Stimulating Competition

One of the hardest things for us in the current market is dealing with buyers who miss out on property. In many instances we have multiple offers. This situation requires careful handling.

The biggest risk in a strong market is that another buyer may turn up at a later date who would have paid more.

We have systems in place to manage this and a cohesive, cooperative team who work for you, the owner, to get the best price.

It can take weeks for the market to get to know that your property is for sale and for buyers to view the home.

We do not wish to rush it. Stories of property selling in the first day of going on the market can be disturbing for us.  The offer needs to be absolutely startling to be accepted immediately.

You may wish to accept it if another sale rides on it and it is contingent on the sale.

We frequently hear about buyers turning up prepared to pay more for a property than the amount already accepted.

When a property sells at asking price or above, it indicates to us that the marketing was not done correctly.

Effective use of skilled negotiating while stimulating competition needs to be in the culture of the Company.

 

 

< previous topic         next topic >

property search



quick search