Savills Australia Sellers Guide

Foreign Investment Review Board (FIRB) At Savills, our expertise extends to assisting with FIRB’s policies, regulations, and fees, particularly concerning foreign investment in Australian real estate. Our team comprehensively guides sellers through the nuances of FIRB compliance when dealing with foreign buyers. We ensure a seamless process, offering insights into property tax implications, facilitating financing, and navigating the entire application process. Financial Considerations Selling property comes with expenses, including payments to professionals like solicitors and surveyors. These professionals charge for their services based on the complexity of reports and tasks, such as Land Registry registration. Effective marketing is crucial for reaching the right audience, incurring additional costs for advertising. It’s also important to comprehend tax implications like Capital Gains Tax (CGT) upon disposal. At Savills, we guide our clients through these financial considerations, ensuring clarity and informed decision-making during the transaction process. Compliance Commercial buildings must adhere to national laws and regulations covering various aspects like accessibility, noise or fire safety measures. Site and Property Inspections We oversee property inspections for sellers, ensuring a consistent flow of potential buyers. Our proactive approach employs diverse strategies to attract interested parties. For out- of-state buyers, we utilise innovative methods like virtual guided tours, enabling remote property exploration. We ensure convenient and engaging property viewing experiences for both local and remote buyers, offering comprehensive property insights. Obligation and Settlement We assist sellers and buyers in fulfilling their specific obligations during the property selling process. This includes managing disclosures, overseeing inspections, ensuring clarity in contract terms, and maintaining adherence to agreed-upon timelines. We specialize in meticulously guiding the settlement phase, overseeing legal and financial formalities to ensure that all contractual conditions are met for a successful property transfer. Due Diligence We expertly lead property sellers through due diligence, conducting thorough assessments and evaluations. Our expert team scrutinises property records, conduct inspections, and analyses legal and financial documentation. We provide sellers with a comprehensive understanding of their property’s status, potential risks, and opportunities. Negotiation and Offers We specialise in facilitating effective negotiation strategies for our clients, supporting both parties in aligning terms with their specific needs. Our aim is to achieve mutually satisfying agreements by encouraging clear articulation of proposed terms, conditions, and pricing from both the seller and the buyer. At Savills, we know that navigating property sales involves numerous considerations. Property sales encompass multifaceted complexities that need attention to critical details. Leveraging our 180 years of experience, we continuously refine our methods, illuminating and simplifying these key areas. Our goal is to ensure you experience the transparent and professional service from appointment to settlment. Tailored Services Savills Sellers Guide | 11