What to Do ...

Little is known of some individuals and their contribution to our community.  The unsung heroes that go about their duty unnoticed and don’t want or ask for the accolade they so rightly deserve.  They are the volunteers, the carers, and the people giving hope - a big thank you to you all! 

We’re pretty lucky to have such wonderful people within our community and we just wanted to give them a mention.  Now turning to our local property market, did you know there are a number of different ways to sell a home?  There is auction, tender and listing with a price (also known as private treaty).  Having options is great, but as a seller you also need to know the overall success rate of all forms of selling in your market.

The media shows a higher than normal success rate for action clearances.  Regarding of what the media is saying, our local area auction results (sourced from rpdata) paint a different picture.  From 1 September 2013 to now, there were 75 auctions - of these 41 properties were passed in, 14 sold on the day, 6 sold prior to auction, 4 after auction and 10 withdrawn.  Overall, during this same period there were 700 properties sold.  You do the sums on auction results in our local area, hmmm!

Ultimately, buyers are astute in their buying power and prefer to know exactly what a home is listed for.  We’re not against auctions but we do have to look at all aspects of selling before anticipating and advising on the best possible outcome for sellers in the current market.

If you’re selling and undecided about what to do, our team is more than happy to assist with all your property needs.  Please don’t hesitate to call if you would like help!