Dear owner,
Supply and demand plays the biggest role in determining if a property can sell or not. Valuation is only 1 small consideration to supplement the purchasing decision from a purchaser's perspective as they may need financial loan therefore bank need to be able to support in terms of matching the valuation.
In most of my assignments, prior to kickstarting the marketing campaign, I will always make it a point to run through the recent transactions of the project to understand the price range of similar units that has been sold, the number of similar units that have been sold within the past 12 months time frame, and the number of similar units that are on sale currently.
This will give us a better understanding on who the competitors are, how are they pricing their properties, and also whether are there enough prospective purchaser pool out there for a similar unit like yours based on the average number of transactions over a 12 months period. If there are only 1 or 2 similar transactions a month, but there are more than 10 units listed on the market, we will roughly know that the supply is way more than the demand in market, and adjustments may need to be made.
Any improvements made to your property physically will definitely enhance the vibes of the property during viewing, therefore increasing the chances of finding a matching buyer.
Understanding the market and the ability to anticipate how to position your property will be the key in having your property sold efficiently, and that is why despite a challenging market conditions where developers are enticing agents to push purchasers to new launch projects by offering sky high commission, I am still able to close resale transactions within 1 month period, with the fastest transaction being done 4 days after marketing the property.
I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.
I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.
Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my clients’ portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
Please feel free to reach me from my website www.geryllim.com or connect with me directly on my mobile phone at
81577565
.
I look very much to hear from you soon.
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore
Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
My self introductory video on https://www.youtube.com/watch?v=uZ6REQfdGSw
Regards,
Geryl LIM
Consultant - Director
Century 21
CEA Reg R014783H
www.geryllim.com
Mobile:
+65-81577565
/+65-92787772
Email: geryl7772@gmail.com
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