Buyer’s agents can be an invaluable resource especially in challenging markets. Services can be tailored to suit from shortlisting suitable homes and organising building inspections to negotiating on behalf of the client and overseeing contracts. We’ve achieved a number of excellent results recently through buyer’s agents.

Thomas Keenan secured the off-market sale of a beautifully renovated semi in Bondi Junction last Friday. Thomas says, “We achieved a fantastic result within just 48 hours through a buyer’s agent working for a client keen to buy in the area. The deal was turned around quickly with two private showings in two days. One of the major benefits is that buyer’s agents usually work with qualified buyers who are ready to move quickly for the right property.”

With the restrictions to help stop the spread still in place, this can be especially beneficial as our agents can show buyer’s agents through a property first so they can access their client base of qualified buyers when a listing matches their search criteria. Strong results are still being achieved with Alexander Phillips securing the sale of a beachside apartment in The Cadigal building, the former Bondi Diggers, at 4/232 Campbell Parade, Bondi Beach for $4.1m through a buyer’s agent.

There’s good news too for savvy buyers who are in a position to take advantage of recent pricing adjustments in light of the impact of coronavirus on the market. A good example is David Tyrrell’s listing in The Pacific at 215/180 Campbell Parade, Bondi Beach which was originally listed at $5.5m-$6m and now has a buyer’s guide of $5m with the last sale in the landmark building achieving $6m in February this year.

Mary Anne Cronin’s listing at 1/115 Wellington Street, Bondi Beach was initially expected to achieve $2m and is now listed with a guide of $1.7m-$1.8m. Offering exceptional value, Mary Anne’s beachside garden apartment at 6/125 Mount Street, Coogee was purchased in 2017 for $1.122m and has since been renovated and is now listed for sale with a guide of $1.1m.

We’re meeting plenty of active buyers and sales are still being achieved with the market transitioning smoothly into the new way of transacting. By pricing our properties right, our average days on market is 19 which is in line with our pre-lockdown figure. Buyers arranging private inspections are genuine and motivated and, since last Friday, the team has achieved nine sales and listed 13 new properties. Take care, stay safe and keep connected.