Selling Methods for Owners Thinking of Selling His/Her Real Estate


Method 1: Selling of Real Estate as Individual Owners


Process 1: Register as an owner on Oztown and register the real estate property.
Process 2: List your property on Oztown. A direct chat request will be sent to you when a buyer is interested in your property to start a conversation with them. It is possible to approach potential buyers from European and Asia, which most other websites cannot offer. (If you need suppprt communicating with buyers, please contact us as we offer a separate advisory service)
Process 3: If a potential buyer is found and there is a mutual agreement between buyer and seller to contact one another, the matching is over.
Process 4: The usual methods for signing a contract are:
(1) Done between the people concerned. In most of the cases it is done at the present state of the property. This method is usual among people who trust each other, such as family members, like parents and children.
(2) Done through lawyers or judicial scriveners.

Method 2: Signing a General Intermediary Agreement with a Real Estate Firm


Signing of Intermediation Contract

On Oztown, after the owner registers, they can request a real estate agent through our owner management screen. In addition, it is possible to enter into an intermediation contract with Societe Ideal, the management company of OzTown. In that case, click on "To those who wish to make an intermediary contract" in the footer. A fixed fee is applicable for the service. Please consider using it.



Fulfillment of Contract Obligation


After the contract is completed, we will help you with necessary procedures such as repayment of the outstanding balance of debt, the mortgage settlement, and the fare adjustment of public utility charges for the transfer to the buyer. Especially in the case of a replacement purchase, there might be necessities of putting the proceeds of sale into the purchase of the new property and adjusting the move in schedule of the new residence.


Settlement of Balance and Transfer of Property


During the period of the settlement of the balance, you will receive the proceeds of the sale from the buyer and apply for a transfer of ownership with the aid of the judicial scrivener. In the case there is a debt balance when repaying the loan with the sale proceeds, please make the mortgage settlement at the same time. After the receipt of the balance and the completion of registration, you hand over the keys to complete the transfer of the property. As the handing over has to be done in accordance with the contents of contract including the incidental facilities, it's important to check the property situation beforehand. After sale of the property, you will need to do the proper tax processing like filing an income tax return, etc.


Types of Intermediation


There are three types of intermediary agreements for the selling of real estate as follows:


Exclusive/Full-time Intermediary Agreement
*The Client cannot conclude any sales agreements with other real estate firms.
*The Client cannot conclude any sales agreements with purchasing candidates found by the clients themselves.
*Our corporation must report all sales activities to the client once a week.
*Registration has to be made to the Real Estate Information Network System within five days.

Exclusive full time intermediary agreement model


Full-time Intermediary Agreement
*The client cannot conclude any sales agreements with other real estate firms.
*The client may conclude sales agreements with purchasing candidates found by the clients themselves.
*Our corporation has to report the sales activities to the client every other week.
*Registration has to be made to the Real Estate Information Network System within seven days.

Full time intermediary agreement model


General Intermediary Agreement
*The client may conclude sales agreements with other real estate firms.
*The client may conclude sales agreements with purchasing candidates found by the clients themselves.

A general intermediary agreement model