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Dear Vesna,

Property Address -  94 Caroline Street, Kingsgrove

Thank you for giving Ausrealty, the opportunity to appraise your property. Your consideration of us as a trusted source of professional real estate advice is most appreciated. Our appraisal is outlined below for your perusal.

Our recommendation

The following range is a figure derived based on statistical evidence in the current market. Your property at 94 Caroline Street, Kingsgrove falls in the vicinity of $2,500,000-$2,600,000. This figure is based on statistics and sales that have been generated within a close proximity to your property

Each property is unique, and this is the key reason why the statistical figure may vary from the end result. As discussed, the figure is not the most important factor at present, an agent can easily note down a figure based on opinion that could be under the market or grossly optimistic. This may not represent what the highest possible price may be. Process is critical to the end result.

Buyer Behaviour

We are after the highest possible price and whatever that may be can only be achieved by implementing the correct method of sale, considering that buyers start logically and finish emotionally. In most cases there is a clear disparity between the statistical figure and market value.

Our strategy would be to use the highest sales in close proximity to your property at  94 Caroline Street, Kingsgrove and list the property as Auction, to ensure the figure remains uncapped online and ensure we can analyse the response. This will ensure the power of negotiation stays with us (owner and agent).

Everything we do involves a strategy that we aim to meticulously execute. Simply promising a figure prior to ascertaining the listing will not guarantee the outcome. Following a stringent process and working with buyer behavioural patterns will determine what the result will be.

P R O P E R T Y   K E Y   S E L L I N G   F E A T U R E S

Your property offers a convenient location within close proximity to public transport, local cafes and eateries and all amenities, which will appeal to buyers.

Development site

1000+sqm block

Neat single storey home

Close to Kingsgrove train station & shops, St Ursula's & Our Lady of Fatima

W H A T    I S   T H E   P R O C E S S   B A S E D   O N ?

We base our recommendation on a variety of observations, which include:

• Comparable sales in the immediate area

• Current market conditions

• Current economic factors and every suburb record we have set has been run using this process

• Buyer behavioral patterns and need structure

C O M M U N I C A T I O N   S E Q U E N C E

We believe it's critically important for the agent and vendor to work together, synergized energy ensures we are fully focused on the market campaign. Selling a property is a big move and having certainty around the process throughout the campaign will bring peace of mind.

- A daily call to assess what's happening with the sale strategy, buyers' updates.

- Weekly reports, assessment of what happened, what's happening and what will happen

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S O L U T I O N   A N D   P R O C E S S

A U C T I O N

This process has set multiple records within multiple suburbs. The process works on identifying the most willing purchasers and assessing emotional connection to the property

W H A T    I S   T H E   P R O C E S S   B A S E D   O N ?

We base our recommendation on a variety of observations, which include:

• Comparable sales in the immediate area

• Current market conditions

• Current economic factors and multiple suburb records we have set using this process

• Buyer behavioral patterns and need structure

L O G I C A L   T O   E M O T I O N A L

Buyers will be doing all they can to justify paying a lower price for any property before they have inspected the residence. Whether it is looking at other sales, market conditions, or media coverage. It is critical that the logical assessment on price is more or less reflective with buyers' initial interest levels. Buyers generally then move from logical to emotional, this is why the emotional price can differ from the logical assessment.

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J A M E S   K A L A N T Z I S

m. 0420 778 211