Selling a property in New South Wales - Sydney Conveyancing

Property Sale Conveyancing in New South Wales

SELLING PROPERTY AT AUCTION

IMPORTANT FACTS & TO-DOs

  • There will be no cooling off period for the potential bidders.

  • Bidders or interested purchasers will want to complete their due diligence before attending auction.

  • Bidder's due diligence often includes property inspections, finance approval, contract review & amendments before attending auction.

  • We suggest that you be prepared in advance for this phase whereby we (you as the seller & us as your Conveyancers) encourage all potential purchasers and/or bidders by promptly assisting them get ready for auction. This could mean keeping your property available for inspections, evaluations if required.

  • We liaise with buyer's Conveyancers & answer their queries promptly. Your approval of the potential changes to contract & other queries that the potential purchasers might have is essential. We thus suggest that you keep yourself available so all purchaser queries are responded to before auction.

  • We strongly suggest that you get thorough professional advice prior to selling property at auction. Timely and professional advice from Sydney Conveyancing can assist you with making the most of selling your property at auction.

Selling your property via Estate Agent

MUST KNOW FACTS & TO-DOs

  • Finding a good real estate agent is key to the property of your property sale.

  • Our process guides us through working closely with your Estate Agent to get the contract ready ASAP so the Estate Agent can start marketing the property. NSW Law requires that a contract of sale must be ready & be provided to potential purchasers.

  • Potential purchasers will want to complete their due diligence often includes property inspections, finance approval, contract review & amendments before attending the cooling off period ends. Some will even want to complete property inspections & negotiations of the contract prior to signing the contract. 

  • We thus suggest that you be prepared in advance for this phase whereby we (you as the seller & us as your Conveyancers) encourage all potential purchasers by promptly assisting them get ready to sign the contract and complete their due diligence within the cooling off period. This could mean keeping your property available for property evaluations &  building / pest / strata (for strata properties) inspections.

  • We thus suggest that you keep yourself available so all purchaser queries are responded to before the cooling off period ends and in many cases before the purchaser enters the contract. We liaise with buyer's Conveyancers & their queries promptly. Your approval of the potential changes to contract & other queries that the potential purchasers might have is essential. 

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