If I want to sell my property in Australia in the future, what are the procedures?

Second-hand housing in Australia has the following characteristics:

Permanent property rights;

No inheritance tax;

Do not repay the loan before handing over the house;

Freedom of buying and selling;

Part of the income tax can be deducted.

With the influx of wealthy new immigrants (especially China residents who love to buy houses), Australian property prices have increased at a double-digit rate every year in recent years. Taking Melbourne as an example, the average annual price of 13 rose from 600K to 670K, with an increase of more than 10%, and the turnover of 20 14 years increased by 13% compared with 20 13 years.

At present, foreigners are forbidden to buy second-hand houses in Australia, and people with temporary residency need to apply for evaluation before they can buy them. Even if they have bought them, they must sell them when their visas expire. . . But we can still buy a new house ~

Second-hand housing transactions in Australia are all done through brokers, and the agency fee is paid by the seller, usually 1.5 to 2 points, so the broker will try his best to get the best selling price for the seller. Buyers do not bear the agency fee, which is very different from the current situation in China.

After each house is sold, there is usually an opening time, which will be set at a certain time. You can see the house within the set time without wasting time on the other party. This is worth learning from domestic intermediaries.

Shengtong Overseas has learned that it is more interesting that there are two intermediary matching models in Australia:

The first one is similar to that in China. After the buyer has seen the house, the intermediary will interview the interested buyer. If the buyer has the intention to buy, he will give an offer and pay a small amount of intention money. The intermediary negotiates with the seller at the highest price received, and if the seller agrees, it is reached. If no deal is reached, all the intention money will be returned to the buyer. The buyer has a five-day cooling-off period after signing the contract. During the cooling-off period, the buyer can break the contract without compensation. After the cooling-off period, the buyer needs to pay the seller a fine of 0.25% of the transaction price.

The second is the auction mode. The intermediary will invite interested buyers to participate in the bidding at the door of the target property at a specific time. The whole auction process will be presided over by a special auctioneer who will create a tense atmosphere and strive for the best price. After the auction, the seller decides whether to close the transaction at the highest auction price. If the seller doesn't agree to the deal, find another time to auction. After the auction is completed, the buyer has no cooling-off period.

Sellers seem to prefer the second mode. Basically, each intermediary company will only support one of the two modes. In the second mode, some brokers also have auctioneer licenses, earning two dollars at a time.