If home buyers and vendors were to believe the negative spin currently being placed on the Merimbula real estate market they could be forgiven for deciding to withdraw from entering property transactions.
Fisk & Nagle First Choice Real Estate has either bucked the rumoured trend or have managed to price property accordingly so that it meets market value.
Don Peterson, Principal of Fisk & Nagle, said today that July 2011 was the best July for the business in five years. The property market, particularly in the $350,000 to $430,000 market, has been extremely positive with turnover time halving over the past six months.
Don attributes the successful sales period to pricing property correctly in order to meet the market. This has been achieved by conducting thorough and accurate research. Don believes that the market dominance achieved by two shop fronts in the Merimbula and Tura areas is also a contributing factor.
Buyers are responding positively to properties priced at the right price and the convenience of local offices.