3 Lola Place, Miranda
The housing market is extremely competitive, so if you want to know how to sell your property for the highest price, you need to learn how to market it to show buyers exactly what they are looking for.
Here Hill & Viteri Property discuss how you can add value through marketing and renovations without breaking the bank. Now, marketing is just one of the ways we can add value as professional salespeople. However, when we combine negotiation and communication that’s when the stars can align and results like the sale of 3 Lola Place, Mirandna happen.
Before
Take a look at 3 Lola Place, Miranda before Hill & Viteri helped outline a schedule of repairs and maintenance to prepare the property for sale.
The market appraisal of the property in its original condition was $1,375,000 – $1,512,500.
The recommended works to be undertaken were:
- Painting – $4,800
- Professional styling $4,070
- New carpet – $3,900
- Electrical – $1,588.70
- Yard & garden maintenance $1,106
- Pool maintenance – $1,919
- Removal of rubbish
- Cleaning – $55-$66 per hour
After
Following the undertaking works recommended by Hill & Viteri Property a total of $17,383 was outlaid in prepping the property for sale.
Hill & Viteri Property ran an extensive auction marketing campaign where the property received 200 enquiries, had 107 inspections and issued 27 contracts to prospective buyers.
After a action packed auction with 7 registered bidders the property sold for $267,000 over the reserve of $1,500,000.
Watch the auction here!
As you can see our vendors invested a small amount of money in changing the perception of the property. This is essential ‘marketing’. This along with the right agent and strategy enabled them to achieve a sale well beyond their expectation. Our advice along with our skilled of sales professionals ended in our seller obtaining a fantastic return on investment.
If your in the market or considering selling your property and unsure how to maximise the value contact our team on 9545 2220 and they can guide you through it.
Hill & Viteri Property pride them selves on there customer service, “Helping People Through Real Estate” so let us help you!