Katrina Parrington

Mortgage & Finance Broker, Elders Home Loans – Northern Territory – P. 8932 8900

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  • Elders Home Loans

  • Katrina Parrington

    I am a long term Centralian resident with more than 18 years experience in the financial services industry. Initially, in Real Estate in Adelaide before pursuing a career with Elders Insurance Alice Springs and lending roles with major banking institutions where I gained extensive experience in Home Loans and Commercial Lending here in the Alice and in Darwin.

    I have a unique set of skills that ensures I understand your lending needs and can provide you with professional advice and personal service.

    Tel: 08 8953 8800
    email: katrina.parrington@eldershomeloans.com.au

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From our latest newsletter. Just visit E

Posted by Katrina Parrington on September 22, 2013

From our latest newsletter. Just visit Elders Home Loans NT FB page to subscribe.

Sell Early for Best Results
Should you accept an early offer on your home or hold out for a better price?
According to a recent study by RP Data, the longer you wait, the less you may get. It seems a quick sale is a good sale, with quick sales experiencing low levels of discounting while properties that sit on the market for longer typically see excessive levels of discount.
Over the past five years, homes that sold in less than 30 days recorded an average vendor discount of 3.9 per cent. Homes that sold between 30 and 60 days attracted an average discount of 5.2 per cent while homes sold after more than 120 days on the market were discounted by 10.1 per cent.
While not every home is going to get an offer within the first 30 days, a property is most likely to receive offers when it is newly listed for sale. Buyers rush out to see a newly listed home – they know the market and are ready to move on the right home. For this reason it’s important for sellers to set a realistic price in order to get a quick sale with a low level of discount. The longer the property is on the market, the more its perceived value erodes as buyers start to wonder why it hasn’t been sold.

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