Frequently Asked Questions

In Mandurah, the average real estate agent commission rate is 2.89% (according to Agent Select). As Mandurah Agents are a 100% local Agency and not part of a franchise, we are able to charge Local Rates without compromising service or results, proof of this is in our consistant 5 star review rating.

The upfront costs associated with selling a property is normally a Marketing Contribution. This can range from $1500 to $3000+ depending on the property type and location. In some cases, this contribution can be paid at settlement. Property Marketing is a very important part of the sales process. At Mandurah Agents, we use only the best to showcase your property online so we can get as many buyers as possible through the door. Mandurah Agents market properties locally, nationally and internationally using all platforms. Your agent will discuss the best marketing strategy for your home at the appraisal meeting.

A listing price and go to market strategy are derived from many factors, the main ones being

1. A detailed comparative analysis of recent sales of properties similar to yours and why are they selling for those prices.

2. Properties currently for sale similar to yours, what prices they went to market at, how long they have been on the market if unsold and those that are under offer, how long did it take to go under offer.

3. Your properties features and potential presentation at time of going to market.

4. Your agent's knowledge of what buyers are looking for in a home and advise on how we can maximise your sale price.

Your agent will go through all of this and more at the time of your free appraisal.

The expected timeline to sell a property in Mandurah will depend on the market at the time. Usually, no more than 3 months is required to prepare, go to market, go under offer and settle. In a hot sellers market, this period can be as little as 2 months from start to settle and even shorter if the offer is cash and not subject to finance. Unique and highend properties might take longer.

Communication from your real estate agent is key to a successful and profitable sale. Your agent should be in contact with you daily in a heated market and at least twice a week in a slower market. At Mandurah Agents, we provide weekly reports on how many people viewed your property online, home open turnout and feedback from potential buyers and those buyers that have requested offer questionair forms which typically indicate solid buyer interest.

Selling strategies will vary depending on the property type and price point. In most cases a normal private treaty sales strategy is used where a go to market price is agreed upon by both the seller and the agent. In a hot seller's market, this price is never capped, ie:- your agent might use the "Offers over $???????" price tag and negotiate with all potential buyers to come in at their best price if they wish to secure your home. Your agent will discuss the best strategy for your home with you at the appraisal meeting.

After an offer is accepted, we cannot pop the champaign just yet, but, we do have a binding legal contract between the seller and the buyer. If the contract is subject to finance, there will be a time period to accomodate this, normally 28 days from the date of the offer. If the offer is a cash offer, then settlement will occure as per the seller and buyers agreed date and can be as quick as 21 days from the date of the offer.

Depending on the contract conditions, normally a building and termite inspection is done at the cost to the buyer during this under offer period.

The only time we are allowed to pop the champaign is on settlement day.