Large family home in Riverview purchased ahead of strong competition

14 Oct

Written By Billy Gleeson – Founding Buyer’s Agent

▉ REGION: LOWER NORTH SHORE
▉ CLIENT: TEEN FAMILY
▉ BUDGET: $3.2M

Securing a large family home in one of Sydney’s most in-demand markets.

Background

A recent client of Webb & Co. Buyers Agency found herself in a time-sensitive situation after selling her property in Longueville. With the settlement date fast approaching, our team was tasked with purchasing a new home in a local area to avoid the stress of temporary accommodation. Her key priority was to find a property that suited her family’s needs with room for uplift, while navigating the competitive and fast-moving real estate market.

Challenges

The primary challenge was the tight timeline imposed by the impending settlement deadline, which left little room for error. Adding to this pressure, the market was experiencing low stock availability, with fierce competition driving up prices across Riverview & surrounding areas. The scarcity of suitable properties meant most properties were sourced off market, with the majority of on-market listings garnering prices far above their quoted guides.

Strategy

To address these challenges, our team of buyers agents implemented a two-pronged strategy designed to find the perfect home within the limited timeframe:

Uncovering Off-Market Properties: Leveraging our extensive network of local agents and contacts, we quickly identified multiple off-market opportunities that hadn’t yet been publicly advertised. This proactive approach gave us a critical advantage in viewing properties before they reached the wider market.
Understanding Client Preferences: We worked closely with our client to understand her priorities—whether it be space, location, or lifestyle amenities—and fine-tuned our search accordingly. By presenting a range of suitable options early on, we gained valuable insight into what type of home she was most suited to buying.

Outcome

Within a short span of time, we successfully purchased a beautiful property in Riverview that aligned perfectly with the client’s lifestyle needs. The home provided a seamless transition from her previous property and was secured below our appraised value of the home, despite competitive market conditions.

Our client was not only relieved to have met her settlement deadline but was thrilled with the outcome, praising the speed, strategic approach, and personalised service provided by Webb & Co. Buyers Agency.

Lower 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.