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Thank you for the opportunity!

Dear Erica and Noel

Thank you for the opportunity to appraise your family’s property. It is often difficult to know what an owner wants or expects from us as an agent at our first meeting. In an endeavour to introduce myself and First National Metro I have compiled this booklet which includes a brief overview of our office and the activities we undertake.

For your information I have also provided a comparative marketing analysis from RP Data. The analysis contains relevant information to assist in assessing the value of your property in the current market. I hope you have been happy with the service today and I look forward to being of continuing service to you.

Yours sincerely,

Geoff Dowling Director

INTRO

On today's visit, most importantly, I will need to evaluate your property. The appraisal will be based largely on comparable properties that have recently sold and those that are currently on the market, as well as my professional assessment of the property.


Introducing First National Metro

First National Metro is fortunate to have a dedicated support team that ensures all quality assurance systems are followed. Our office utilises the latest technology to maintain our database and to keep in contact with customers and clients. Responding to feedback and strategically improving our service is embedded in First National’s philosophy - ’We’re Listening’. The First National Metro team relies on years of experience and local knowledge. This expertise has empowered our staff with the ability to remain one step ahead. Our success is continually demonstrated through sales and positive client testimonials. Our professional conduct is also recognised annually with industry and group awards. Above all, we recognise our responsibility to our client, you, the Seller, in every dealing we have. We really do ‘Put You First’.

Geoff Dowling Director

INTRO

First National Metro is a well-established agency which employs over 30 real estate professionals. We have dedicated Residential Sales, Commercial and Property Management Departments. The combination of both Residential and Commercial sales provides a sizeable database of loyal clients and customers who are always looking for new opportunities. Our Residential Sales Team is highly skilled in the sales process and possesses a wealth of marketing expertise. Our staff secure the latest facts and figures in order to provide an accurate assessment of the market. We aim to get it right the first time and our results speak for themselves. In the last three months we have produced over 80 sales and set the benchmark for prices in many complexes and suburbs.


Working for you Experience, Energy and Integrity!

Geoff Dowling

Michelle Fuller Property Consultant Over 11 years experience

AGENTS

Director 20 years + experience


Recent Sales 15/11 Manning Street, South Brisbane

301/14 Cordelia Street, South Brisbane

80/37 Duncan Street, West End

65/37 Duncan Street, West End

6/53 Thorn Street, Kangaroo Point

RECENT SALES

55 Abingdon Street, Woolloongabba


Recent Sales 3/3 Indooroopilly Street, Dutton Park

1/20 Anthony Street, West End

4/49 Qualtrough Street, Woolloongabba

25 Waterview Terrace, Dutton Park

171 Park Road, Yeerongpilly

RECENT SALES

10 Beattie Street, West End


Over pricing can be costly! Real Estate agents are working with buyers who have seen what is currently on the market and are waiting for something new to be listed. Therefore, most activity will take place in the first 30 days of listing. Your property will most likely receive its highest and best offers during this time. After this initial period, the only people to look at your home will be new buyers in the market place and buyers brought through to compare to other properties. If your property is overpriced it makes other properties appear “bargains�.

ACTIVITY

ADVICE

The chart below shows the relationship of the amount of activity to the time a property is on the market.

1

2

3

4

5

6

TIME IN WEEKS

7

8

9

10


Sale price

Commission (inc. 10% GST)

Sale Price

Commission (inc. 10% GST)

$250,000

$7,370.00

$900,000

$25,245.00

$300,000

$8,745.00

$950,000

$26,620.00

$350,000

$10,120.00

$1,000,000

$27,549.50

$400,000

$11,495.00

$1,100,000

$30,299.50

$450,000

$12,870.00

$1,200,000

$33,495.00

$500,000

$14,245.00

$1,300,000

$36,245.00

$550,000

$15,125.00

$1,400,000

$38,995.00

$600,000

$16,995.00

$1,500,000

$41,745.00

$650,000

$18,370.00

$1,600,000

$44,495.00

$700,000

$19,745.00

$1,700,000

$47,245.00

$750,000

$21,120.00

$1,800,000

$49,995.00

$800,000

$22,495.00

$1,900,000

$52,745.00

$850,000

$23,870.00

$2,000,000

$55,495.00

REIQ Commission 5% of the first $18,000 + 2.5% off the balance of purchase price + GST

e & oe

COMMISSION TABLE

Commission Table


Our promise to you...

Thank you for taking the time to assess the information contained herein ... Your positive participation in the sale of your property is paramount to a successful result. I sincerely hope you are happy with our services and look forward to being of continuing service in the future.

Yours sincerely,

Geoff Dowling Director

Level 1, 220 Melbourne Street South Brisbane QLD 4101 Telephone 07 3840 5916 Fax 07 3840 5999 Mobile 0408 00 00 88 Email: michellef@metrofn.com.au


Suburb Profile - Spring Hill Brisbane's oldest suburb and right next door to the CBD, Spring Hill continues to attract buyers with its unique appeal.

Spring Hill is continuing with the makeover that started more than 10 years ago. Many older homes have been immaculately restored or new, architecturally designed homes have been built in their place. The area attracts renters who want proximity to the city and this assures the area of continuing investment potential. The suburb is particularly popular with Brisbane's professionals and attracts strong interest from those who want the benefits of near-city living. Source: REIQ

Statistics - Spring Hill

Units

Houses

$390,000

$637,000

Days on Market

105

199

Average Discount

8.2%

SNR

Number of Sale (12 Months)

130

34

Highest Sale

-

$2,200,000

Lowest Sale

$74,000

-

44.4%

SNR

Median Sale Price

Auction Clearance Rate

SUBURB PROFILE

Being directly north of the CBD and its adjoining suburb, it is only minutes away from services and facilities, as well as the nightspots of Fortitude Valley.

SPRING HILL

Benefiting from the enormous interest in near and inner-city living, Spring Hill sits north of the CBD bounded by a railway line next to Gregory Terrace, Wickham Terrace, parts of Ann Street and St Pauls Terrace, and Warry and Kennigo Streets.


About First National Metro