Step-by-step selling guide
Selling your home is a big decision, so it’s important you get it right. That’s why we have created this quick overview of the various steps involved in selling property, so you know where you stand every step of the way.
1. Be prepared - decide to sell
The first step you need to take is to decide when or if you want to sell. Look at property prices, interest rates, capital gain, rental prices, yield and any recent or likely changes to government policy. Visit our market reports section - which contain latest housing price, rental and suburb reports or check out our sold properties.
2. How to choose a salesperson
Your salesperson will expose your property to the marketplace and negotiate with buyers on your behalf, so finding the right person is an important part of the process. Here’s a guide to help you choose the one who's right for you.
3. Why choose Barfoot & Thompson?
We have over 1400 salespeople across Auckland and Northland who are all working for you. All our salespeople are free to introduce their buyers to your property - which gives us greater reach and selling power. This, in turn, gives your home more exposure and gives you a better chance of getting a premium price.
4. How to get your home ready to sell
Before you put your house on the market, it’s important to know your competition, the market and make sure your house is looking its best.
Read our top tips and advice on what you can do before you sell your home.
5. Finding a lawyer
Before you sell a property, we recommend that you get your own independent legal advice. Finding the right lawyer is an important part of the buying and selling process. Agency and Sale and Purchase Agreements are legally binding, so consult before you sign.
6. Choose how you want to sell
We will help you work out the best way to sell your property - that’s right for you personally and your house. Find out more about different selling methods and types of agencies.
7. Marketing your property
We pride ourselves on holding nothing back when it comes to promoting your property. Find out more about your marketing options with Barfoot & Thompson.
8. Accepting an offer
By law, all written offers - irrespective of price - must be presented to you. Our salespeople will be there for advice and will help guide you through the process. Our salespeople are skilled negotiators and will work with the buyer, on your behalf, to get you the best price possible.
Once your offer has been accepted:
There maybe conditions on the offer, such as the buyers being satisfied with a building report. If so, these will need to be met before the offer becomes unconditional
Once an agreement is unconditional, neither the buyer or the seller can change their mind, and the buyer must pay the rest of the purchase price on the settlement day
We'll hold your house keys at the Barfoot & Thompson office until your solicitor advises us, in writing, that the settlement has taken place
Deposit payments are made by the buyer to the real estate agency, which is required by law to hold the money in an audited trust account, only releasing when legally authorised to do so
Settlement day is the date on which the balance for the property is paid. Usually it is the same date as the date the buyers gets possession - the keys - but that is not always the case.