
Jayne Langford
It was a long four months sales campaign reflecting a market that was rapidly changing from one week to the next with buyers being curious on what was on offer rather than an intention to commit to a purchase. After eight weeks in the campaign I could feel that the agent was disappointed with the dwindling turn out on open days despite two downward price revisions. Buyers negative feedback on some of the aspects of the property and the location were not justified given that a similar quality unit in the same block(less storage facility sold for $23k more in just a few days in late February this year. After 3 months in the sales campaign serious doubts about the chances of finding a buyer started to creep in everyone's mind. The property was discounted for a third time and I instructed the agent to put the property back on rental after a month. Fortunately the agent was able to find a buyer after four long drawn out months with a discounted offer of about 3.5% to the original listing price. The agent was professional and courteous all throughout the sales campaign.
