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Selling your home
Making the move

Selling your home

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Selling your home

As a homeowner, you've by now had some experience with real estate. However, things might have changed since your last purchase and there may be more for you to navigate this time around. You'll need to investigate the housing market, find the right real estate agent and prepare your property for sale. 

We’ve spoken with many retirement village residents who’ve sold their homes and have put together some tips to help you get started. 

Finding the right agent to sell your home 

The right real estate professional is one that not only offers accurate and professional advice, but also understands the emotions you might be experiencing as you prepare to leave your home. 

Real estate professionals recommend finding someone who has current experience selling in your suburb and cross-checking that they have the right licenses and accreditation. 

To get a sense of how active a real estate agent currently is in your area, you can go to a property website (like realestate.com.au) and check the sold section, the agent will be listed there. 

Or, you can simply take a walk or drive around your area and look at the ‘for sale’ signs with the agent’s name on them. 

From your research, make a list of names and real estate agencies. Get in touch and arrange a face-to-face meeting if possible. Real estate professionals say these can be a great way to get a sense of an agent and their sales approach.

Another idea can be to ask your neighbours and other locals for real estate agents they have used recently and trust. Always cross-check these names online to ensure the agents are still working in your area, generating positive sales and are also appropriately qualified. 

Selling costs 

There are various costs to consider when you start the process of selling your home. 

Real estate professionals say an agent's commission can sometimes sit somewhere from 1.5% up to 3.5% of the sale price. However, this varies widely, so it’s best to discuss this early when meeting with prospective agents.

Other costs to consider: 

  • Photography and staging for inspections 
  • Advertising - including listing your property online on platforms such as realestate.com.au and Domain 
  • Auctioneer’s fee 
  • Essential repairs and upgrades 
  • Legal/conveyancing fees 
  • Removalists and cleaners. 

Ask about market conditions 

Real estate professionals know that market conditions can fluctuate regularly and also in certain conditions. They recommend speaking with them about the current market conditions in your area, recent sales performance and the average time properties are on the market before they sell. 

Getting your home ready for sale 

Real estate agents say the little things you do can make a big difference when selling your home, and home staging can be an important part of this. 

On the inside, real estate agents say they won’t often recommend large renovations, but encourage sellers to consider smaller activities that can add value. You may be able to easily freshen up the property with a coat of paint or updated door handles. Ask a real estate agent about the many small, affordable adjustments you can consider making to get your home market-ready.

Decluttering experts and property stylists (who you can consider hiring to furnish your home with rental furniture, art and pieces) can also help you get your property ready for sale. 

On the outside, real estate professionals say it’s important your home has strong street appeal, so take a good look outside to see what can be done to add value. 

Sales approaches 

Speak with your real estate agent about the best approach to selling your home. Depending on the market and location, it may be a private sale or perhaps an auction. Ask about the costs and time associated with each option so you can make the decision that’s best for you. 

 

The information provided is current as at April 2024 and is subject to change. It is general in nature and is not personalised for your unique needs, objectives or financial situation. Some information may be provided by a third party. Aveo encourages you to seek independent legal and financial advice about your particular circumstances before moving to an Aveo retirement village. Any external service provider you engage may charge a fee for services.

As a homeowner, you've by now had some experience with real estate. However, things might have changed since your last purchase and there may be more for you to navigate this time around. You'll need to investigate the housing market, find the right real estate agent and prepare your property for sale. 

We’ve spoken with many retirement village residents who’ve sold their homes and have put together some tips to help you get started. 

Finding the right agent to sell your home 

The right real estate professional is one that not only offers accurate and professional advice, but also understands the emotions you might be experiencing as you prepare to leave your home. 

Real estate professionals recommend finding someone who has current experience selling in your suburb and cross-checking that they have the right licenses and accreditation. 

To get a sense of how active a real estate agent currently is in your area, you can go to a property website (like realestate.com.au) and check the sold section, the agent will be listed there. 

Or, you can simply take a walk or drive around your area and look at the ‘for sale’ signs with the agent’s name on them. 

From your research, make a list of names and real estate agencies. Get in touch and arrange a face-to-face meeting if possible. Real estate professionals say these can be a great way to get a sense of an agent and their sales approach.

Another idea can be to ask your neighbours and other locals for real estate agents they have used recently and trust. Always cross-check these names online to ensure the agents are still working in your area, generating positive sales and are also appropriately qualified. 

Selling costs 

There are various costs to consider when you start the process of selling your home. 

Real estate professionals say an agent's commission can sometimes sit somewhere from 1.5% up to 3.5% of the sale price. However, this varies widely, so it’s best to discuss this early when meeting with prospective agents.

Other costs to consider: 

  • Photography and staging for inspections 
  • Advertising - including listing your property online on platforms such as realestate.com.au and Domain 
  • Auctioneer’s fee 
  • Essential repairs and upgrades 
  • Legal/conveyancing fees 
  • Removalists and cleaners. 

Ask about market conditions 

Real estate professionals know that market conditions can fluctuate regularly and also in certain conditions. They recommend speaking with them about the current market conditions in your area, recent sales performance and the average time properties are on the market before they sell. 

Getting your home ready for sale 

Real estate agents say the little things you do can make a big difference when selling your home, and home staging can be an important part of this. 

On the inside, real estate agents say they won’t often recommend large renovations, but encourage sellers to consider smaller activities that can add value. You may be able to easily freshen up the property with a coat of paint or updated door handles. Ask a real estate agent about the many small, affordable adjustments you can consider making to get your home market-ready.

Decluttering experts and property stylists (who you can consider hiring to furnish your home with rental furniture, art and pieces) can also help you get your property ready for sale. 

On the outside, real estate professionals say it’s important your home has strong street appeal, so take a good look outside to see what can be done to add value. 

Sales approaches 

Speak with your real estate agent about the best approach to selling your home. Depending on the market and location, it may be a private sale or perhaps an auction. Ask about the costs and time associated with each option so you can make the decision that’s best for you. 

 

The information provided is current as at April 2024 and is subject to change. It is general in nature and is not personalised for your unique needs, objectives or financial situation. Some information may be provided by a third party. Aveo encourages you to seek independent legal and financial advice about your particular circumstances before moving to an Aveo retirement village. Any external service provider you engage may charge a fee for services.

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