How can you get to know your neighbourhood?
Are you new to a neighbourhood? It can be scary not knowing anyone or any place at first! Here are a few tips and tricks to get you acquainted with your new area.
If the time has come to sell your property in St George, you may have considered doing so by auction. For those in this position, there are a few things you will need to know.
How does it work?
You'll need to set a reserve price for your property. This is the lowest price you are willing to accept, however it will not be disclosed to bidders. You can discuss this with your real estate agent, who should have a good idea of the value of your home.
You can then select an auctioneer to conduct the proceedings. Make sure you are comfortable with this person, as they will be responsible for selling your home.
What happens next?
Hopefully there will be multiple bids on your home, resulting in the winning bid reaching your reserve price. If this happens, the sale of your property will be unconditional as soon as paperwork has been signed.
If the bids don't reach your reserve, your auctioneer can negotiate with the highest bidder to set an agreeable price. You may have to lower your expectations and accept the market price in order to sell your property when you want to.
Are you new to a neighbourhood? It can be scary not knowing anyone or any place at first! Here are a few tips and tricks to get you acquainted with your new area.
Whether you’re buying or selling, the experts always warn that you should try and avoid becoming emotional about property. “When you’re emotional you don’t think as clearly,” they caution, “and you risk making costly mistakes.” On paper, this is a concept we can all agree with. But in practice, there … Read more