504 Homer Street
Earlwood
- 2 bed
- 1 bath
- 2 car
SOLD
8th October 2022
The background
With 287 groups through the property and 67 contracts issued, Jim Nikolopoulos and Joseph Karam generated plenty of excitement about the sale of a potential-packed original two-bedroom deceased estate at 504 Homer Street, Earlwood.
Jim had enjoyed a strong relationship with the client for more than 15 years, meaning there was an established level of trust there. This was important as it was the first time the vendor had been through the sales process and they entrusted Jim to get on with it and do his job.
Strategies we employed in this campaign
Jim comments, “To assist with the sale we worked closely with the owner to clear out the property, reduce clutter and help minimise the stress of the whole process. We made sure to be as transparent as possible with potential buyers, providing a building and pest inspection report to show the genuine condition of the property. By opting to auction the property, it was an equal playing field for all of the many interest parties.
“Demand proved to be HUGE, with more than 25,000 online views! With an $885,000 price guide, it was a very attractive opportunity for those entering the property market to purchase a property of enormous potential. Of the $1.27m result achieved at auction on 8 October 2022, the clients commented that they were ‘IN SHOCK!’”
287
Groups Inspected
25
Days on Market
67
Contracts Issued
421
Enquiries