How to make Real Estate work in a stagnant market...

Sold another home recently in Estuary Views Rd... and it was not even on the market. Here is the story: It was me knocking on the door... asking the vendors if they were interested in selling... they were but ONLY at the right price. They liked that I had an architectural background. They liked me. They wanted $2,250,000. Very tough price...

1. Step inside the home. I looked at the property - it was pretty and I thought it was ideal for a Chinese buyer that I knew, he was looking for a fair amount of land (maybe 1200sqm) and must be brick construction and it must be private but close to everything with at least a 4 car garage with good finishes and a budget of $2,000,000.. Tough ask. First step done.
2. I listed the owner, did a CMA and with those documents done I took my Chinese buyer through - and he loved the house BUT did not like the plaster exterior... so.... I said lets have a building inspection... lets do due diligence... lets get the LIM report. He agreed. Second step done.
3. So he put in an offer subject to those conditions. I followed up everyday. The buyer was happy with his lawyers input, council documentation and the building inspectors input. Good! It was sold for $2,210,000. Third step done. It took 6 working days to finalise everything. Now I get to pay a very large bill and a few others!

The moral of the story? Be creative. Think outside of the box. Put in the hard work. Make it happen... and you will succeed. A great result for vendor, purchaser and me...