Well I suppose it had to happen. Perth has been very slow in real estate for over 8 years or so now and people are saying that the market is too hot. Not yet my friends its going to get more competitive I can assure you.
The market that is struggling right now to get enough homes is the $950,000-$1,800,000 and there is a majority of people vying for these homes so naturally it's going to drive the price up isnt it?
As I have said many times make sure you:
a) have your preapproval done
b) can you safely go in with a cash offer
c) offer a good sized deposit
d) offer good terms - perhaps a longer settlement may suit the seller (dont worry about the agent as it shouldnt be about them) the seller may need to find something as well
e) be confident on your price and go in with your best price dont muck around
f) do your research and make sure that you are not paying way way over the top a little bit is okay as it will work out in the end but if it's $200k over the top hmmmm how long will it take to absorb that amount sometimes you just have to walk away.
We are doing more appraisals so there will be more homes coming up so be patient but be ready to pounce when you see the "one" that you want to deal on.
Stay safe and phone a friend in need.
MAKE YOUR OWN DECISIONS AND GIVE IT A REAL GO!!
SELLING MOSMAN PARK & THE WESTERN SUBURBS!!
KEEPING IT REAL IS OUR MOTTO!!
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