The seller originally purchased this unit when she was a single first home buyer, but had since found love and upsized to a family home.
The seller had initially rented out the unit for a great price in the current market, but with no plans of being a long term landlord, the unit was regretfully put up for sale. My seller’s goal through the sale process was to secure a sale while not wanting to take a massive loss after she bought in the peak of market some years ago.
Initially when the property was launched to market the presentation with the existing tenant in place was not ideal in appealing to buyers.
However after vacating the tenant, the sellers did a cosmetic renovation including updating the carpet, painting, installing blinds and new air conditioning. The scene was now set for a neutral aesthetic appealing to a broad range of buyers. We also agreed the photos needed updating, so we were able to refresh the online ad. Selling the unit empty made it easier for the buyers to see themselves in the space.
The buyer was a Nurse Manager who had a solid job and was not deterred by the uncertainty in the market caused by the COVID-19 pandemic. Previously renting with her school aged daughter, she wanted to be closer to work, friends and also establish a solid base for the next ten years for her small family. She was also able to access the First Home Buyers Deposit Scheme, this allowed her to buy with only a 5% deposit and also avoid the cost of Lenders Mortgage Insurance and Stamp Duty.
The seller had heard good things about me, particularly that I had experience selling units, selling in tough markets and that I would tell it like it is! I have followed up with my seller and she said she was very happy with the service I provided and appreciated being spoken to like a human being and not being pressured to sell at any price. We made a great team.