17 Wattle St, Peakhurst - Auction Post Appraisal by Ausrealty

anabelm5 — 2024-08-28 23:11:21 UTC

Dear Michael & Jillian,

Property Address - 17 Wattle St, Peakhurst

Our recommendation

anabelm5 — 2024-08-28 23:11:21 UTC

The following range is a figure derived based on statistical evidence in the current market. Your property at 17 Wattle St, Peakhurst falls in the vicinity of $1,700,000-$1,850,000 (this is a logical analysis of price) the final outcome is determined by the process being run.

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

anabelm5 — 2024-08-28 23:11:21 UTC

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 use a logical price in line with similar sales in a close proximity to our property to ensure we have the best chance of attracting the best buyers to our home. This can then allow us to control the negotiation and the power of leverage on our side.

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.

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

anabelm5 — 2024-08-28 23:11:21 UTC

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

anabelm5 — 2024-08-28 23:11:21 UTC

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

A U C T I O N

anabelm5 — 2024-08-28 23:11:21 UTC

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.

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

anabelm5 — 2024-08-28 23:11:21 UTC

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.

anabelm5 — 2024-08-28 23:11:21 UTC

We believe people don’t buy products; they buy the feeling the product gives them. As such, there are some key aspects of marketing that will help to solidify the emotional connection a buyer may have to the property. The higher the emotional connection, the better the opportunity to negotiate a premium result. As discussed there are key areas of marketing that are essential to gaining a premium result. I have outline below a rundown of what will be needed to ascertain the best result.

• Professional photography & floor-plan

• Professional photo board – this will give buyers a glimpse of what is to come

• Catalogue distributed to over 13000 buyers on our database.

• Premier placement on Domain.com.au and Realestate.com.au

• Property web book

Y O U R I N V E S T M E N T

anabelm5 — 2024-08-28 23:11:21 UTC

Our general fee is 1.65% (GST inclusive) of the purchase price, plus a $8,217 , advertising fee inclusive of GST. The marketing fee is a contribution to the above; any expense in excess of the $8,217 paid will be at the expense of Ausrealty. Once again thank you for the opportunity to be of service to you, and if you require any real estate assistance in the future, please do not hesitate to contact us. Should you decide to sell, I will be happy to meet with you again and discuss the process in more detail.

Hani Obeid | 0457 038 716

anabelm5 — 2024-08-28 23:11:21 UTC