Summary
We were appointed by our client to explore possible sales strategies for their office located in Surry Hills, which they had leased through their SMSF. Our aim was to achieve a successful sale while minimizing disruption to their thriving business. To achieve this, it was crucial to find the right agent who could understand the brief and handle the sale with expertise. After a rigorous screening process, we appointed a selling agent who met our standards.
Key Points
The agent faced a challenging situation as the investor market was subdued due to Covid-related disruptions and rising interest rates. Our team closely collaborated with the agent and vendor to troubleshoot any issues that arose during the process. Despite some initial setbacks with potential buyers facing finance approval issues, the agent eventually secured a buyer who offered a price within the quoted range. This was a favorable outcome for our client.