The Department of Commerce in Western Australia do not provide specific guidelines for home owners looking to sell their property privately. They do however provide some general guidelines for buying and selling property in Western Australia.
Any home owner is within their legal rights to offer their own property for sale, privately. However, sellers should proceed with caution when engaging assistance from a thrid party to represent them in the sale of the property as they must be licensed to do so. Please note, whilst Agent in a Box do not act as your sales representative, we are licensed in every state including Western Australia, where we hold a Real Estate and Business Agent Licence (Number: RA69179) with the Department of Commerce, Consumer Protection.
Common sense dictates that any home owner in Western Australia heading down the path of a private sale should seek the advice of a Settlement Agent or Solicitor regarding the preparation and overseeing of any contract obtained in regards to a sale. The Department of Commerce, Consumer Protection explain the process of contracts in a handy guide on selling property using the standard Sale by Offer and Acceptance method.
The Real Estate Institute of Western Australia (REIWA) also does not offer any specific information for Private Home Sellers, however they do have an FAQ page pertaining to Buying and Selling Property which can be found here. It is important to note that the individual, State by State, Real Estate ‘Institutes’ (e.g. REIWA) are industry-based bodies who support Real Estate brokers/agents in the areas of training, advice, dispute resolution, Government advocacy, compliance and general support. Laws involving the transaction of property (contractual obligations etc) are set down in individual State Statutes and Acts – enacted by the State Governments and enforced by each of the State Offices of Fair Trading, Dept. of Commerce or Consumer Affairs etc., not the Real Estate Institutes.
We encourage you to visit The Department of Commerce website for updated or additional information about selling your own home, or contact them directly:
Phone: 1300 30 40 54