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Monday, November 14, 2011

POWER IS A FOUR LETTER WORD

There’s a four letter word that has immense power in all sorts of situations, but particularly when it comes to buying real estate.

C-A-S-H.

A cash offer is the ultimate sign of buyer strength and can be difficult for sellers to ignore. It shows a confident buyer who is willing and, importantly, able to secure the property. And we saw a perfect example of this over the weekend with a beautiful Mosman Park property.

This property hadn’t yet been launched to the market but our unique selling strategy ensured 6 groups attended the exclusive Sneak Preview. With 2 offers received and after a fair amount of negotiation, the seller couldn’t go past a cash offer of over $2million, which left the unsuccessful buyer disappointed.

While not everyone is in a position to make a cash offer, there’s definitely something to be said about putting your best foot forward.

This Mosman Park sale was one of the highlights of a weekend which saw good numbers through most of our properties. Our team continues to achieve excellent results for our clients, particularly above the $1million mark, including a recent sale of over $1.8million in Swanbourne and several other cash sales.

Time will tell how the recent drop in interest rates affects the market, but if you are looking for a good value property, we have some excellent options currently available - visit our website today.

3 comments:

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  3. Its our duty to fulfill our goals and be successful in Real Estate Investing Australia. We have to keep up and do the things we need to do to assure our success in this business. We have to overcome the things that we want to achieve for us to be successful.

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