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Case study: Dream purchase made easy with speedy auction sale

By : 2018-01-26

45 Chedworth Auction case study image.jpgAt the end of 2017, Jeremy and Amber Bold purchased their brand new home in Flagstaff, following the sale of their property at auction for $35,000 over the reserve price. It was a collaborative effort along with their hard working Lodge Real Estate Agent, Nathan Smith, who successfully guided them through the auction process.

“We had a short time frame in order to secure our Flagstaff property so Nathan recommended going to Auction,” says Amber.

“It worked really well for us as it created the sense of urgency we needed. We had more than 80 groups through our house in three weeks which was crazy but awesome. Nathan also gave us good advice and saved us money by suggesting we didn’t need to do renovations we thought were necessary in order to sell. This was great. His communication was excellent throughout also.”

The high market exposure in the short three-week period afforded via the auction marketing process, rewarded them with well over 80 viewings and resulted in six registered bidders on the auction day.

Amber retells, “I was so nervous on Auction day but Jeremy was more composed. This is your biggest asset you know?! Nathan was sitting near us but also speaking with the vendors he had secured for us, keeping them in the picture. The bidding started - it was nerve-wracking! It (the bidding) then went a bit mad there-on in and before we knew it, the hammer went down and our house was sold! The results were far beyond what we ever expected.”

A week after auction, Jeremy and Amber went unconditional on their new modern industrial-styled home in Flagstaff and moved in three weeks later. They advised they were very happy with the auction process and also with the efforts of their Lodge Real Estate Agent, Nathan Smith

Buying at auction