What Actually Happens After You Reach Konsensus?

Congratulations — your building has reached 75% agreement to sell!

That's a major milestone — but it's just the beginning of a clear, structured process designed to turn opportunity into action.

If you're wondering what happens next, here's a simple, step-by-step guide to how Konsensus supports you all the way through — with full transparency, legal protection, and owner-first advocacy at every stage.

Step 1: Proposal Documentation and Independent Valuation

Once 75% support (by unit entitlement) is secured, Konsensus works with independent experts to prepare a Strata Renewal Proposal. This includes:

The proposed sale price range
How the sale proceeds will be distributed
Settlement timelines
Terms and conditions for all owners

An independent, certified valuer (not a real estate agent) is engaged to assess the site's current value — and its redevelopment potential. This protects owners by ensuring an unbiased, transparent valuation.

Step 2: Developer Offers and Site Marketing

With a formal valuation in hand, Konsensus facilitates developer interest. Depending on the building and strategy, we may:

Approach developers directly
Or partner with a trusted real estate agent to maximise competition among buyers

Important: Even when an agent is involved, Konsensus remains your trusted conduit — vetting offers, negotiating terms, and protecting your interests first. Developer offers typically outline:

Price per unit
Settlement timeframe (usually 6–12 months)
Any conditions (like development approval or finance milestones)

We help you compare offers based on certainty, fairness, and value — not just headline numbers.

Step 3: Approval and Legal Review

Once a preferred offer is selected, Konsensus works with strata lawyers to finalise the formal Strata Renewal Proposal. It must be approved by:

75% of lot owners by unit entitlement (already achieved)
The NSW Land and Environment Court (if not 100% of owners agree)

The Court ensures the sale is:

Fair and reasonable to all owners
Based on independent valuations
Following a transparent and lawful process

This legal step protects all owners — including minority dissenters.

Step 4: Contract Execution

With Court approval (if needed), contracts are signed between:

Each individual owner (or their legal representative)
The developer
The owners' corporation (the strata)

Settlement periods are typically generous — around 6 to 12 months — giving owners time to relocate or plan their next move comfortably. Developers may also offer relocation support packages — Konsensus helps ensure any additional terms are clear and in your favour.

Step 5: Settlement and Payout

When settlement occurs:

Sale proceeds are distributed based on each owner's unit entitlement (or agreed formula)
Mortgages are discharged (if applicable)
The strata plan is terminated
Ownership transfers to the developer

Most owners walk away with 20–35% more than they would have received from selling individually — and without the need for multiple listings, open inspections, or agent commissions on separate sales.

FAQs About the Post-Konsensus Stage

What happens if I change my mind after 75% agree?

You can still raise objections through the Court review. The deal will only proceed if the Court agrees it's fair and reasonable.

How is my share calculated?

Usually based on unit entitlement — the size and relative value of your lot as registered in the strata plan.

Will I have to move out straight away?

No — settlements typically allow 6–12 months, giving you time to move on your terms.

Will I pay tax on the payout?

Possibly. Capital Gains Tax (CGT) may apply depending on whether it was your principal place of residence or an investment. Always consult a tax professional.

The Konsensus Advantage

Konsensus is not a real estate agent — We exist purely to advocate for owners.

Where it benefits the group, we may partner with trusted agents to help market the site and attract multiple offers — but we always stay alongside you, guiding and protecting you through the entire process.

You'll never be left guessing:

We lead education, legal coordination, and valuations
We help compare and negotiate offers
We keep every owner informed and supported

At every step, Konsensus exists to ensure your interests come first — not the developer's, not the agent's. Yours.

Final Word

Reaching Konsensus isn't the finish line — it's the launchpad. With the right team behind you, the next steps — from valuation to settlement — are structured, legally safeguarded, and owner-first.

And the payoff? A significant uplift on your property's value, with less stress, more support, and a clear plan.

Your building holds incredible potential. Let's unlock it — together.