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The inital marketing campaign of any property is ofetn the determinator of whether a property fails to sell within the first 30 days of their marketing campaign or not.
The risk losing potential value on the property because most buyers lose interest after this period is well proven.
This is usually a result of bad preparation and unrealistic expectations.
Failing to properly access recent comparable sales and current market listings in the area is a crucial mistake. This mistake is not something the savvy buyer will make, remember, they too have spent weeks, even months becoming aware of all the recent sales and the properties that are currently available.
Staying abreast of current market insights, conducting ongoing research and having a finger on the market’s pulse, I can provide you with a realistic and responsible appraisal.
Many agents that don’t have sound instincts about where the market is heading and will often over compensate and inflate price recommendations to win the business – out of panic or desperation – price should always be based on expectation on comparable properties and market conditions.
As the former CEO of Raine & Horne in South Australia, Michael's understanding of the industry is unsurpassed. He has recognised the changing way real estate is transacted and is adapting to trends. His return to property sales ensures that his clients, friends, and neighbors benefit from the latest trends in social media communications and the more efficient use of mobile devices.