Mateen Khan Mohammed
Property Strategist, Real Estate Sales Agent, Property Development Sales & Marketing Manager.
Dear Mr. and Mrs. Seller,
Thank you for your time, it is truly appreciated. We understand that selling your home is a significant decision, and we want to share some insights to help you navigate this process and achieve your goals.
Before engaging with any agent, it is essential to first identify your price expectation, a true and honest reflection of your needs and wants. Without a clear and firm price expectation, you may inadvertently become vulnerable to less scrupulous agents whose primary focus is on quick sales and commissions, rather than prioritizing your best interests.
For example:
**In February 2024, a little old lady, engaged a top agent, boasting excellent reviews and ratings, to sell her home on Wisteria Place, Calamvale.
Two-Storey
Full Brick
Five Bedrooms
Master with Ensuite
Three Bathrooms
Double lock-up garage plus extra car space
A generous 600sqm elevated site
Hilltop position with panoramic views and refreshing breezes
Stretton College catchment area.
*The top agent sold her home for $900k. After marketing fees and commissions, the little old lady sadly smiled and walked away with approximately $871k.
**The buyer gave it a polish and quickly resold it for $1,358,000 (Gross profit of $458,000 in just five months).
***As at October 2024, Price Finder estimates the property's value to be as high as $1,620,000. I live nearby and know the seller was not in a rush to sell. It seems she was simply advised that $900k was a "fair price." This is a deeply concerning outcome.
*It is a well-known fact that many top agents are trained to try to control your expectations, because the lower the price expectation, the quicker the sale, and the sooner they get paid, but potentially at a significant cost to you.
WHAT IS PRICE EXPECTATION?
Price expectation is not simply what you think your home is worth.
Price expectation is not just about recent comparable sales.
Price expectation is about aligning your real estate decisions with your overall financial plan.
It is about what you need and want to achieve your financial goals.
It is about putting you in a better financial position.
HOW TO CALCULATE YOUR PRICE EXPECTATION:
Price expectations are based on your needs, wants, objectives, financial situation, and future plans. Ideally, a Financial Planner can be a fantastic resource, but we understand that comes with a cost. That's why we offer a complimentary service to help our clients identify their price expectations - no financial advice given, of course - completely free of charge.
But the key is absolute honesty with yourself. This price must spring from the wellspring of your needs, a reflection of the future you envision. For when you approach this endeavor with honesty and truthfulness, you will attract professionals such as property strategists who are guided by the principles of fairness and justice, and we will enter your life as allies in your pursuit of achieving your specific goals.
A couple lived in Bigg Stretton, an area known for its Multi-Million Dollar Mega-Mansions on expansive one-acre blocks, some valued at over $15,000,000. Buckinghamia Place is only two streets away from these Mega-Mansions and when the husband passed away, the grieving widow, seeking solace and a fresh start in a smaller home, placed her trust in a top agent to secure the best possible price.
Two-Storey
Full Brick
Four Bedrooms
Three Bathrooms
Master with Ensuite
Large Kitchen
Covered entertainment patio
Massive swimming pool
Sweeping views
Double lock-up garage
646sqm block.
**The top agent sold it in just four days for $1.22m.
After fees and commissions, the elderly widow, sadly smiled and walked away with approximately $1.14m. Just recently a vacant lot on the roundabout of Penson Street and Lexton Street sold for $1,400,000.
We spoke with the elderly widow, who expressed that she is living in Park Ridge now. Imagine living in Bigg Stretton all your life and when your husband dies, you end up in Park Ridge. It is truly heartbreaking.
HERE IS WHAT WE CAN DO FOR YOU:
1. Establish a Relationship: We begin by building a strong partnership with you, ensuring we work together as a team to achieve your specific goals.
2. Understand Your Needs and Goals: We take the time to identify your personal objectives, financial situation, and future plans to determine a realistic and effective price expectation.
3. Evaluate and Strategize: We analyse your price expectation, crafting tailored strategies designed to achieve your target price.
4. Reach the Right Buyers: Utilizing our state-of-the-art technology, we proactively reach out to potential buyers rather than waiting for them to come to us. Our advanced tools enable us to identify and target interstate buyers who have shown interest in purchasing properties in Brisbane. By analysing factors such as buyer demographics, property preferences, and location, we ensure that only the most relevant and qualified buyers are contacted. This strategic approach allows us to go directly to the buyers and present your property to them, instead of waiting for them to come to us.
5. Negotiate with Expertise: We skilfully negotiate on your behalf, ensuring you get your expected price.
6. Handle Contracts and Details: We meticulously prepare contracts and oversee every step of the process, ensuring everything is in place for a smooth transaction.
7. Offer After-Sales Support: Our commitment does not end at the sale, we provide comprehensive after-sales service to ensure your continued satisfaction.
Thank you, and we look forward to helping you achieve your specific goals.
Best regards,
Mateen Khan Mohammed
Property Strategist
Licensed Real Estate Sales Agent
Property Development Sales & Marketing Manager at Yong Corporate, Sunnybank Hills.
*Not all agents.
**REA
***Price Finder
DISCLAIMER:
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided, and interested parties must solely rely on their own enquiries.
The ideas provided above do not constitute Advice, for Advice please consult your Financial Planner or Accountant.