Buying and selling assets

Over two decades ago I learnt about buying and selling items at school.  I knew some point in my life as an adult I will experience buying and selling a car and/or a house.  But this year it seems it was both the car and a house.  My new car is now 9 months old and going very well still. 

On the other hand selling the house is abit more of a challenge.  We first purchased this house privately from a relative 11 years and now we decide to sell for personal reasons.  It's our first time to sell a house.  We are going through a real estate agent. And what a headache is!  The hardest part is to always keep the house respectable for protential buyers. 

In September we had the house on the market. In the first week it was supposely been sold to a young couple.  But afte the building inspection was completed, this couple had a change of heart in buying. It shattered my dreams as I had planned to move by now. Afterwards we had another person interested in buying but they had issues of getting finance.

After the building inspection was done we had to make some changes.  Also the market value was reduced as some people thought the price tag was abit too high for this general area of buying.

Sometimes I can't make plans to do things as I never know when the real estate agent will phone to say a protential buyer is coming over.  This week alone we had four protentials. Might have found a buyer as they are interested in our house.  We should know by Monday if we got lucky with this sale.

Here's a fact sheet to share for anyone who plans on buying their house for the first time.    http://www.commerce.wa.gov.au/consumerprotection/PDF/Real_Estate_industry/Publications/Industry_Publication/Buying_home_through_agent_2011_WEB.pdf