All puns aside the market is going gangbusters right now with every property receiving multiple offers and three record prices set in the past three months in three separate blocks. the secret? supply and demand. With a very limited number of good quality properties for sale and some lackluster marketing from agents who have bought into the newspapers spin on a declining market We are finding both buyers and vendors are coming to us for the reassurance that now is the right time to be transacting on the right type of properties in Real estate.

Straight out of the gate in 2012 we were surprised by the levels of interest across the board for the properties we had advertised. Some speculated that with many other Real Estate offices and agencies on Christmas holidays that some buyers had nothing else to inspect  But would all that interest translate into results?

Well last week we found out. With out first Auction of the year scheduled to fit in before Australia day we were hoping for a great crowd, but it was not to be with buyers not wanting to have to battle it out on Auction day deciding to make offers prior, once the owner had decided that we had at least one offer that they would accept even if nothing else came along I got on the phone and called all 136 inspections ( apologies for those of you I reached quite late on Thursday evening).  So it was with 7 offers in hand the owners and I sat down the next day and decided who would be the new owners of 5/21 Hotham St.

It goes to show that there is never a wrong time to market the right property in the right way. I look forward to the new year ahead.