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Sandringham Snapshot - July 2023


IS THE FEAR OF MISSING OUT CREEPING BACK INTO BUYERS?

WE HAD 8 OFFERS IN THE FIRST 7 DAYS ON 132 SANDRINGHAM ROAD

We've been mentioning for the last few months that the market is changing quickly. One of our recent Sandringham sales 132 Sandringham Road is maybe the best example of how the market is changing. We received an astounding 8 offers within the first 5 days of being on the market. The demand for this property was undeniable, and after careful consideration, the sale was finalised unconditionally within a remarkably short period of just 9 days. This remarkable outcome serves as a testament to the desirability and appeal of the property, as well as the expertise and professionalism of our team. We are proud to have facilitated this seamless transaction, bringing together the perfect buyer and seller for this remarkable property in Sandringham.



Background

We've sold multiple 3-bedroom plus properties (throughout the past month) in Sandringham and Mt Albert with multiple bidders at auction. Every time we've exceeded the pricing expectations of our vendors, and changed their lives slightly for the better.

Sale Process

Not just content with letting the marketing do the job, we've been building a big database of eager and passive buyers for the Sandringham Market. While the typical property garners only 15 groups of buyers in the first three weeks of marketing and less than one bidder per auction, we have managed to attract over 50 groups and multiple bidders to our properties. We firmly believe that our buyer's network has been instrumental in this success, and we've invested significant effort into building it.

Aftermath

The sale of 3/7 Harlston, 38 Lambeth, and similar properties, have resulted in a lot of very happy vendors (click on the link to hear from our vendors https://tinyurl.com/3rvkaujs). However, with competition only a rare few of the buyers went home with a property, leaving many buyers disheartened and ready to take action on the next home. We are now looking for the next home for all the buyers who missed out, could it be yours? Selling with multiple bidders






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