After making sure everything was ok with the structure and the Contract of Sale, we decided to try and take it off the market prior to the scheduled Auction.
The offer was rejected, as the Agent advised their Vendor it was best to take it to Auction. So, we kept searching the marketplace for them, but planning on attending the Auction if nothing else came along that was better. Nothing came along. Deborah & John really wanted this house.
On Auction day, we were the last bidders, but the property was Passed In as it did not reach the Reserve price that the Vendors had hoped for. We went in to negotiate, but still could not meet at a point that was acceptable to both parties. The Vendors were adamant on getting a price like the identical townhouse that had recently sold next door for $108,500 more than our Clients had offered. We walked away. Four days later the Agent received an offer from another buyer that was accepted - but there were conditions on the offer.
Due to the absolute persistence of our Advocate Adie Bradley, who still continued to stay in close contact with this Agent, we found out a few days later that the successful offer had fallen over due to finance. Adie was right there. She kept pushing for the Agent to go back and now get agreement on Deborah & John’s previous offer. She did this for two weeks, and FINALLY the Vendor accepted!.
So, can we say that we saved Deborah & John $108,500? Maybe. But what we can absolutely say is that expertise in negotiation and insider knowledge of the industry went a very long way in securing this home for our Clients. We are proud to say that we upheld our company promise which is to save Buyers time, heartache … and money.
For a Free 1 hour Consultation, please call Julie on 1300 882 842 or use our contact us form to submit an online inquiry.