80 buyers attend first Archerfield Open Home
More than 80 buyers attended the first scheduled Open Home of 140 Granard Road, Archerfield on Saturday, 16 May, 2020.
Coronis Agency Director Anthony Hunt said the 3 bedroom, 2 bathroom property, which only hit the market on Thursday afternoon for offers over $399,000 received more than 56 phone and email enquiries in less than 48 hours.
“We were absolutely inundated with buyer enquiries within 30 minutes of the property going live, with many buyers asking to schedule a private inspection on the Thursday night or Friday as they were eager to beat the rush on Saturday,” Mr Hunt said.
“In the end, I opened the property up on Friday afternoon and had nine groups of buyers turn up purely from responding to their calls and emails.
“At the Saturday Open Home, which was the first advertised inspection, it took more than an hour to get every one through the property due to the social distancing restrictions but on the whole, everyone was really understanding and willing to wait their turn.
“The general feedback I was receiving from most of them is that they want to buy something right now, despite everything going on with COVID-19.
“Many of them are first home buyers with pre-approval who are looking to get their foot on the property ladder and aren’t phased about going out in public to attend Open Homes. I think what they’re more concerned about is the lack of properties to choose from or how quickly properties are selling at the moment.
“By Saturday afternoon, we had received four offers and it was under contract by Saturday night for a price that exceeded our seller’s expectations so they’re very happy.
“140 Granard Road was beautifully presented but I think the main reason it was so popular with buyers is because it offers great value for money in a suburb only 15km from Brisbane CBD and buyers are willing to look outside of their desired suburb to purchase the right property.
“My message to people who are considering selling but holding off because they’re uncertain is don’t wait. In the past week, the Coronis sales team has received more than 1000 buyer enquiries and from that, 550+ groups attended an Open Home on the weekend so there is no doubt about it, buyers have a strong appetite to purchase now, they just need more options to choose from.”