If you are a regular reader of these posts, you’ll know that October has seen some outstanding sales by the Barry Plant team in the City of Brimbank, coming on the back of a much-improved July-to-September quarter. Open House attendances are up markedly, and multiple bidders at auctions have become the norm again. Our impressive recent results have proven that if you have the right team behind you, there’s still time to stack the odds in your favour and come out a winner in your property dealings.

Here’s a summary of the state of the track at the start of November…:

• First and foremost, there are STILL far more buyers than there are homes available;
• Interest rates are at record lows, making this a great time to buy;
• As a result, buyers are competing strongly and pushing up prices;
• Our offices are achieving 100% Auction success rates on a regular basis;
• Some vendors are exceeding their reserve prices by as much as 10-20% (or more);
• We’ve even seen some price records broken that were set in the peak of 2017!

Having said all that, the important factor for sellers to remember is that nothing lasts forever. If you’d like to have a SOLD sign out the front of your place this side of Christmas, you really need to ensure that your property is on the market within the next two weeks at the latest. After that you will need to rely on luck as much as your agent’s skill.

The good news is that right now our team is actively looking for new listings to suit a large database of motivated buyers who are just as keen to find their next property before Christmas. Indeed, you might find that a no-fuss sale to an existing buyer could be just a phone call away.

So, if you’d like to ensure that this year’s Christmas dinner is an opportunity to hand out your new address details to family and friends, feel free to give us a call at Barry Plant St Albans this week on 9367 7044.

Cheers,

John Aaron Nakic & James Hatzimoisis

Directors – Barry Plant Real Estate

St Albans, Taylors Lakes & Caroline Springs