Trademe house selling

[ManDownUnder]

Anyone got any experience of this?

Tips? Tricks etc? We have a house expecting to sell for $390k or so... anyone with experience or reliable information able to help me maximise the chances of a high priced sale?

[Mrs Busa Pete]

Anyone got any experience of this?

Tips? Tricks etc? We have a house expecting to sell for $390k or so... anyone with experience or reliable information able to help me maximise the chances of a high priced sale?

Are you selling or are you buying. Whats the auction number and i will check it out for you.
Wendy

[dickytoo]

I've been looking at buying myself. I noticed a couple of place were sold by private sellers and their comment was that they were rapt by the process and the savings they made by not paying commission.

As a buyer, I like pictures. The ads that irritated me were the ads that showed the same picture from slightly differing angles - like who wants 3 shots of the front of the house? include the best views, including bathrooms etc.

[ManDownUnder]

Not listed yet - I want to make sure it's done proper first time etc.

Am hoping to find someone with experience of selling on trademe (or anyone looking for a 3 brm house in a good school zone...)

[kiwifruit]

im going down this path soon, selling

[TerminalAddict]

ensure (if you have an agent) that they exclude buyers sourced by you.

otherwise you may end up paying commision even though you do all the work selling on tardme

keep all initial emails from purchasers, so if you get in a fight you have proof of initial contact with the buyer .. therefore the work was not carried out by the listing agent.

[Jimmy B]

Hi MDU - have not sold on Trademe but certainly owned a few places. The only bit of advice that I can give is make sure that you are clear in your own mind as to what the place is actually worth.

I Know "independant" valuations can be a bit predjudiced but they will give you recent local sales info. This may provide some leverage if offers are below expectation come negotiation time and provide a sanity check for your price, you maybe shortchanging yourself. Has worked for me.

Good luck

[The_Dover]

im going down this path soon, selling

I'm not sure you're allowed to advertise that stuff on Trade me bro.

[kiwifruit]

buahahaha

[iwilde]

I've brought and sold a number of houses over the last rew yrs and have tried trademe. My advice is go with an agent. But, I sacked a number of agents as they were shit untill I found one that was worth her weight in gold (got me $20000 more than what I wanted!). You can negotiate commision, and if you sign on as a general listing you can use more than one agent and still sell private on TM with no commission. B&T allow you to sell private even if you sign exclussivly.

[Jimmy B]

I've brought and sold a number of houses over the last rew yrs and have tried trademe. My advice is go with an agent. But, I sacked a number of agents as they were shit untill I found one that was worth her weight in gold (got me $20000 more than what I wanted!). You can negotiate commision, and if you sign on as a general listing you can use more than one agent and still sell private on TM with no commission. B&T allow you to sell private even if you sign exclussivly.

Thats reasonable Iwilde and have a tame agent myself. I have bought a house privately and it was a better deal for us because the vendor did not realise where the market was at - Shame.

Of late we have been getting the odd person walk up and want to buy our current house - 2 in the last month - I think when we are ready to sell I will make sure I am aware of where the market is and have a crack by myself, negotiated commision or not Estate agents cost a few bucks and if I get the sale price right then it should be a better deal.

Its a tricky situation:Agents fees and wider marketing campaign should generate more interest and higher price vs going it alone.

[Mrs Busa Pete]

I've brought and sold a number of houses over the last few yrs and have tried trademe. My advice is go with an agent. But, I sacked a number of agents as they were shit until I found one that was worth her weight in gold (got me $20000 more than what I wanted!). You can negotiate commision, and if you sign on as a general listing you can use more than one agent and still sell private on TM with no commission. B&T allow you to sell private even if you sign exclusively.

Most agency will list exclussively and allow you to sell privately any why after all you are the client and what you say goes.But make sure you stipulate it and that it is writen on your listing form.

[iwilde]

Most agency will list exclussively and allow you to sell privately any why after all you are the client and what you say goes.But make sure you stipulate it and that it is writen on your listing form.

Very true, but I've come across a lot who won't sign exclussively if you want to sell privately as they don't want to spend the money on advertising and time on open homes if theirs a chance that you could sell it form under them. Especialy the good ones. The not so good ones don't give a shit anyway and won't market your property agressivaly. To me it's worth paying a negotiated commision and getting a quick sale at market or above value than have an agent that fuck around. What I do now is sign a general listing with 3 or 4 agents for 4 weeks, if the house dosn't sell then either sign exclussively with the best agent or sack the lot of them. In todays market having money out their invested in property cost a lot more as time goes on as I've found out the hard way when I started out.

[Fub@r]

As a buyer, I like pictures. The ads that irritated me were the ads that showed the same picture from slightly differing angles - like who wants 3 shots of the front of the house? include the best views, including bathrooms etc.

I'm in the buyers market at the moment and that is one of my biggest things that irritates me, multiple photo's of the same side of the house at slightly different angles.

My second gripe is auctions and P.O.A listings. If someone doesn't indicate what they want in their ad I don't even bother looking at it. Not going to waste my time going to a house that in say a 300k-400k price search and find out they want 420k+.

Also when you take photo's use a decent camera. nothing worse than someone who has used a pix phone or crappy camera to take pictures. Like they say a pictures paints a thousand words


Also seeing you are a seller when you are showing people around answer questions honestly. Also don't assume where your property boundaries are, if you are not 100% sure where it is if someone asks then say you don't know exactly. If you live near a stream and someone asks does it flood, and you know full well it does and say different you can be done further down the track. However if they don't ask you are not obliged to tell them. I've been involved other the years as a surveyor in a number of litigation jobs between private sellers and real estate agents where they have knowingly decieved a buyer intentionally or have made assumtions as to where boundaries are and have paid the price in court later on.

Love looking at houses and you get the wavy armed agent telling you about the property etc.........that soon stops when they ask what I do for a job though

[Laava]

Just sold our place. Listed on Trade Me and had 1 interested person from there but was easy and awesome price. I would use TM to buy for sure esp private. Definately try, but we put a sign at the bottom of the drive and had to beat the people off with a stick! Sold in 6 days and cancelled TM ad as sold per sign. Best $60 ever spent. Was the same size and material as real estate sign. Good luck!