Don’t miss this market, or this offer!
Right now, the market is not about price!
In Sydney’s current landscape, deep pockets aren’t the only key to buying a property. This isn’t a typical market, and now is the time to seize unique opportunities. We have:
Motivated Sellers: 16% of properties on the market are from owners who purchased since 2021, indicating financial distress.
Increased Inventory: Stock levels have risen by 20% compared to last year.
Eager Agents: With a slow sales year, agents are motivated to close deals.
Decreased Investor Activity: Higher interest rates mean fewer attractive financials for investors.
Limited Owner-Occupier Buyers: There are few qualified buyers actively looking.
This is a buyer’s market, and a fantastic window of opportunity!
However, remember: submitting offers significantly below the price guide from day one isn’t likely to succeed.
What to Look For:
Motivated Vendors: Sellers who have already purchased, are facing divorce, or managing deceased estates.
Properties Passed in at Auction: Listings that didn’t sell at auction or the auction was cancelled.
Reduced Price Guides: Listings with lowered advertised prices.
Extended Market Time: Properties that have been on the market for over 30 days.
The house I just purchased $150,000 under the guide
Last week I helped an investor client to purchase a 3 bedroom house in the Inner West. It had been on the market for just over three months with an ambitious price guide.
I knew it wasn’t worth the guide price, as did the sales agent. The owner had initially been keen to ‘wait it out’, but her patience was starting to wear thin.
We swooped in at just the time when the owner was now open to selling for less, but the guide had not been officially reduced.
A week later, after all our due diligence was complete, we purchased for a significant $150,000 under the initial guide.
Never buy a property just because 'it's a good deal'. Buy the right property, and make sure you get a great deal along the way!!!
Don’t miss this offer either!
If negotiating isn’t your strength, I have a special offer for you. From now until December 24, 2024, if you find a property you’d like help purchasing, I’m here to assist! The property can be anywhere within New South Wales!
I want my supporters at Purchase with Penny to take full advantage of this market before conditions change.
My Standard Negotiation Only Fees:
Engagement Fee: $1,100 upfront
Success Fee: $9,000 - $22,000, depending on the purchase price
My Special Offer Negotiation Only Fees:
Engagement Fee: $550 upfront inc GST
Success Fee: $5,450 for all purchase prices inc GST
Note: This is just for Negotiation Only (e.g. you find the property you want to buy), and does not include the Full Service (where I find properties for you)
My last two Negotiation Only deals
I’ve done two negotiation deals in the last month across different budgets. Details below on just how much I was able to save each of my clients compared to what they were prepared to pay. People sometimes don’t realise real estate agents extract money out of people every day and are really good at it. So, it’s worth investing $550 to save yourself tens of thousands if you buy the property.
Here’s How to Take Up The Offer:
Ensure your finance is ready (you have an active pre-approval).
Find a property you’re interested in.
Physically inspect the property and confirm your interest.
Contact me ASAP after the inspection - you’ll need to quote this post as it is only available to my supporters
Let’s make your dream property a reality!
While not a necessity, if you think you may be interested in this offer, I’d love to hear from you now (even if you haven’t yet found the right property), just to help me manage my own workload!
