A guide to reselling your home at Lifestyle Communities®

As a Lifestyle Communities® homeowner, when you’re ready to sell your home, you can choose to either engage an external real estate agent or utilise our experienced Lifestyle Communities® Sales team. It’s your choice.  

The process is straight forward and easy to navigate regardless of which option you choose.

Home sales process

• Getting started: If you choose to engage our Lifestyle Communities® team, simply speak to your Community Manager or Sales Consultant and let them know your plans.
• Sales Consultant inspection: You’ll then get a call from a Sales Consultants who will organise a time to inspect your home. This allows your consultant to familiarise themselves with your house and go away to prepare a presentation, along with a marketing and pricing strategy that will help to achieve the best possible outcome for you.
• Review prepared marketing & pricing strategy: Sales Consultant will meet with you again to share what they have prepared.
• Your listing is now live: Upon agreeing to sell your home, the Sales Consultant and Marketing team will work together to create a listing of your home for our website and others such as realestate.com.au.  
• Contacting the waitlist: Once live on the website, your Sales Consultant will contact our waitlist of buyers that have expressed interest in living in your community. We will also post the listing to the Community Noticeboard in the Clubhouse for other homeowners and visitors to see.
• Home signage: A ‘For Sale’ sign will be added to the front of your home to let passersby know that your home is on the market.
• Organising home tours: When prospective buyers have expressed interest, your Sales Consultant will work with you to organise the best time to show them through your home. They will then work towards establishing an offer for you and/or your family.
• Negotiating an offer: Once an offer is negotiated and confirmed with you, the Lifestyle Communities® team will help transition the new homeowners through to settlement.

Your Most Asked Questions

How is the Deferred Management Fee calculated?

To help keep your home price as low as possible, some of the costs associated with living in a Lifestyle Communities can be deferred and paid when you leave the community. This is know as the Deferred Management Fee (DMF).  

The DMF is calculated based on your home’s purchase price. You’ll page 4% of the purchase price for each year you’ve lived in the community, capped at a maximum of 20% after five years.  

No matter how long you stay, you’ll never pay more than 20% of the purchase price. This gives you certainty and allows you to retain any capital growth.  

What are the costs of selling my home through Lifestyle Communities®?

There is a selling commission fee of 2.5% of the sale price payable to Lifestyle Communities® if we sell your home for you. You can choose a real estate agent to sell your home, in which case you negotiate a separate selling commission with the real estate agent. This means you won't pay the 2% sales commission to Lifestyle Communities® if you choose an external agent.

There is an administration fee $1,000 payable to Lifestyle Communities® for us to prepare the paperwork and administer the sale of your home and act in the capacity of a conveyancer for the sale of your home.

How does this compare to selling it through a private agent?

An external real estate agent would normally charge in the range of 2-3% and charge anywhere from $1,000-$3,000 in marketing expenses.

If you’re thinking about buying or selling your home, call 1300 50 55 60 to have a chat with one of our Sales Consultants who can discuss the process in more detail and provide some helpful guidance and support.