – Lovell Realty offer different OPTIONS for different levels of marketing and it is entirely your CHOICE of the level of marketing you choose. You can simply select what suits you.

MY PROPERTY IS TENANTED. HOW DO I MARKET MY PROPERTY AND NOT SCARE THE TENANT?

There are specific requirements and set protocol provided by the residential Tenancy Act 1986. You will have the COMFORT knowing Lovell Realty has in-depth knowledge of the Tenants and Agents responsibility under the act.

At Lovell Realty we extend greater property rights to the Tenant appreciating the Tenants privacy and rights to enjoyment. Some tenants prefer we give them.

Open for Inspection times so they know in advance the set viewing times, while others enjoy allowing for free viewing access during the week while they are at work so they have the freedom of their home after hours and weekends.

We get to know your Tenant and establish the ground rules right from the start respecting their wishes.

The last thing you want is for your Tenant to be scared off. Simply the better the relationship with the tenant the easier it is to find the right buyer for you home.

DO YOU HAVE OPEN HOMES?

WE RESPECT YOUR PRIVACY & PROVIDE OPEN INSPECTIONS TO BEST SUIT YOUR NEEDS

Lovell Realty provide the option of controlled viewing and appointment only inspections so that your homes privacy and sanctity can be protected and you have complete control of whom and when buyers are viewing your home.

OPTIONAL OPEN INSPECTION / INTRODUCTION TO THE MARKET

Lovell Realty offer an optional ‘Introduction to the Market’ Open Viewing in the first few weeks of marketing. This allows a heart buyer to view and allow the property to win their heart. Quite often a heart buyer does not know they are moving until the home they have always admired from afar comes on the market. It will also allow neighbours to view your home – they may know of a buyer wanting to move into the area or have a family member wanting to be close by. Active cash buyers will view new listings fast, especially if they have missed out on a home already in such a short time.

HOW CAN I BE SURE THE LIST PRICE I HAVE BEEN GIVEN BY AN AGENT HAS NOT BEEN OVER QUOTED TO WIN THE RIGHT TO MARKET MY PROPERTY?

This is called “buying your business” you may have heard of this, and unfortunately many sellers experience this with the sudden realisation that they have been tied into a 60 -120 day listing.

This is a common trick. If you choose an agent based on the selling price they quote you, you may be badly disappointed. In fact the longer your property sits on the market the fewer people view, resulting in most cases, under selling your home to the market.

If you suspect that an agent is attempting to “buy” your business with an over estimated sale price, insist they give you their estimate in writing.