Private sale real estate, homes for sale by owner (FSBO) in Australia

Why sell your own home?

5 real estate myths
A real estate agent values my property		An estate agent will get me a higher price
Real estate agents claim that they can’t be held to the value they give your property, as it is an estimate. A qualified professional valuer is legally accountable for the price they quote you. Use a professional to value your property		Using an agent can actually reduce the value of your property. There is evidence that private sellers achieve higher prices than vendors using real estate agents. Our guide to selling helps you to negotiate the best price for your property.

The real estate agent’s fees are justified by their professional qualifications		A real estate agent takes care of the legal side of selling my property
Virtually any one can become a real estate sales person. The qualification can be gained after a 40-50 hour course at an institution similar to TAFE (depending on which state you study in). Calculated on an hourly rate, agents’ fees are far higher than lawyers or accountants who undertake years of professional study.		Real estate agents have no legal qualifications. Whether you sell privately or through an agent you will need a legal professional to carry out the conveyancing for you. If you feel comfortable with your legal knowledge you can do the conveyancing yourself.

A real estate agent provides security by vetting buyers
Although agents claim that they vet buyers this often isn’t the case. Open house inspections are also very risky, as it is difficult for the agent to monitor large groups of people. Our guide to selling tells you how to vet buyers and show your property safely.

I want to sell my own home ... sign me up!

5 real estate myths