Everybody loves a happy story, so here’s our property sale success stories – how we sold this North Lakes home in 4 days.
Many believe the first offer received on a property are always your best offer and in this instance, that was true.
North Lakes House Sale
This North Lakes home was officially listed with us on a Wednesday and we had organised the first inspections over the following days.
During the open house on Saturday, about nine couples inspected the property.
On Saturday afternoon – 4 days after the property was listed – we received our first offer which was $2000 above the asking price.
Preparing the House for Sale
The owners of this home, like most sellers, didn’t realise a home can be either ‘set for living’ or ‘set for sale’.
Set for living is when you leave your home as is – so mostly how you like to live in it.
However, when selling your home, there are a few tips and tricks to ensure it shows the best appeal and is ‘set for sale’.
- Remove any personal photographs.
- Nick-nacks and general clutter should be and stored elsewhere or out of sight.
- Ensure your home’s brightest features are on display.
- Turn on the lights as bright light make rooms feel bigger. Furthermore, dark feature walls should be painted over into neutral colours.
The owners of the home at North Lakes did all the above which ultimately helped with the sale.
We use our top tier marketing package to sell the North Lakes home.
The standouts of this package were the 45sec video used on social media and our buyer booklet. The social media advertising created around 400 passive buyer inspections.
The real estate portals also attracted plenty of interest in the home for a few weeks after it went under contract.
The Offer Process
There was a lot of initial interest in the North Lakes home with one offer above the asking price received from one of the first open homes.
There aren’t many sellers who knock back an offer that’s over the list price. With many properties, especially with multiple offers, our process is totally transparent.
We give all buyers equal opportunity to make their highest bid for the home, and all offers are open to all parties to better their offers. The seller is kept in the loop too.
Dangers of Knocking Back a First Offer
Many sellers knock back the first offer if a property has just hit the market, as they think they’ll get a better offer down the track.
In almost all cases, following offers will be lower than the first. A simple unspoken rule applies.
PRICE = TIME ON THE MARKET
The longer a property sits on the market, the less a buyer will pay for it.
For an example of PRICE = TIME, a first offer came in for a home at $550,000, but the seller wanted $565,000.
They didn’t accept and the home sat on the market for five months. The seller then accepted an offer of $540,000.
North Lakes Home Sold in 4 Days
Thinking of selling your home? Speak to Gott Realty today!
If you’re looking for a real estate team that is honest, respectful and always acting in your interests, speak to us today about how much your home is worth.
Our team has unprecedented access to local property data and insights, and we are here to help you sell your property for the best price possible with the least amount of stress.
Gott Realty service Albany Creek, Eatons Hill, Cashmere, Warner, Lawnton and Bray Park and many more areas across North Brisbane. Learn more here on our blog.