We were recently engaged to sell number 5 Fireball Ave, Cranebrook on behalf of the vendor, Malcolm Newcombe.
The challenge was to maximise the price for Malcolm as he was moving to a larger property in the area. The timing was challenging as it was in a rapidly declining market due to the federal government regulator tightening lending.
Malcolm had several other agents appraise the home and the general consensus among agents was between $625,000 and $640,000 with one agent appraising the property at $650,000.
We felt strongly that we could achieve better than that and we sat down with Malcolm and ran through a strategy that we believed could yield him a strong result.
Ultimately we were able to achieve $665,000 in a very tough market and Malcolm was able to move on to his next property.