Client Profile
- Location: Cremorne, Sydney
- Buyer Type: Owner-occupiers
- Goal: Purchase an apartment close to city transport and local shops
Situation
Our clients were looking to buy an apartment in Sydney’s Lower North Shore area to benefit from easy access to transport links and nearby amenities. Having not purchased a property in over a decade, they found themselves overwhelmed by the competitive market and frequently missed opportunities. They required:
- Negotiation assistance to secure a fair price and avoid auctions
- Due diligence on property valuations to ensure they were making informed offers
- Expert guidance to set a strategy and bring confidence back to their property search
With demanding schedules, they needed a quick, effective solution and were eager to avoid the stress of an auction.
Challenges
The Lower North Shore property market posed unique challenges:
- Long Gap in Property Purchasing Experience: Not having bought property in over 10 years, they were unfamiliar with the current market dynamics.
- High Competition: The apartment market in Cremorne was competitive, requiring strategic action to secure a property.
- Limited Time: As busy professionals, they needed an efficient solution to avoid prolonged searches or drawn-out negotiations.
Our Approach
To address the clients’ needs and secure a successful outcome, we implemented a streamlined approach focused on negotiation expertise and precise market analysis.
- Clear Negotiation Strategy
We established a clear and targeted negotiation strategy to align with the couple’s budget and preferences, focusing on securing a fair price while avoiding the auction route. By identifying the seller’s motivations, we were able to negotiate directly and effectively, creating an advantage for our clients. - Accurate Market Valuation
We conducted due diligence on property valuations in the area, ensuring that our clients were making informed decisions and not overpaying. This provided peace of mind and helped the couple avoid overpriced listings, giving them confidence throughout the negotiation. - Efficient Process for a Short Turnaround
Understanding the couple’s time constraints, we acted quickly from engagement to secure a suitable property within a short timeframe. This streamlined process ensured minimal disruption to their schedules while delivering maximum value.
Outcome: An Ideal Apartment Secured Below Budget
With our assistance, the couple successfully purchased an apartment in Cremorne for $15,000 below their initial budget. Our negotiation expertise provided a smooth, stress-free experience, allowing them to avoid the competition and pressures of an auction. The couple was thrilled with the efficiency of the process, the savings, and the expert support that restored their confidence in the property market.
Key Benefits to the Client
- Expert Negotiation: We provided a focused negotiation strategy that saved $15,000, securing the apartment below budget.
- In-Depth Market Valuation: Due diligence on property values protected our clients from overpaying and provided clarity in a competitive market.
- Quick Turnaround: From engagement to securing the property, we minimized time and stress, delivering results efficiently.
