Making the decision to rent or sell your property is a big one. There is a lot to organise whichever avenue you decide to go down and it is easy to feel overwhelmed and even to be unsure of what exactly needs to be done.
Call in the experts
At this time, your load can be greatly reduced by enlisting the services of a professional real estate agent. The knowledge and experience they will have gained in the industry will be invaluable to assisting you in executing this project.
When it comes to renting or selling you will need your property to have the best exposure possible by way of advertising. While there is nothing to stop you from advertising a property yourself, you will not have the same access to all methods of real estate advertisement that a real estate does.
But there is more to consider before you even get to the stage of advertising and your real estate advisor will be able to assist in this area too, with some fantastic advice.
To renovate or not to renovate
If your property is in need of work it can be difficult to know if you should renovate or not when you decide to sell. There are buyers out there who are always looking for renovators to fix up themselves, and if you can do this then you will be saved some time to reach the end result of a sale.
You can check with your agent how well homes that need renovating sell in your area and make your decision from there. At the very least you might like to consider making small changes such as a fresh coat of paint on the walls or new carpets; usually the renovation work buyers like to do is on the kitchen or bathroom.
If your property is in need of work and your decision is to rent then this is a whole new ball game. It is a legal requirement that rental properties are in a liveable condition. Tenants have the right to live in safe homes with all appliances, et cetera, in a functional condition.
If you are unsure if your property is suitable for rent then an agent who is experienced in the laws of rentals will be able to expertly guide you on what needs to be done. If you would like to discuss selling or renting your home, please visit https://www.positionone.com.au/ to get in touch with the best agents available.