Thinking of Selling your Home or investment property with Maguires Real Estate?
What is the process for listing my home with your agency?
- Once we have received your phone or email enquiry we will contact you to discuss the property you are planning to sell and arrange a time to meet either for an inspection or a discussion of what is involved
- You should bring to the meeting any relevant documents you have, including a Section 32 (if you already have one), copy of current lease if the property is leased as well as anything else that might be helpful in appraising or marketing the business such as photos, building reports etc.
- We can arrange the meeting at a time to suit you, inside or outside normal business hours
- As agents we are able to access property data that will help us to arrive at an accurate appraisal of the property's market value. Once we have inspected it we can agree together on the best price to ask for the property in the current market.
- We will then explain to you any charges involved in marketing your property (see below) and rates of commission. Please note that, under Victorian government legislation, we need to inform you that both commission and marketing charges are negotiable.
- Once we have received your phone or email enquiry we will contact you to discuss the property you are planning to sell and arrange a time to meet either for an inspection or a discussion of what is involved
- You should bring to the meeting any relevant documents you have, including a Section 32 (if you already have one), copy of current lease if the property is leased as well as anything else that might be helpful in appraising or marketing the business such as photos, building reports etc.
- We can arrange the meeting at a time to suit you, inside or outside normal business hours
- As agents we are able to access property data that will help us to arrive at an accurate appraisal of the property's market value. Once we have inspected it we can agree together on the best price to ask for the property in the current market.
- We will then explain to you any charges involved in marketing your property (see below) and rates of commission. Please note that, under Victorian government legislation, we need to inform you that both commission and marketing charges are negotiable.
- We can discuss times and dates for inspections and Open for Inspections as well as sign boards and photography
- If you decide to sign either an Exclusive or General Authority to list your residence with us we will write up a description of your property for you to approve or amend and then begin to list your property on our website and on a number of the residential internet sales sites.
- If you decide to sign either an Exclusive or General Authority to list your residence with us we will write up a description of your property for you to approve or amend and then begin to list your property on our website and on a number of the residential internet sales sites.
How much do you charge to sell my home or investment property?
There are two components to real estate agents' fees:
1. Fees for advertising and marketing
Under Victorian legislation fees for promotion and advertising of your business or property should reflect the actual cost involved. These costs are significant and and can involve expensive subscriptions by the agent to property websites. Selling a home can be a stressful time and normally involves considerable inconvenience and worry. Agency advertising for selling a property can be very expensive so to avoid adding unnecessary extra costs when selling your property we have restricted our advertising and set-up costs to a maximum of $1,500. This is a one-off fee and it allows you to remain on the sites below for as long as it takes to sell your home or investment property.
This fee covers free *standard listings on the websites below, photography and copywriting, signage, open for inspections and preparation of draft Contract of Sale of Business and Property.
Marketing of your property is therefore provided on the following sites:
*Separate charge if you request an upgraded listing on some of these sites or a larger photo sign.
2. Agent's commission fees
Please note that, under Victorian government legislation, agent's commission fees are negotiable. Our standard commission on a successful sale is as follows:
Charge for sale of residential property
2% + GST
Commission is paid at settlement and is usually taken from the purchaser's deposit, which is generally lodged in our Agency Trust Account.
There are two components to real estate agents' fees:
1. Fees for advertising and marketing
Under Victorian legislation fees for promotion and advertising of your business or property should reflect the actual cost involved. These costs are significant and and can involve expensive subscriptions by the agent to property websites. Selling a home can be a stressful time and normally involves considerable inconvenience and worry. Agency advertising for selling a property can be very expensive so to avoid adding unnecessary extra costs when selling your property we have restricted our advertising and set-up costs to a maximum of $1,500. This is a one-off fee and it allows you to remain on the sites below for as long as it takes to sell your home or investment property.
This fee covers free *standard listings on the websites below, photography and copywriting, signage, open for inspections and preparation of draft Contract of Sale of Business and Property.
Marketing of your property is therefore provided on the following sites:
- www.maguiresrealestate.com (business, commercial and residential)
- www.realestate.com.au
- www.domain.com.au
- www.realestateVIEW.com.au
- www.homehound.com.au
- www.homely.com.au
- www.juwai.com (Chinese website)
*Separate charge if you request an upgraded listing on some of these sites or a larger photo sign.
2. Agent's commission fees
Please note that, under Victorian government legislation, agent's commission fees are negotiable. Our standard commission on a successful sale is as follows:
Charge for sale of residential property
2% + GST
Commission is paid at settlement and is usually taken from the purchaser's deposit, which is generally lodged in our Agency Trust Account.
2. Agent's commission fees
Please note that, under Victorian government legislation, agent's commission fees are negotiable. There is no charge payable to our agency if we are unsuccessful in selling your home or investment property. Our standard commission on a successful sale is as follows:
Percentage charge:
2% + GST
Commission is paid at settlement and is usually taken from the purchaser's deposit, which is generally lodged in our Agency Trust Fund.