Selling a farm property in South Australian, tips ?
Dec 10th 2005, 8:12 am
#1
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Thread Starter
Joined: Aug 2003
Location: Goolwa, near Adelaide
Posts: 389
Selling a farm property in South Australian, tips ?
G'day all,
We've decided to sell my wife's farm property in the Adelaide Hills (75 acres in Paris Creek/Macclesfield area).
One agent paid a visit, gave an evaluation based on other similar properties in the area. He quoted a price of 3.5% + advertising. For a property worth ~$450k, that's $15,750 + advertising costs.
To me that seems excessive - they'd do the same amount of work for half the price if the property was worth half that much. Can't see the justification in the fee. I'll try to negotiate a better deal, but in the meantime does anyone here have any suggestions for selling in South Aus ?
ta.
We've decided to sell my wife's farm property in the Adelaide Hills (75 acres in Paris Creek/Macclesfield area).
One agent paid a visit, gave an evaluation based on other similar properties in the area. He quoted a price of 3.5% + advertising. For a property worth ~$450k, that's $15,750 + advertising costs.
To me that seems excessive - they'd do the same amount of work for half the price if the property was worth half that much. Can't see the justification in the fee. I'll try to negotiate a better deal, but in the meantime does anyone here have any suggestions for selling in South Aus ?
ta.
Dec 10th 2005, 8:25 am
#2
Rocket Scientist
Joined: Aug 2003
Location: Dreamland AKA Brisbane which is a different country to the UK
Posts: 6,911
Re: Selling a farm property in South Australian, tips ?
Hiya WP, LTNS 
, cant help with the selling part, but congrats on the marriage mate, didnt know that had happened 
.
, cant help with the selling part, but congrats on the marriage mate, didnt know that had happened .
Dec 10th 2005, 8:30 am
#3
Member of Mumo-land
Joined: Oct 2003
Location: DownUnder
Posts: 771
Re: Selling a farm property in South Australian, tips ?
Originally Posted by welshpom
G'day all,
We've decided to sell my wife's farm property in the Adelaide Hills (75 acres in Paris Creek/Macclesfield area).
One agent paid a visit, gave an evaluation based on other similar properties in the area. He quoted a price of 3.5% + advertising. For a property worth ~$450k, that's $15,750 + advertising costs.
To me that seems excessive - they'd do the same amount of work for half the price if the property was worth half that much. Can't see the justification in the fee. I'll try to negotiate a better deal, but in the meantime does anyone here have any suggestions for selling in South Aus ?
ta.
We've decided to sell my wife's farm property in the Adelaide Hills (75 acres in Paris Creek/Macclesfield area).
One agent paid a visit, gave an evaluation based on other similar properties in the area. He quoted a price of 3.5% + advertising. For a property worth ~$450k, that's $15,750 + advertising costs.
To me that seems excessive - they'd do the same amount of work for half the price if the property was worth half that much. Can't see the justification in the fee. I'll try to negotiate a better deal, but in the meantime does anyone here have any suggestions for selling in South Aus ?
ta.
Dec 10th 2005, 8:38 am
#4
Can't re member
Thread Starter
Joined: Aug 2003
Location: Goolwa, near Adelaide
Posts: 389
Re: Selling a farm property in South Australian, tips ?
Originally Posted by MrsDagboy
Hiya WP, LTNS , cant help with the selling part, but congrats on the marriage mate, didnt know that had happened .
, cant help with the selling part, but congrats on the marriage mate, didnt know that had happened .I still read and post here occasionally.
There's also a Welshpom Junior on the way. ETA May 2006. :scared:
Dec 10th 2005, 8:42 am
#5
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Thread Starter
Joined: Aug 2003
Location: Goolwa, near Adelaide
Posts: 389
Re: Selling a farm property in South Australian, tips ?
Originally Posted by mumomonty
Private sale to someone on this forum?
http://www.hartill.net/Farm/
We'll throw in some cows if anyone is interested
- we slaughtered two yearlings this month. Mmmm, tasty.
Dec 10th 2005, 8:49 am
#6
Member of Mumo-land
Joined: Oct 2003
Location: DownUnder
Posts: 771
Re: Selling a farm property in South Australian, tips ?
Originally Posted by welshpom
That'd be nice, but it's a house-less property, so won't appeal to many new arrivals.
http://www.hartill.net/Farm/
We'll throw in some cows if anyone is interested - we slaughtered two yearlings this month. Mmmm, tasty.
http://www.hartill.net/Farm/
We'll throw in some cows if anyone is interested
- we slaughtered two yearlings this month. Mmmm, tasty.
Dec 10th 2005, 9:00 am
#7
Can't re member
Thread Starter
Joined: Aug 2003
Location: Goolwa, near Adelaide
Posts: 389
Re: Selling a farm property in South Australian, tips ?
Originally Posted by mumomonty
Wow wish I had the money. How droughtproof is it?
The average rainfall there is in the 700mm range, so two big rainwater tanks off a house would survive a dry spell for a family.
Dec 10th 2005, 12:23 pm
#8
Rocket Scientist
Joined: Aug 2003
Location: Dreamland AKA Brisbane which is a different country to the UK
Posts: 6,911
Re: Selling a farm property in South Australian, tips ?
Originally Posted by welshpom
Thanks MrsDagboy.
I still read and post here occasionally.
There's also a Welshpom Junior on the way. ETA May 2006. :scared:
I still read and post here occasionally.
There's also a Welshpom Junior on the way. ETA May 2006. :scared:
.
