COMPARABLE SALE #2

14/16 Gabriel Place Florey
SOLD for $389,500 on 23/3/17

Bedrooms: 2
Bathrooms:  1
Garage: 1
Block Size: N/A – Townhouse
Living Size: 85m²
Key features: Renovated kitchen

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THE FRIENDLY AUCTION PROCESS

Sam prides himself on the way he conducts the promotion of his sellers homes. He utilises the Friendly Auction System which is designed to make the process of buying at auction easier, more informed and transparent with the agent.

One of the things buyers appreciate the most is the publishing of price guides and talk openly with buyers about pricing of the home, which is then updated throughout the campaign from feedback by interested parties week by week to provide buyers and sellers with a more accurate indication of the sell price on auction day.

Sam can also help buyers organise:

• Private showings outside of the allocated open homes if those days/times are not suitable.
• A free finance meeting with a senior broker from Clarity home loans who will ensure finances are in order by auction day if given a couple of weeks notice.
• A free discussion with the building inspector to chat about any items in the building, pest, compliance and EER reports and to discuss extent of any rectifications works if required.
• Quotes for any works buyers wish to do on the home so they can factor the costs in to their bidding on the day.
• Access for a bank valuation, if required.
• Re-negotiation of clauses in the contract to suit individual buyers circumstances (eg: settlement date or exchange deposit).
• Pre-auction bidding strategy meeting to give advice on how to bid to give the strongest chance of securing the home within budget, we can also indicate extent of other buyer interest in this meeting.
• Pre-registration and authority forms for others to bid on behalf of the actual buyer if they can not, or simply don’t want, to bid personally.
• A referral to a panel of solicitors who have ideal systems for pre auction buyers. You can choose one to review the contract and assist with any clauses or special conditions to suit your situation. Many have a one off fee upfront and they will review as many property contracts with you as you need, because you may review 5 different auction contracts, and only buy 1 of them.
• A link to the full marketing contract can be sent to the solicitor you select prior to auction day by requesting this from us by phone or email

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PRE AUCTION OFFERS

We expect multiple buyer interest in this property so we like to give every buyer the same opportunity to place your best pre auction offer forward if it is of interest to you.

This applies to all buyers and the agents in our company so everyone has the same ability to make an offer and the owners in conjunction with the selling agent can decide on the best options moving forward.

Whether an offer can be considered encompass the following:

• Price
• Where the price falls in relation to other buyers interest levels
• Conditions of purchase (if any)
• Deposit available
• Time frame for settlement
• How many buyers are interested with the same/similar offer details

Considering the above factors will influence whether a buyers offer can be considered pre auction or, if it is in line with other buyers then the auction process if the best and fairest method for all parties.

As part of the friendly auction process, silent auctions and gazumping prior to auction aren’t considered favorable for any party and aren’t conducted.

I look forward to hearing from you if you would like to place an offer forward and I welcome you to contact me if you would like to discuss anything further.

To bid at auction or to purchase prior to auction, a buyer needs unconditional approval from a lender.

Clarity Financial provide a free mortgage broking service and have access to all the banks so they can compare offers, find you the most suitable deal and competitive rates to help you obtain pre-approval in order to bid..

My strong relationship with Clarity means they really look after my clients and understand the time frame involved with obtaining approval in just a few weeks for an auction.

They also truly care, and guide you throughout the entire process of buying a property to make it a street free and much less daunting experience.

Arman has over 8 years of experience as a broker and has won a whole host of awards, he will make the entire process as simple as possible for his clients, keeping them informed throughout the transaction. Arman is my personal broker for my properties too, so I can confidently refer you to him.

You can call Arman on 6209 1990 or email him at arman.yazarloo@clarityfinancial.com.au – just let him know I referred you.

Many agents tell their clients what they want to hear, but Sam says you shouldn’t believe them, including him for that matter too.

The only way to predict your future selling outcome is to look back at what the agent has done in the recent past and hear from those clients. You should see their past results, selling statistics and be able to chat directly with their past clients.

Sam Buchanan is in his 10th year with Independent Property Group as a senior real estate sales agent