Why selling “off-market” could be costing you thousands.
The Townsville property market is running so HOT right now that bank valuers, national valuation companies, professional real estate agents and property owners are having trouble anticipating just how strong the competition and subsequent sale price will be for a property when listed for sale ready for occupancy.
This high demand and promise of a quick sale are leading some agencies to recommend vendors “save” some money by selling “off-market” and relying on their database, a decision which could cost you, the vendor, thousands!
Oftentimes, an agent’s database consists of investors and buyer’s agents acting on behalf of investors (buyers), who are actively looking to get the cheapest deal on properties with the potential to provide a return on investment. When your property sells, the buyer’s agent will receive a commission for the purchase from the buyer, and the Queensland Sales Agent gets paid for a contract at settlement for their client – but you may NOT be walking away with the best possible outcome for YOU.
Put your property “on the market” by ensuring it is advertised in prominent positions for everyone, everywhere to find it. Prominent positions on the most popular property advertising sites can be paid at settlement or upfront for under $3000. As we have seen in some of the recent property sales secured by the Munro & Co team, this small advertising investment and a robust marketing strategy can result in a significant increase in the sale price compared to the market price which has been calculated based on evidence and facts from recently sold properties in the area.
The following examples received in excess of market price due to a dedicated marketing campaign combined with Munro & Co’s existing database of qualified buyers.
These examples do not end. The calibre of property is irrelevant – Townsville has hit the radar of people to live, to call home, to work and to invest in!
In this brilliant hot hot hot market of Townsville, vendors should be reaping the financial rewards of selling their property, not the agency or Buyer’s Agent!
At Munro & Co, we work for you, and our message is simple: Tell the world your property is for sale… you will be absolutely blown out of the water as to the result!
Phone: 4421 5900
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