What are your options if your property doesn't sell?

Many property owners across the country are being forced to sell up in response to crippling mortgage repayments.'

According to Andy Dunn, founder and CEO of Wavie, property owners think that once they engage a real estate agent and pay for all the marketing and staging that their property will automatically sell. Unfortunately, many people are finding that their property doesn't sell. They get offers but they are so low the left over money won't cover the exorbitant agency selling fees.

"Property owners need to understand that the market has changed and so has the real estate sector. Using a traditional real estate agent to sell your property is no longer a requirement, it is an option," Dunn said.

"There are now other ways to sell your home. You don't have to keep persevering with real estate agents. You can do a lot of the heavy lifting yourself and thanks to new digital tools, the lifting is no longer that heavy. It is now a very easy process to manage the sale of your own property and it costs a heck of a lot less too. If you have already invested in photos, why not use these as well."

Wavie, Australia's newest real estate platform, has launched and it is being heralded as a game-changing service that will completely revolutionise the property sales sector in Australia.

Founded by a team of industry leaders including Andy Dunn, a respected property expert, and Josh Luschwitz, a profile and highly respected Sydney based third generation real estate agent, Wavie enables people to put their property on the market and get the sale done without the need for an agent, thereby saving thousands on commissions and fees.

According to Andy Dunn, just think UBER for real estate and WAVE goodbye to agents' fees.

"Wavie is a user-friendly platform that enables homeowners to sell their property using our easy and convenient tools, support and assistance," Dunn said.

Dunn outlines the options available to property owners who have failed to sell their property.

Find another agent

"Use another real estate agent and start the whole sales process again.   While some people do opt to go down this road, the reality is that this does not solve the issue of the high real estate agency commission fee," Dunn said.

Social media platforms

"Turn to social media as a cheap and direct selling tool.  Social media sites have become places for the sale of all types of items including property," Dunn said.

"Unfortunately they are also home to many scammers who prey on the vulnerability and naivity of people who are desperate to sell their items.  Scammers are becoming more sophisticated and often will settle in for a long-term play to gain an individual's trust.

"While this is an option for people I do not advise going down this road.  Sellers not only have to deal with potential scammers, but also have to manage the entire process on their own including  negotiations and conveyancing, which can be problematic and costly."

Self-it-yourself websites

"These types of websites offer a broad range of services including links and referrals to service providers such as people who undertake open homes, develop listings and provide legal services, amongst other things," Dunn said.

"Many of these sites are simply referrers who receive a kick back from service providers."

Full service low fee uber style Wavie platform

"Wavie is a self-service real estate platform that provides all of the services and support you need to sell your property with ease," Dunn said.

"Wavie creates the marketing materials, assists with pricing, lists the property on sale sites such as RealEstate.com.au, helps you undertake open homes, enables a seamless negotiation process and provides conveyancing services.

"In addition, Wavie also offers a range of other services to assist in the sale process.  Property owners can use as little or as much as the services they like which enables them to minimise fees doing some of the work themselves.  Wavie uses AI and machine learning logic to facilitate and manage the sale process."

Advantage of selling yourself

"One of the primary advantages of selling a home yourself is the potential to save on real estate agent commissions.  By eliminating the need for a listing agent, homeowners can potentially keep more of the proceeds from the sale," Dunn said.

"Selling your own property also gives you full control over the sales process which is appealing for a lot of people who want to be actively involved in the sale."

"While selling a home yourself offers many benefits, it is essential to consider the potential challenges and complexities involved, including legal requirements, marketing strategies, pricing accuracy, negotiation skills, and the time and effort required to manage the sales process effectively. Homeowners should weigh these factors carefully and consider seeking professional guidance or assistance if needed to ensure a successful sale.

"The market will always need full service real estate agents, but there is now demand for an uberised real estate selling service that empowers property owners to do some of the work themselves."

About Wavie

Wavie is a new real estate platform that provides property owners with the tools, support and assistance to sell their property themselves for a fraction of the cost of engaging a real estate agent.    It utilises new technology such as AI to enable people to list their property and complete the sale transaction without engaging a real estate agent. By doing so, Wavie is helping customers to save money on agency fees and commissions.

Customers can utilise additional services on demand based on their needs and preferences.

www.wavie.com.au

ENDS