The Unprecedented Power of Auctions

October 6 2023

If recent history is anything to go by, the first quarter of the new financial year provides a taste of things to come as the weather and the market heat up on the Gold Coast.
The Unprecedented Power of Auctions

Results for the September quarter showcase the exciting success of auctions when the sales strategy and marketing are executed by an experienced agent.

The Kollosche team broke new ground in Q1 by achieving price points not previously thought possible under the hammer.

5 MCMILLAN COURT | Kollosche

The record-breaking $24,800,000 sale of 5 McMillan Court in Southport, led by Kollosche Selling Principal Michael Kollosche in collaboration with Sam Guo and Julia Kuo, on 22 September was the highest residential sale at auction in Queensland.

That result marginally trumped the $24,000,000 achieved under the hammer for 59 The Corso, Isle of Capri on 14 July in an outstanding effort from Sam and Julia, alongside Kollosche agent Claire Dai.

The stage is now set for glamourous Benowa Waters mansion, The Lakehouse, to be auctioned onsite tomorrow at 12pm. A crowd is expected following a comprehensive marketing campaign by Sam and Julia.

Transparency Breeds Trust

For those considering selling in the next few months, it pays to consider what the role of your agent is and how that can directly impact the result achieved for your property.

The simple fact is, agents can’t predict if the market is going up or down, their role is to generate as much buyer competition as possible and ask every single potential buyer who walks through your door this question:

Based on your knowledge of the current market, where do you see value in this home?

Your agent should be communicating that feedback and all official offers with you, so that you are educated to make an informed decision on an acceptable sale price.

At Kollosche, we believe that trust is built on transparency, communication and proven processes. As we enter a new quarter, our team looks forward to working with you to achieve the best possible price for your property.

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