PROPERTY
NEWS HEADLINES
How often have you heard read a headline like that? No very often we know but it can be done with a little help from other agents :-)
Deirdre Fibiger was called to do a valuation on a property that had become part of a deceased estate. Although the home was a bit dated, the area was right and currently showing very positive trends. She knew the area well as we sell there regularly, as well as having the house next door plus three others currently on the market.
After pulling full historic sales reports from the deeds office, as well as a suburb analysis, she informed the executor that we could achieve a price of between R710 000 and R730 000.
He had however also consulted another agent who informed him that the value was only around R690 000. He felt he did not want to risk the property taking too long to sell and therefore gave a joint mandate - at the lower price.
Two days later we had the property sold - at R715 000! A super R25 000 more than the list price!
How is this possible ?
1) We KNOW the value of properties in an area - no thumb suck figures - no wild estimates and definitely no irrational negativity just because everyone is crying about the economy. If we give you a market value you can be sure that it is based on facts and experience. This might be a bit of bad news for those wanting to overprice :-)
2) We works as a team and immediately after receiving the instruction, she let her colleagues know about it. That evening one of them called - having a client on their books looking in the area. We viewed the next day and took the offer!
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