How To Sell R3 Zoned Home

Discussion in 'The Buying & Selling Process' started by Samir, 21st Nov, 2015.

Join Australia's most dynamic and respected property investment community
  1. Samir

    Samir Member

    Joined:
    13th Sep, 2015
    Posts:
    20
    Location:
    North Sydney
    Hi,

    We have an R3 zoned home west of newcastle in the hunter valley with a lot of potential. We've listed on gumtree to try to secure a sale asap but we would like to try other methods too.

    Beside going to an agent locally, how else can we find an interested buyer?

    We've listed for $355,000 which is more than reasonable. Just not sure if gumtree is the best out there.
     
    Samir, 21st Nov, 2015
    #1
  2. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,248
    Location:
    Sydney or NSW or Australia
    Why aren't you using an agent?

    Other options fsbo
     
    Scott No Mates, 21st Nov, 2015
    #2
  3. Samir

    Samir Member

    Joined:
    13th Sep, 2015
    Posts:
    20
    Location:
    North Sydney
    The property is best suited to a developer and I think it's more likely developers are looking elsewhere, somewhere I'm not sure of to find R3 zoned properties.

    They may be willing to pay a little more than market price. Plus no commission fees.
     
    Samir, 21st Nov, 2015
    #3
  4. hobo

    hobo Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    682
    Location:
    FNQ
    Agents will usually have a network of developers so realistically, going through a good agent will get your block on the radar of more developers, quicker, IMO.
     
    hobo, 21st Nov, 2015
    #4
    Samir likes this.
  5. AndrewTDP

    AndrewTDP Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    764
    Location:
    Newcastle
    Pm me the details. Could have a client interested in it.

    Alternatively either PRD or Street Property in Newcastle seem to have a few development sites.
     
    AndrewTDP, 21st Nov, 2015
    #5
    Samir likes this.
  6. Samir

    Samir Member

    Joined:
    13th Sep, 2015
    Posts:
    20
    Location:
    North Sydney
    It's located at 16 Railway St, Branxton. So its still about 35 mins from Newcastle. Still happy to give an agent a go should nothing else work in the next month.
     
    Samir, 21st Nov, 2015
    #6
  7. RetireRich101

    RetireRich101 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,149
    Location:
    Sydney
    I think you try BuY My Property which cost few hundred dollars but have listings on RE and Domain....
     
    RetireRich101, 21st Nov, 2015
    #7
  8. Samir

    Samir Member

    Joined:
    13th Sep, 2015
    Posts:
    20
    Location:
    North Sydney
    Thanks for that. Will do it today.
     
    Samir, 21st Nov, 2015
    #8
  9. Samir

    Samir Member

    Joined:
    13th Sep, 2015
    Posts:
    20
    Location:
    North Sydney
    Samir, 21st Nov, 2015
    #9