Buying Property on a Long Weekend…

This long weekend has been a busy one for us (and some of our clients). It’s not dissimilar to other long weekends… intensive negotiations, auction activity and some interesting purchases of properties prior to their scheduled auction dates.

Whether it be coincidence or a combination of factors, there is no doubt that our successful acquisition rate increases around a long weekend.

In this set of circumstances, we believe that the looming election (and the buyer/vendor nerves which often follow an election announcement) played some part in our successful purchases; particularly those which were pre-auction negotiations. Often a vendor will hold firm throughout a campaign in the hope that an energetic array of buyers turn up to bid on auction day. When uncertainty, nerves, or an unusual market temper their enthusiasm for an auction, and particularly when one obvious buyer makes their intentions known, a pre-auction negotiation can have success.

In the case of Joffre Street Camberwell, our downsizer clients knew immediately that the house was for them. Every criteria they’d nominated was on offer with this beautiful property, from modern interiors to stunning outdoor entertaining space, double lock up garage to guest accommodation. The home was quite perfect. And offering a convenient location with Camberwell Junction shopping at their fingertips, this house represented the new lifestyle they were passionate about.

Close conversations with the agent, clear communication when it became obvious that the vendor would consider a good offer, and swift action on the Friday ensured Joffre St became theirs. Settlement dates matched, cheques were drawn and a pleasing result for both parties made this win/win a real pleasure to be a part of.

Wishing them years of happiness in their stunning new home.