Marina Da Gama Market Review | 2017 - 2018
Category News
This is what Mr Samuel Seeff said a year ago -
"OVERVIEW OF THE PROPERTY MARKET OCTOBER 2017
We would certainly now advise serious sellers to become more negotiable as we are finding that buyers are simply walking away, rather than overpaying. The agents say sellers who hold out for unrealistic prices are going to sit for longer periods with what they deem unacceptable offers while the willing buyers will simply go where sellers are more negotiable.
"Sellers should realise that the market has shown time and again that the first offer is likely to be the best price the seller will get, especially during a weak economic phase such as now. It may even be the only offer the seller gets right now, never mind a higher offer that they might hold out for," say the agents."
MARINA DA GAMA STATS - PROVIDED FROM LIGHTSTONE.
- There have been 48 registrations completed from November 2017 - October 2018. Compared to the 78 that were completed from November 2016 - October 2017.
- There are 51 Properties for sale in the Marina Da Gama of which more than 46% are situated on the waterfront.
- Average turn around to sell a property which is priced right is 77 days.
- There are listings that have been on the market from January 2018 - is yours one of them?
- Competitive pricing is the key to a challenging market
- Know your competition - Sellers need to go look at their competitors homes - I can arrange for you to go view your competitors homes.
There are serious buyers that are looking for market related priced homes, Is your home in a ship shape condition? Here are some pointers - Remember, your competitors are doing this:
- Recently painted
- Clutter free
- Garden in a manicured condition - Plant flowers
- Ensure dishes are washed & packed away
- Fix all the " will do it later" items on your to do list
- Pick up all toys and pack away clothing
ACHIEVING SUCCESS
- Get a market related valuation
- Price right with market related prices - avoid "REDUCED"
- Be more proactive to achieve the maximum selling price - Ensure your home to be show ready at all times.
- Do a bit of research when it comes to picking a realtor - Go onto property 24 to see which Agents are the most successful in your area as well as area specialist Agents.
Home is our Story and property our passion.
To discuss your next property move, be sure to contact me.
Steven De Villiers | +27 82 419 7779 | steven.devilliers@seeff.com
Author: Steven De Villiers
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