FREQUENTLY ASKED QUESTIONS

Q: HOW MUCH DO I PUT MY HOME ON THE MARKET FOR?
A: It is imperative to consider the facts provided by our comparative market analysis. Our assessment provides you with factual data of comparable properties recently sold in your area, other properties currently for sale in your area and Real Estate experience and expertise. The assessment further considers market fluctuations and factors affecting such fluctuations ie: interest rates, government legislation etc. All of these above we deem necessary in order to substantiate the reasonable estimate of selling price for your property.

It is not only prudent practice but it is essential to be mindful of the competition when selling your home, your property needs to be positioned with the market place so that it reflects positively to the market.

A realistic asking price coupled with good presentation ensures excellent buyer activity and a pleasing result for you.

It is a known fact properties that sell the quickest are generally those listed at or near the current value. To overprice your property is the single greatest factor why properties do not sell.

Q: REES REFER TO MY COMPETITION- WHO IS IT?
A: Your direct competition when selling is all the homes currently on the market in your selling range. Put simply those homes that are competing against your home for buyer activity. They want to achieve the same as you a Sale.

As our buoyant market begins to cool it will be evidenced in our market place a greater number of homes will be hitting the market place. This equates to a greater selection of properties available to genuine buyers.

In essence our market becomes a level playing field for buyers and sellers alike. For your property to be competitive in this new arena and via for buyer activity it must reflect positively in the market place.
This is achieved through price and presentation.

Q: I HAVE MY APPRAISAL OF MY HOMES CURRENT MARKET WORTH, BUT WOULD LIKE TO TRY FOR A HIGHER PRICE WHEN MY HOME GOES ON THE MARKET
A: In this instance a small window of opportunity exists for all properties to feature an absolute price. However, it is imperative if no buyer activity in the form of “offers to purchase” has been received in the initial marketing stages,prices will need to be reviewed or reduced in order to meet the market place.

Buyers in their desire to find their dream home, investment etc will be attracted to “just listed” properties, it is for this reason properties with realistic expectations generally sell within the first 6 weeks. Even over inflated properties will attract an initial burst of buyer activity, however if not corrected these properties will remain static within the market place and no amount of marketing and promotion undertaken on your behalf is able to stimulate lost buyer activity.

Q: WHO CREATES THE MARKET PLACE?
A: Buyers actually create the market place, we as Real Estate agents interpret it. The buyers in the market place become the experts in their buying price range; they look and view as much property available to them in order to satisfy their needs.

Buyers compare this home over that home in the attempt to find their dream home, investment etc, their purchase in most cases will represent their single greatest financial outlay peppered with emotion.

Q: WHO DO REES WORK FOR?
A: As your agents, we at Rees are working for you, exclusively for you, we are paid by you, we dedicate our best to you and your property. We want nothingmore that to see you achieve the best possible price for your property on today’s market. We know that a team effort is essential to our joint success, we as your agent and you the owner- we work for you and it is thru our combined effort that we achieve and deliver pleasing results.

THAT’S OUR ROLE THAT’S OUR GOAL.

We are only paid on performance, creating relationships between buyer and seller. That is in introducing a buyer to your property at a price you are totally happy with and when you reach that point where satisfaction is derived from our service and performance you may wish to refer our company to your family or friends.

We are motivated by producing pleasing results for our vendors by providing you with effective, efficient and professional service always.

WE KNOW WE CAN SELL YOUR HOME!

 

35 Beaumont Street, HAMILTON Ph:(02) 4962 1292