Off Market Transaction Example
This is an Off-Market Transaction Example which means the property has been purchased prior to being presented to the public for sale.
As Brisbane Buyers Agents with 17 years in the business, we have built up strong relationships with many of Brisbane’s top real estate agents who provide us with a constant supply of homes that are about to come on to the market. This gives is the opportunity to match a property to a customer and inspect it before anyone else, cutting out any competition and being in a position to secure the property at a good price.
In this case example, the owner needed to sell and the property was going to go to auction wherein mine and the agent’s opinion would have fetched $420,000. But there was urgency with the sale and it suited our client in every way. An offer of $385,000 was presented to the owner and accepted.
The property is located in Edens Landing and featured a very large block of land with rear vehicle access. The house itself was in very good condition with dual living areas and laid out with the master bedroom at one end of the house whilst the remaining bedrooms were at the rear. This is an ideal type layout for an investment property as it appeals to many potential tenants, especially families.
The location for this home is Edens Landing and is the best suburb in the Logan region with a high percentage of mature families choosing to live in the area. This is a suburb where you can secure a very good property in the $400K range with a high percentage return. These homes pay for themselves and produce a profit.
As Brisbane Buyers Agents are constantly being presented with Off-Market Transactions from our network of agents, it’s good for the owners as they save advertising costs and it’s good for the buyer who can make a significant saving on the purchase.