STEPS TO SELLING A HOUSE

This guide steps you through the whole process of selling a property. It includes important advice about property appraisals, insights about real estate agents, marketing that helps attract best offers, signing sale and purchase agreements and when to get legal advice.

You can scroll to the home selling process flowchart below which centralises the most reputable Government and non-Government bodies' property information all in one place. It covers advice about property valuations, building inspections, real estate commission and much more.

The centralisation of this important multi-agency information will mean you are better prepared than most vendors, enabling you to achieve the best possible sale price.


If you are planning to sell a property or want advice first, call 0800 789 532, we're here to help and it's a free service.


 

FIVE SIMPLE STEPS THAT MAKE SELLING EASIER

There are only five steps, each comprising a small number of actions required on your part and each of these are linked to the best resources available in New Zealand.

Planning to sell your house here will put you at a much greater advantage and help achieve an optimum result and overall experience. 

The process of selling a house includes:

  • What preparation to do, how much commission fees will cost and how to reach a prime sale price (for any property type)
  • How to compare and choose the best real estate agent for your property type and location
  • Approving a marketing plan, sale and purchase agreements and real estate agent negotiations
  • Understand and signing all the legal documents required with legal advice
  • The process of buying your next house includes buying different property types and relevant industry resources for each

Importantly, understanding what you can negotiate prior to signing an agency agreement is included. For example, the duration of the agency agreement reverts to a 90-day period unless you specify otherwise.

Agency agreements are with the real estate agency and not an individual agent although the agent(s) who has appraised your property will conduct the process on the agency's behalf. We encourage obtaining 2-3 property appraisals from different companies so you can objectively compare them and choose the most suitably qualified real estate agent. 

You will need to be assured of appraisal accuracy so getting a property appraisal from a vetted, licensed real estate agent is the safest way to do this. Request a shortlist of vetted licensed agents in your area here.

If your property is zoned for development under the Auckland Unitary Plan for example, or is a lifestyle block, an apartment or a rental property, your questions will all vary.

Whatever type of property you have, we can advise and direct you to the right information or advice you'll need at the time you most need it. 


Use Live Chat for a quick answer to your questions now.


 

PROCESS OF SELLING A HOUSE FLOWCHART 

 


This flowchart quickly steps you through the whole process of selling a house.

Click on the image to view (best on desktop)


 

 

INSIGHTS ABOUT REAL ESTATE AGENTS AND AGREEMENTS

Finding A Real Estate Agent - Finding the right real estate agent can be like finding a needle in a haystack. We can help you with this very important part of the process (at no cost).

We specialise in vetting licensed, competent real estate agents who have proven to be right for your property type, value and location. 

Interviewing Property Agents - Find out more about interviewing estate agents using our Agent Questionnaire. It will help you to compare apples with apples and make properly informed decisions from the get-go.

Getting A Property Appraisal - The real estate agents will provide you with a property appraisal in writing. This is a legal requirement.

Compare Appraisal Valuations and Data Used - You can then compare the market appraisals that will include how they propose to achieve the best sale price for you, an explanation of the different methods of sale, what marketing they recommend for selling your house plus more. Take your time to consider these.

Signing an Agency Agreement - Once you have decided on a real estate agent, you can sign an Agency Agreement and the Commission Clause. The agreement is with the company, not the individual real estate agent. Check the commission fees and the term of contract. Both are negotiable. 


If you need help to find a real estate agent you can trust, request a shortlist of vetted agents here.



THE PROCESS OF MARKETING A PROPERTY 

Marketing and Advertising - Your real estate agent will provide you with an itemised marketing and digital advertising plan and all the costs associated with this. Any subsequent amendments to this should be agreed and signed by you. The process of marketing a property

Photography - Once your property is ready to show buyers, the agent will organise a professional photographer for you. These images are what will attract potential buyers to come and view the property.

Website Content - Your real estate agent will enter the property details, features and benefits of your house into each website agreed in your marketing plan. They must enter a sale price range into these websites so be clear about what this is at the outset.

Open Homes or Private Viewings - Discuss your preference with your chosen agent. These will largely be dependent on the Covid traffic light system.

Communication with your real estate agent - All property agents should provide you with regular updates and/or reports regarding inquiries received and what actions they will be taking, especially after viewings.


If you choose no price marketing such as auction or tender, ask your agent whether they will disclose any price guide to buyers or not. How will they handle questions about prices from buyers? 



HOUSE SOLD AND MOVING ON

Getting a Sale - Your real estate agent will present buyers' offers to you on a Sale and Purchase Agreement. It is advisable to ask your lawyer to check it prior to signing.

Get Moving - Changing your address for all your utilities like phone, power, gas and any other Government services like Inland Revenue is now very streamlined and online. When you're ready, we can send you the link. It's very easy.

Buying Your Next Property - If you are buying another property, we can provide you with a guide and checklist. These are designed to protect you.


Get In Touch for advice or call 0800 789 532 anytime.


Page Updated May 5, 2022 by Trish Willis | Member of Property Institute of NZ (IPAC) 

Agent Finder NZ (2009) Awards:

  • Best Property Advice Hub 2021 
  • Best Estate Agent Vetting Service - New Zealand 2018
Make Enquiry › Related Entries Posted in:  real estate contract commission fees free real estate service 

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