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$1M increase in equity in just 3 weeks!

John & Miriam are downsizers who sold their large family home in Vaucluse and were looking for a low maintenance home to enjoy their retirement years, but still close to the amenities of Double Bay and close to the city.

The property brief was in a small search area in the Inner East and had to be suitable for them to be able to lock up and go off to their farm for extended periods of time, without worrying about maintaining the gardens or the security of their new home.

After searching for several months and constantly missing out on properties they liked, the decision was made to engage a buyer’s agent.

Upon engagement John & Miriam informed us that their settlement on the Vaucluse property was in 60 days, effectively giving us 30 days to find them their perfect property.

In a fast moving “seller’s market” and with a very tight search area this was a near impossible task, in fact in a “normal market” this would be a big ask.

The Result

We immediately got to work on to the brief. With our expert knowledge of the Eastern Suburbs and extensive Real Estate Agent network, we were confident we would get the job done.

In only 18 days (a phenomenal feat in any market) we found our buyers their dream property in Darling Point. However, like all “A” grade properties in a tightly held pocket, (this was the first time in 10 years a property in this pocket of Darling Point had come onto the market), there were 5 other Buyer’s Agents all vying for the same property.

This is where Aus Property Professional’s agent relationships and negotiation skills really came into play. We were able to secure the property in a tense 8-hour negotiation. Even better, our offer wasn’t the highest offer on the night. Like a game of chess, it came down to strategy and reading the play.

The best news for our buyers was yet to come. Shortly after, a property on the floor below the one we secured for our buyers, came onto the market. It sold in just 3 days and for $1,000,000 more than the property we secured for our buyers.

This allowed our buyers to make $1,000,000 in equity in just THREE WEEKS! This is the result of engaging the right Buyer’s agent, one who is an expert in the location you are looking to buy.

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