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Negotiating experience makes a difference

Real estate & property news
10 August 2019
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If you’re a regular follower of our auctions around the City of Hume, you’ll already be aware of the difference that an experienced auctioneer can make to a vendor’s result, from encouraging multiple bidders to get involved to extracting every last bid to ensure that the vendor achieves the best possible result in every situation.

What some people don’t realise is that there are situations where negotiating experience is required after the auction in order to achieve the best possible result.

From time to time you might see an auction being conducted by an inexperienced auctioneer, and it is clear that their sole priority is to sell the property ‘under the hammer’, no matter what. A more experienced agent knows that in some situations a better result is possible by negotiating after the auction, and will offer you that option rather than simply taking the easy way out on auction day.

We were reminded of the importance of negotiating experience this week, following the auction of a rare single-level terrace home in Pascoe Street, Westmeadows. Set in a quiet cul-de-sac with the Moonee Ponds Creek parkland at the end of the street and Westmeadows Primary School a short walk away, this low maintenance three-bedroom home provided a character-filled option for downsizers and market entrants.

The decision to ‘pass-in’ this property and continue negotiating with interested buyers may have surprised some onlookers, but the proof was in the pudding with the SOLD sticker going up on Monday at a very satisfying $600,000.

If you are considering selling in 2019, and would like the reassurance of knowing that you have a team with genuine negotiating experience on their side, (and is every bit as committed to achieving an exceptional result as you are), you can call us at Barry Plant Gladstone Park at any time on 03 9330 1088.

Real estate & property news
10 August 2019
Save Article

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