Ray White NSW Chief Auctioneer Alex Pattaro calling a successful auction in Annandale , NSW
Over the weekend , sellers David and Xanthe offloaded their investment property of 33 years at 183 Nelson St , Annandale for $ 1.803 million . The sellers , who live in Gladesville in Sydney , said the Ray White Inner West team did everything they said they were going to and then some . “ Why now ? We just decided now was the right time to sell . We thought about waiting or even not selling at all , but I am glad we did and I would highly recommend using Ray White agents again as their process and communication was excellent . They were not the cheapest but they certainly added the most value .” Ray White Inner West agent Tina O ’ Connor took more than 180 groups through the house and signed up a whopping 20 registered bidders on auction day . Figures like this are not uncommon across the Ray White network as now is a truly a great time to be selling .
The future remains uncertain for many reasons :
• JobKeeper and JobSeeker support winding back by March ;
• International borders remain shut ;
• Unemployment tipped to significantly rise ; and
• The number of properties for sale will increase and create more choice for buyers .
What we do know is market fundamentals right now are helping our clients who are looking to sell . Our data tells us that our auction clearance rates are the strongest they have been since March and we call one in three auctions nationally . So there ’ s a deep buyer pool for sellers to take advantage of right now . Our question is , “ What are you waiting for ?”
9