Vern Jensen's reviews
Vern Jensen

Vern Jensen

  4.8   (89 reviews)

7 Marginalia Court

Vern helped the reviewer sell this property

Vern Jensen
Price not available
7 Marginalia Court
Cleveland
3
1
3
House

almost 6 years ago

Vern Jensen

Vern made initial contact and followed up with relevant timely detailed information on local area previous sales and provided advise on listing price and promotion strategy. He provided updates as the sale process progressed. The web photos and promotion arranged by Vern was excellent and we expected that the property would sell in a fairly short period of time. However although Vern showed a significant number of potential buyers to the property on several open days we did not receive any real offers over a considerable period of time. Vern followed up potential leads and Actively pursued options. I was not enthusiastic in taking his advise to go to Auction without any real active interest from a qualified buyer. One potential buyer which was put forward had not even visited the bank to per-qualify her loan. Vern was able to lock in a buyer at $475k which was lower than the expected price given the extensive renovation of the property and pre-sale value provided of up to high 400's but this may have been understandable given the situation with the Covid virus and resulting economic effects. The buyer stuffed the sale process by delaying finance approval and settlement several times however the sale was eventually completed. Vern actively followed up issues and completion of the sale information etc. I would recommend Vern to other potential buyers/ sellers. I have just guessed 45 days for settlement given the delays experienced.

S
Seller
Vern
Hi Jeff and Pam, Thank you for taking the time to write this detailed review, it’s much appreciated. Yes, due to COVID we have seen many waves of variable buyer commitment throughout this uncertain year. With 4 written offers, putting the property under contract 6 weeks on market was still a very good result given the circumstances. The finance extensions were not the best situation, though was ultimately with the banks being extremely slow at present and beyond everyone’s control. An auction campaign is the only method of sale that has a process. Australasia’s market leader cannot be wrong. Regardless, we are very pleased to have been able to assist you in selling this home.
Vern responded on 30 Oct 2020

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Vern Jensen
Vern Jensen

Licensed Real Estate Agent

View profile   4.8   (89 reviews)
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