Properties located in the high growth suburbs of Mayfield, Jesmond, Cardiff and Waratah in the Newcastle region of NSW have become highly sought after, due to close proximity to the city, main roads and key amenities, such as hospitals and schools.
Last year, many homes in these suburbs sold for between $20,000 and $30,000 over the reserve price, however changes to lending criteria at the major banks and many finance lenders has put downward pressure on prices.
Homeowners who still want to sell now, while demand for property is hot, may choose to forgo a sales agent and use a DIY sales platform, like Purplebricks or BuyMyPlace instead [Save Thousands with DIY Sales Platforms].
Homes located in popular suburbs, like Jesmond, Mayfield, Cardiff and Waratah, are easier to sell on a DIY service than in areas where clearance rates are lower and the average days on market rates are higher.
Depending on the DIY service you choose, you can also arrange to sell your home by auction, have access to proprietary software that lets you easily communicate with buyers, inexpensive conveyancing services, and even finance to help with the sales process.
Another option for DIY sellers is to make contact with a buyer’s agent who may have a database of buyers looking for a property like yours. While, as the name suggests, they work on behalf of the buyer, they can still help you sell your home quickly if their clients’ criteria.
You may wish you try this route before using a DIY service or in tandem with it (more interest in your home ensures the best price, after all).
If you’re thinking of selling, get an ezyAppraisal and find out how cheap it can be to sell your property yourself or get a low quote from an experienced agent who can sell your property on your behalf.
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