In these times it is great to be a seller.
This past weekend at opens and auctions numbers attending were very high and Agent price expectations were exceeded, in some cases by more than 10%.
A sign of the times. At the opens we attended in the East and South East there were as many as 25 groups of interested parties queuing to get in (busy in a 2 bedroom apartment).
We recommend buyers either plan to spend more or lower their expectations especially at auction. Even with private sales the selling prices are above Statement of Information indications.
One way to buy and hopefully at the a buyers budget, is to make an offer prior to auction. Often though an agent will use the offer and have a private auction to achieve the highest price for their vendor. Worth a try however.
“Buying at the right price is one thing but just as important is the satisfaction of success. In these times it is great to be a seller!”
Avoid the property pitfalls and TALK TO US TODAY by calling 0418 500 483 or emailing Brian.
The inner suburbs are the best for property investment.
Interesting to read of a sale near Scotch College, Hawthorn last weekend which was the highest recorded sale in Melbourne.
The property was purchased in 1985 for $377,000 and sold for over $8 million which bears out our theory that property prices in the inner suburbs double every 10 years. In this case, and then some!
Avoid the property pitfalls and TALK TO US TODAY by calling 0418 500 483 or emailing Brian.
