“We were very happy with the number we achieved for the seller. It was an excellent campaign. We had really good numbers through the door for Saturday and midweek inspections. There was a lot of interest!” says Sunshine Coast Real Estate Agent, Pam Thomas.
Receiving 4 offers prior to auction and an outstanding number of 22 registered bidders on the day, closed borders and auction restrictions clearly didn’t scare away buyers. With a flurry of registrations right before going online to auction, Pam had registered predominantly local bidders, with a few interested interstate parties hoping to get a piece of the highly desired Sunshine Coast real estate pie.
“We had a team of about 6 Ray White Maroochydore real estate agents registering last minute interested bidders, and ended up having 22 registered bidders, which was a healthy position to be in!” Pam says.
The bidding kicked off with a healthy number too, starting with an opening bid of $900K.
“The opening bid was $900K. From there, the second bidder went in strategically with an aggressive bid of $1.1 million. This worked to reduce the active bidders down to 4 or 5, before it dropped to only 2 from $1.2 million onwards. The final two bidders [who were interestingly builders who saw value in the solid original build] went back and forth until a sale was made at $1.325 million.” Pam says,
One of many properties up for sale during the office’s Saturday online auctions, Pam couldn’t have been more thrilled for the family selling.
“The real satisfaction came when I went to the house to put the SOLD sticker outside the house… not because it was the end of a campaign, but because the seller came out with all of her excited family. There were tears of joy and champagne popped as the celebrations began.”
Understandably an emotional sale, you could tell that this was particularly special for the owner who had built and lived in the house with her family. A house that really felt like a ‘home’, the property was an original build and was extremely well presented to buyers.
“The property was in immaculate condition, you didn’t need to do anything because it had all been very well maintained with things like proper termite moat barriers, as well as roof repointing and resealed… all thanks to the owner’s special care over the years.” Pam says.
In fact, in addition to the prime Mooloolaba positioning and land size, it was the condition of this Sunshine Coast property that ended up being one of the main reasons why buyers were so keen on the property. With many builders interested in the house, Pam explained how the quality build and ongoing maintenance contributed to the appeal of the sale.
“The house was extremely well built and remains very solid… there was no movement in the structure whatsoever! Sometimes people look for renovated houses and are willing to pay extra for this, however these houses can actually end up covering a multitude of sins. This house held a lot of appeal as it was very transparent that the seller wasn’t hiding any underlying faults and that the original build was in excellent condition. ” Pam says.
With a sale price of $1.325million and the new home owners local buyers, the seller couldn’t be happier!
Looking for an experienced family home sales agent? Contact Pam Thomas to find out more about her Sunshine Coast Real Estate portfolio.
Written by Lauren Smith – Smith Madden Creative Agency