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Selling privately... Costs?

Discussion in 'The Buying & Selling Process' started by SirDingo, 15th Mar, 2016.

  1. SirDingo

    SirDingo Well-Known Member

    Joined:
    12th Mar, 2016
    Posts:
    87
    Location:
    SA
    If you decide not to use an agent to sell, what are the costs involved? (Adelaide property)

    Cheers
     
  2. Xenia

    Xenia Adelaide Property Manager Business Member

    Joined:
    21st Jun, 2015
    Posts:
    2,342
    Location:
    4/136 The Parade Norwood, South Australia
    you can advertise for free on many sites like gumtree, there are costs for preparing a form 1 and council searches and convayancing costs when you have negotiated a seller. Budget about $1000

    A couple hundred dollars if you want a sign board.

    I have a friend in Adelaide who provides the guidance to help people sell privately, let me know if you want her details.
     
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  3. Scott No Mates

    Scott No Mates Well-Known Member

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    5,545
    Location:
    Sydney or NSW or Australia

    Your soul!!!! Bawhahahaha! :confused:
     
  4. Nemo30

    Nemo30 Well-Known Member

    Joined:
    31st Dec, 2015
    Posts:
    433
    Location:
    Somewhere
    I'm selling at the moment. I seriously looked at selling myself (had a thread asking similar questions).

    Some of the big websites won't allow private advertisers. Allhomes.com.au will. The cost varies greatly depending on suburb. My suburb it was going to cost $1600. A friend who lives in a regional area it was going to cost $500.

    Don't know if you still can, but you used to e able to go through forsaleforlease.com.au which would get you on realestate.com.au

    Not sure of the rules where you are selling, but mine i needed a contract of sale up front. My solicitor allowed me to delay payment until settlement. It was about $600 just for the contract, This would vary between locations.

    In the end I went with an agent, who charged a marketing fee of $1700 which included main websites, professional photos, 2m high photo signboard.

    Agent is charging 1.65%.

    Here is the link to the thread I started. @Coota9 posted a link to a fantastic article, highly recommend.
    Selling without an agent
     
    Last edited: 15th Mar, 2016
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  5. SirDingo

    SirDingo Well-Known Member

    Joined:
    12th Mar, 2016
    Posts:
    87
    Location:
    SA
    Are there any government fees for the seller for transfer of title, or is that bourne by the buyer?