Property Type: 3 Bedroom house
Property Location: Park Ave, Mosman
Buyer’s Scenario
Our clients were nervous about putting in an offer on a property that they loved, they feared they were paying too much for a home they were already emotionally invested in, but felt pressure to jump on the opportunity to avoid missing out.
They engaged us to appraise the property and provide them with the information and confidence to make an informed offer based on market analysis.
Buyers Agent’s Solution
Our expert assessment detailed that our client was about to pay over $100K more than its worth. Based on fair market value and competitive market analysis we submitted a lower offer with the client, which was not accepted by the seller.
A competing high offer was then suddenly withdrawn by the other buyer and the property ended up eventually selling for a little over our lower valued appraisal.
We immediately began searching for other properties that met our clients unique specifications and after a dozen viewings, a sophisticated freestanding home in a leafy cul-de-sac moments from glorious Mosman Bay was the clear favourite.
Our clients were overjoyed to have purchased their dream home that was bigger than the previous property and negotiated for a lower price than their original offer while still being in the same area.
Buyer’s Comments
"From our first meeting with Frank, we got a strong feeling that he understood our drivers for a purchase and our boundaries. Frank did a great job from there helping us with all aspects of our purchase, and I looked forward too all of our viewings and interactions. In some ways we wish the process had gone on longer! Wouldn't hesitate to recommend you."
Andrew
Home Buyer - Park Ave, Mosman
