Sydney Lockdown isn't slowing down sales

No live auctions? No problem.?

Sydney homeowners are eager to sell their properties to qualified buyers, despite the harsh on-going lockdown laws.?

While most vendors are not letting the lack of public?auctions deter them from?selling in live online auctions, others are bringing it up by 2weeks to?capitalize?on buyer urgency and even selling prior to seal the deal as soon as possible.?

A?NSW Health Spokesperson noted that in Greater Sydney, including the Blue Mountains, Central Coast, Wollongong and Shellharbour, or the Orange, Blayney or?Cabonne?LGA’s,?auction can only be held?online,?and inspections are by appointment only,?in alignment with the current and?ever-expanding?restrictions.?

These restrictions have seen?agents spend even more hours?opening up?homes for appointment only inspections, but this has worked in their?favour?as?they’re?seeing more qualified and pre-approved buyers walk through the doors.?

On?the?Northern beaches, a 6 bedroom home sold for $3.4million to a local downsizer after strong interest from 2 parties who both pushed the negotiations to?to?top of the price guide.?

Raine &?Horne?Mona?Vales, Ben Spackman said that interest ramped up once the auction was?actually called?off. And it?wasn’t?a bad day?for the vendors who bought the home in 2014 for $1.65 million, records?show.?

In all, regardless?what’s?happening in the market, property prices will continue to rise, and?it’s?expected to keep rising for many more months to come which is great news for vendors and buyers alike.?