There are many reasons, why properties are taken off the market and one of the main reasons is that the asking price was way too high from the start.
You will notice that when properties have been taken off the
market, more often than not, the median price is higher than that, of
comparable sales.
Here are some other reasons why listings may be cancelled:
· Overpriced –resulting in too many low ball
offers
· Too long on the market- sellers will take it off
and then re-list as a "new listing”
· Vendors change the agent- they may not have been
happy with the agent etc
·
Remorseful seller- seller may change their mind
about selling, for whatever reason
· Maintenance Request by a potential buyer- if a
seller does not want to comply with these requests, they may take the property
off the market
At RealRenta,
we make it our business to work with Australia’s premier property developers
and, in doing so, are able to help you identify, understand and assess the
potential capital growth, rental return and tax benefits of your next
investment.
We’re focused on getting you
priority access to developments in Australia’s fastest-growing suburbs.
We currently have an extensive
selection of new projects, house & land packages, townhouses,developer
specials, one off price reductions and rebated stock.
Speak with us today for the
latest offerings.
If you are looking to invest in
property, or have clients looking to invest in property,
We can help find great returns
and growth across Australia, contact us for a chat today: propertysales@realrenta.com
Need a property loan?
Contact
propertyloans@realrenta.com
Marlene Liontis
Wednesday, 23 October 2019
