Thursday, October 26, 2017

Buyers and sellers… it’s not too late!

With November only a few days away and just eight weekends left until Christmas, many buyers are feeling the race is on for them to find and secure a property before this deadline. We find at this point in the year, many buyers get tired of missing out and are desperate to find a property so that they can be organised to start the new year in a new home.

While for those thinking of selling, some people believe they may be cutting it fine to put their home on the market now, with Christmas party distractions, and the festive season creeping in earlier and earlier each year, we can see how it may feel like that... however, our statistics actually prove the opposite.

We are finding each week the number of buyers subscribing to hear about our properties are increasing - last week our buyer bank grew 
by 60 people and the trend is following through 
to open inspections.

The buyer numbers through our weekend inspections are increasing substantially too. 
Two weeks ago buyer numbers were up 128 groups from 715 the week before, and then 
last weekend they were up again with a total 
of 843 groups through our properties. 

With demand at an all-time high, and with the urgency to purchase increasing daily, an auction campaign is a great way to leverage this momentum and achieve a premium price. Over the last few weeks alone we have sold 24 properties at or before auction achieving very strong results for our clients.

Auctions can be unpredictable and emotionally charged, but we have found these often produce the best results and often exceed client expectations. 

The auction process protects vendors as it allows you to deal with the serious buyers, the ones who are in a position to purchase the property free of conditions and with no cooling off period. Serious buyers also benefit from this as they can utilise their financial position on auction day to have an advantage over conditional buyers in the market.

RP Data states that not only does an auction help achieve premium results, properties sell on average 19 days faster by auction than properties listed for private sale in South Australia.

If you are wanting to sell before Christmas and leverage our current market conditions, there is still time! Feel free to contact Team Toop about how we can deliver a solid sale campaign this side of Christmas and capture the attention of our strong marketplace for your home.

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