Modern Downsizer home in St Ives bought in 3 weeks

9 Jan

Written By Billy Gleeson – Founding Buyer’s Agent

Contemporary living room interior with plush sofa and open view to the garden

▉ REGION: UPPER NORTH SHORE
▉ CLIENT: DOWNSIZERS
▉ BUDGET: $2.5M

Webb & Co. purchased a modern downsizer home in St Ives under fierce time pressure and competition

Background

Webb & Co. recently assisted downsizers with a looming settlement deadline secure their next home in the St Ives property market. After selling their large family home in Turramurra, the clients sought a more manageable and low-maintenance property in St Ives, necessitating a targeted and efficient approach from Webb & Co. to meet their specific needs.

Challenges

The team faced three distinct challenges in this endeavour:

Tight Timeframe: The clients were operating under a strict deadline due to the impending settlement of their family home of 20 years. This tight timeline of only 6 weeks imposed significant pressure to identify and secure a new property swiftly.
High Market Competition: St Ives, known for its desirable properties, presented a highly competitive market. The challenge was not just finding the right property but doing so in a market where multiple buyers were likely vying for the same homes.
Client's Specific Requirements: The downsizers had particular needs for their new home - a property that was both manageable in size and low in maintenance. Finding a home that met these criteria in a competitive market added an extra layer of complexity to the property search.

Strategy

Addressing these challenges, the Webb & Co team lead by Principal Buyers Agent Annabelle Webb and Founding Buyers Agent Billy Gleeson took an aggressive and proactive approach. They focused on directly targeting and sourcing multiple off-market and pre-market homes, thus broadening the scope of potential properties suitable for the clients. This strategy was essential to stay ahead of the competition and to meet the tight deadline.

Outcome

Their diligent efforts led to the identification of a property in St Ives that suitably aligned with the clients' requirements. Webb & Co. successfully secured this property ahead of fierce competition, negotiating ideal settlement terms for a simultaneous settlement. This ensured a smooth transition for the clients, allowing them to move into a home that met their needs for downsizing, within the necessary timeframe, and without the stress of market competition.

Upper North Shore

Billy Gleeson – Founding Buyer’s Agent

Billy Gleeson has been a resident of the Lower North Shore for more than 20 years, living and breathing real estate in the area since his early childhood.

Having lived in both the United States and London, Billy has extensive experience consulting for some of the world’s largest brands, in the marketing, media and not-for-profit industries, and now brings his passion for success to Annabelle Webb’s team.