Client Profile
- Buyer Type: Young family seeking a home for their mother
- Goal: Purchase a low-maintenance, single-level home close to family and public transport
Situation
Our clients were looking for a property that their mother could comfortably live in. Their ideal home needed to be:
- Single-level and low-maintenance
- Located close to public transport and family
- Situated in a familiar neighbourhood
The clients were seeking guidance on the market and a strategic approach to bidding.
Challenges
The search for a downsizer-friendly property came with several specific challenges:
- Limited Availability in a Competitive Market: The downsizer market was in high demand, with properties selling quickly.
- Auction Complexity: Unfamiliar with the auction process, the clients required expert bidding skills and emotional detachment to avoid overbidding.
Our Approach
To meet the family’s needs and navigate the competitive downsizer market, we focused on exclusive access and auction expertise.
- Leveraging Off-Market Networks
- Comprehensive Market Education and Auction Strategy
- Managing All Aspects of the Transaction
Outcome: A Perfect Downsizer Property Secured at Auction
We successfully secured a single-level home that met the clients’ criteria at auction. Competing against five other bidders, we implemented a strategic bidding plan to secure the property at a favorable price. The clients, new to the auction process, appreciated the guidance and emotional detachment our team provided, which were key factors in achieving their goal without exceeding the budget.
