New data released from PropTrack shows that the average time on market for properties in the Greater Geelong region is 45 days (or 6.5 weeks). More than ever, this underpins the importance of getting the price right from the outset or risk lingering on the market for much longer and watching your competitors selling their homes first.
Our experienced agents will price your home based on recent comparable sales in the immediate vicinity and their extensive knowledge of the area and the market. Agents who inflate the price to win your business will set about looking for price reductions almost immediately into the campaign but the damage will be done. More than ever buyers are doing their research and overpricing the property from the outset will hinder the ability to get the best price possible in the market.
Market value is not determined by the amount a seller needs to buy their next property or by what they paid for the property (or any other future financial objective the seller may have) but by the amount a willing buyer at arm’s length from the seller is prepared to pay on any given day and our aim is to ensure our clients get the maximum in the market.
