- jasenshiqi
Previous Agent Marketed For 5 Months Without Any Offer. We Sold It In 2 Months At A RECORD PRICE!
Updated: Apr 24, 2022
Mr & Mrs Ong are planning to decouple and each own one private property after selling their EC when it reached its Minimum Occupation Period (MOP). When they first called us, these were their exact words:
๐ข โ๐๐ช๐ง ๐๐๐๐ฃ๐ฉ ๐๐๐จ ๐๐๐๐ฃ ๐ข๐๐ง๐ ๐๐ฉ๐๐ฃ๐ ๐ค๐ช๐ง ๐ฅ๐ง๐ค๐ฅ๐๐ง๐ฉ๐ฎ ๐๐ค๐ง ๐ฉ๐๐ ๐ฅ๐๐จ๐ฉ 5 ๐ข๐ค๐ฃ๐ฉ๐๐จ ๐๐ช๐ฉ ๐ฉ๐๐๐ง๐ ๐๐ง๐ ๐ฃ๐ค ๐ค๐๐๐๐ง๐จ! ๐๐ ๐๐๐ซ๐ ๐๐๐๐ฃ ๐๐ค๐ก๐ก๐ค๐ฌ๐๐ฃ๐ ๐ฎ๐ค๐ช๐ง ๐๐ฝ ๐๐๐๐ ๐๐ฃ๐ ๐ฌ๐๐ฉ๐๐๐๐ ๐ฎ๐ค๐ช๐ง ๐๐ค๐ข๐ ๐๐ค๐ช๐ง & ๐๐๐ช๐๐๐ฉ๐๐ค๐ฃ๐๐ก ๐๐๐๐๐ค๐จ ๐๐ฃ๐ ๐ฌ๐ ๐ฌ๐ค๐ช๐ก๐ ๐ก๐๐ ๐ ๐ฎ๐ค๐ช ๐๐ช๐ฎ๐จ ๐ฉ๐ค ๐๐๐ก๐ฅ ๐ช๐จ ๐ฉ๐ค ๐ข๐๐ง๐ ๐๐ฉ ๐ค๐ช๐ง ๐ฅ๐ง๐ค๐ฅ๐๐ง๐ฉ๐ฎ.โ ๐ข
These were their exact words when Mr & Mrs Ong called us back in December 2020. We met up January this year to understand from the owners what problems they faced and what exactly happened in the past 5 months of marketing their property.
5 main frustrations they faced :
1. Low frequency of viewings
2. Agent keep telling them there are a lot of units selling within the project and they should reduce their selling price
3. Mismatched buyers; agent did not filter the buyers and their budget before arranging viewing
4. Lack of communication between them and the agent
5. No substantial plan and direction from the agent
After talking to them and understanding their situationโฆ
1. We did a Competitive Market Analysis (CMA) to study the project internally and also compared the project with neighbouring projects in the area to better understand the current market demands.
2. We found a unique selling angle for them through our *ADVANCE Seller Manual* to give our unit a competitive edge over the other units in the development, hence maintaining their asking price.
3. We carefully scripted a Home Tour Video for potential buyers to view the unit before coming down for the actual viewing. This step is crucial as the buyers who came down for the physical viewing had already seen the unit virtually and shortlisted the unit as one of those in their โto-buy listโ.
4. We update them regularly on the progress of the viewings and what are the feedbacks given by the viewers.
5. We also calculated their finances to make sure they are able to own 1 private property each comfortably after selling their EC as we do not want them to overstretch and feel stressed out about the monthly instalments.
After sharing with them our *ADVANCE Seller Manuel* and our step by step marketing strategies for their unit, they agreed to work with us hand in hand in order to achieve the targeted price that they want to achieve.
Long story short, we did a round of makeover to the place, touching up the walls and changed a few furnitures to bring out the functionality of the area. We also took a video home tour and targetted specifically the buyers that we feel will appreciate our unit on social media using our precise online marketing techniques. A few groups of serious buyers came down to view the place and after many many rounds of negotiation...
We are extremely excited to share that ๐ข๐ง ๐ฅ๐๐ฌ๐ฌ ๐ญ๐ก๐๐ง ๐ ๐ฐ๐๐๐ค๐ฌ, ๐ฐ๐ ๐ก๐๐ฏ๐ ๐ก๐๐ฅ๐ฉ๐๐ ๐ญ๐ก๐๐ฆ ๐๐๐ก๐ข๐๐ฏ๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐ of $110,000 more than their neighbour on a higher floorโผ๏ธ We managed to get their EC a PSF of $1,015.12 which is the selling PSF of a neighbouring condominium!!!
Seeing how excited they are when they received the offer made us extremely motivated to help similar owners out there who are facing the same frustrations of having no offers for your property after selling it for a long time, and are eventually forced to lower your selling price.
We sincerely thank Mr & Mrs Ong for believing and trusting us with their property journey!
If you are in a similar situation as Mr & Mrs Ong, or are currently thinking of upgrading/selling your property, click the link below to connect with us. We are happy to share more with you! See you soon!
Chat with us on WhatApp >>> https://wa.me/6588623362