According to data from SQM Research, Sydney had 22 per cent more homes for sale in January 2019 than it did in the same month last year, while in Melbourne there were 42 per cent more listings and in Brisbane 8 per cent more homes on the market.
These figures mean there’s a lot more choice for buyers yet more competition for vendors in a falling market. Our listings in Surry Hills spent an average of 33 days on the market in Q4 2018 which is above average according to a recent Domain report.
See our Recent Sales
Here are five reasons why our properties are selling faster.
Realistic and Honest Market Appraisal It's critical to give a realistic and responsible appraisal on day one. We tell our vendors that they will sell the property for what it's worth in the current market based on most recent comparables and our extensive local knowledge. Real Time Comparables In a flat or falling market, real-time comparables are essential. We use the last three to five relevant sales in the building/area when determining a price guide and are always updating our sales data. Ongoing Communication Once a campaign kicks off, we always keep vendor inform every step of the way - the open time and results, positive and negative feedback, updates on the sales data etc. Presentation Matters In the age of the internet, impeccable presentation is what gets people through the door. We help our vendor to prepare the property at its best before the marketing campaign, whether be painting, carpet cleaning or home styling. Qualifying Buyers In a flat market where there are more properties available however fewer buyers, we know what to ask to qualify the potential buyers.
Speed means buzz, competition, and ultimately, a higher price for your property.
So don’t let your place gather dust.
Call us today and see your property sell faster.