We’ve had extremely strong buyer interest the past few weeks after the drop in interest rates and changes to serviceability.
We were able to sell 49 Hale Rd Mosman in just three days for a street record of $2,700,000. We had one off-market inspection with 6 buyers, 3 contracts issued and multiple offers made.
How did we achieve this off-market sale?
Buyer demand is higher than it has been in months but stock levels are still 30-40% lower than they were a year ago. This means we’ve got multiple buyers vying for the same properties. By listing your property off-market as we did with 49 Hale rd, you can often receive a great result quicker than you expected.
Anthony and I work closely with a lot of buyers, so often we’ll have a buyer lined up for your property before it’s even listed.
By bringing buyers through off-market you can also get a good indication of what the property might be worth. Pricing strategy can make or break a sale, so by listing off-market first you have a better chance of nailing this before you come to market.
You’ll get buyer feedback. Not only will you get price feedback, you’ll also get feedback on what buyers may not like about your property. We’ve been able to make quick cosmetic changes to properties by getting off-market feedback and increase their sale price easily.
You can save on the cost of selling, if you receive strong interest off-market you don’t need to go into a full campaign which can save thousands of dollars in marketing and auction costs.