PREETS REAL ESTATE

Features & Services

PREETS REAL ESTATE

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Profile

Specialising in the Sydney Market Preets Real Estate prides itself on having an extensive portfolio

of quality properties and loyal clientele. At Preets Real Estate you can find information on local

schools, weather, local information, links and other local resources for the Sydney area and its

surrounding communities.

Preets Real Estate can assist you with a variety of real estate services, such as assisting buyers to

find their next Sydney real estate property or Sydney home. Assisting sellers in leasing their

Sydney real estate property and getting the most for their Sydney real estate property.

Our Agency is dedicated to assisting you in your property transaction. Whether it be selling or

leasing, Preets Real Estate has the expertise and know how to achieve the best result for you.

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Agent Profile

Peter McGibbon – Principle

Agency Staff

Lucy Frango Sonny Soames General Manager and Licensed Real Estate Agent Senior Property Manager

Rafael Dome Miles Posti Senior Auctioneer Agency Support

With 30 years of Real Estate experience, Peter McGibbon has become Sydney’s premier

agent. Priding himself on protecting the interests of his clients Peter has gain a loyal portfolio

of clientele.

Peter is well respected in the local community for his high level of service and professional

track record. As the highest selling agent in his area Peter ensures that he works to provide

the best outcome for his clients.

As Owner and Principle of Preets Real Estate Peter heads a team of local Real Estate

Professionals who provide honest and high quality Sales and Property Management services

for you.

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Area Profile

This are is located 5 kilometres south of the Sydney Central Business District and approximately 7

square kilometres.

The population of the area is 11,000 people, this number is set to increase steadily showing stable

population growth.

The demographics of the area include 34.6% independent youth, 24.6% maturing and established

and 12.8% elderly singles.

Individuals in the area work within the professional services industry.

Currently, the median sale price of houses in the area is $950, 000. The median sale price of units

is $720,000.

The median rental price of houses in the area is $695 per week. The median rental price of units is

$600 per week.

Supporting the Community

Preets Real Estate has an active presence in the community and work closely with the locals on

projects and initiatives that promote the well-being of its people and the area. In working with the

local community we are able raise needed funds for worthwhile causes and make a real difference.

We proudly support the following:

Care for kids

Homes for People

Ashbury Sports League

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Market Snapshot

We are seeing a 12 per cent increase in house sales lifted overall activity to its highest level since

early July 2014.

This lift in overall activity is a welcome sign given that the market has been trending down since

July last year, however activity remains below the same time last year when the highest level of

house sales was recorded for 2014.

Listings for sale continue to increase slowly, passing the 13,000 mark, while the average selling

days for the three months to January saw the December quarter figure of 57 days jump to 63

days. This indicates some older stock is starting to move.

The increase in leasing activity is pushing rental listing stock down, resulting in the vacancy rate

for the three months to January dropping slightly to 4.1 per cent.

Comparable Sales

1/54 Lyton Grove, Viewville, 2000 $ 1,025,000 September 2014

349 Hometown Circuit, Ashbury, 2032 $ 950,000 October 2014

3 Yacht Place, Seaville, 2099 $ 850,000 November 2014

23 Yardvale Close, Viewville, 2878 $ 1,050,000 December 2014

30 Snoopton Drive, Ashbury, 2888 $ 780,000 December 2014

834 Vonte Street, Ashbury, 2777 $ 975,000 February 2015

Media and Marketing Methods

We will tailor a marketing campaign that meets your requirements and maximises the exposure of

your property.

Online advertising

Online advertising dramatically increases the exposure of your property, as most people head

straight to the internet when conducting their property search. This is because online property

portals are perfect for engaging buyers and showing off your home, as it allows people to flick

through floor plans and extensive photo galleries.

We use Property portals such as realestate.com.au and domain.com for both selling and leasing.

These tools are easily accessible and widely used by buyers and tenants. Your online

advertisement is just a click away for property hunters who are scouring the internet for their

dream home. In addition, the broad reach of online increases the exposure of your property.

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Print advertising

We also offer traditional forms of print advertising via print brochures, the local newspaper and,

our own Real Estate magazine which has a reach of approximately 8,000 potential buyers/tenants

weekly.

At Preets Real Estate we also utilise our extensive database of buyers and tenants. We market

your property using professional photography and video, copywriting and home staging. This

ensures that we create an effective strategy that engages your potential buyer or tenant.

Method of Sale

We will provide you with the recommendation as to the most suitable method of sale of the

property to suit your needs. The main methods of sale are:

Auction

A public sale of property where the highest bidder is normally the successful buyer. This is market

driven and has the potential to exceed expectation.

Private Sale/Treaty

A private sale has no specified closing date and is usually negotiated between a buyer and

vendor with the assistance of an agent or legal representative.

Expression of Interest

An expression of interest is similar to a private sale/treaty however a formal written offer must be

submitted for the property by a specific date.

Tender

A tender is a very formal sale process, which requires potential buyers to submit a proposal in

response to the request to the owner’s advertised tender. Given the complexity of this process, it

is usually only reserved for premium properties in the residential sector.

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Client Objectives

Professionalism

We will are governed by the Property, Stock and Business Act 2002 and associated Regulation

2014 to service our clients with the skill, judgement and behaviour that is expected of a licensed

Real Estate Agent.

Communication

Our Sales and Property Management teams are available to contact 24 hours a day, 7 days a

week. If unavailable, your Sales and Property Manager will attend to your message within 4

business hours and email within 1 business day.

Expertise

You will have one primary contact within either our Sales or Property Management teams. Each of

our staff members is highly experienced in the local area and will provide you with the correct

advice and knowledge required to complete a successful transaction.

Client’s best interests

We are driven to providing superior service by not only meeting our clients’ needs but also working

with them to anticipate potential challenges and opportunities to assure their success.

Long-term relationships

Retaining old clients is one of our main goals. Building these relationships is of great importance

and enables us to build long-term connections.

Reputation

Our campaigns emphasize our professional and quality service. We engage the public by answering

real estate questions in person and online so we can establish ourselves in the Real Estate market.

Privacy

We will respect the privacy of its clients and not disclose personal information to any third party

without consent.

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