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April 20, 2011

Bambling Rural Celebrates 1st Birthday 15 April 2011 and Successful Year Selling Gympie Real Estate

Filed under: General News — admin @ 2:40 am

 

After a successful first12 months of trading, Gympie Real Estate Agents John and Amanda Bambling celebrated the first birthday of Bambling Rural gympierealestate.com.au with chocolate cake and a cup of tea at their real estate agency office located on Bruce Highway, Gympie.  Balloons, signs, and lots of chocolate marked the milestone for John and Amanda Bambling, their 3 children David, Elizabeth and Sally, dedicated staff members Mike Ostwald and Melinda Meerman as well as clients and friends who dropped in during the day.

Reflecting on the past 12 months in business for Bambling Rural, John said ‘we are very pleased with how far we have come this year given the challenging market and world economic climate of recent times.’  He said ‘Although there have been some slow times, we still have sold over $20.4 million in property over the last year, which to me indicates that contrary to the negativity in the media and on the street, there are still buyers out there for sellers who are prepared to meet the market.’

John went on to say ‘In my experience I have seen that buyers become sellers and sellers become buyers eventually. He said’ I believe the secret to succeeding in a slower market is knowing who is buying and where their circumstances are at any given point. 

He said ‘This is the advantage of being in the industry for long enough to know where the buyers are and what type of property interests them.  Another advantage is intimate knowledge of the properties and the history of the area which comes from years of experience buying and selling real estate in the Gympie Region and being able to draw on years of repeat business and loyalty from former clients and associates.’

Analysis of Sales statistics released by Bambling Rural and gympierealestate.com.au show that in the last 12 months the properties sold reveal a market where families are downsizing to reduce commitments, investors are taking advantage of lower prices and better returns and the lifestyle market starting to move again taking advantage of  lower property prices and value for money compared with Coastal or Brisbane markets.  A Summary of Bambling Rural and gympierealestate.com.au’s sales statistics and demographics shows:

Top 4 Reasons for Selling

Downsizing to reduce commitments – 50%
Relocating Health and Lifestyle –  23%
Expanding Business Investments –  18%
Upsizing current home/lifestyle –  9%

Top 4 Reasons for Buying

Small acreage Investors from Coast and Brisbane – 30%
Expanding farm and business investment – 30%
Larger acreage for better farming returns – 20%
Relocating Health and lifestyle upsizing and downsizing – 20%
   

In addition to these demographic factors, Bambling Rural and gympierealestate.com.au sales statistics show where the buyers for the last 12 months have been found:

Top 5 Sources for buyers

Agent Personal contacts/referral – 45.8%
Websites/internet –  25.2%
Qld Country Life – 12.5%
Signs –  8.3%
Walk ins Highway position  –  8.2%

John Bambling commented ‘Our sales statistics highlight an important message that is often lost when it comes to choosing an agent to market your property.  Number one is experience and knowledge your agent has of the people and the area and number two is a dominant online presence when it comes to sourcing the right buyer for your property.’

John and Mike went on to say ‘Often times it is the offer of free advertising cited as reason for choosing one agent over another. We believe, there is a lot more to it as can be seen, the majority of our sales result from personal contacts and referral, our website and online presence.  The remainder of buyers being sourced through the Qld Country Life, signs on properties and Walk-ins from Bruce Highway. ‘

John and Mike agreed that ‘The same goes for open versus exclusive listings.  Everybody in the industry knows an open listing may generate more enquiry, however, does not necessarily translate to a sale or a better price.  Time, attention and motivation in a competitive market makes sure that exclusive listings get exclusive attention.  Our own sales statistics supports this showing that exclusive listings represented 64% of the value of our sales for the last year.

For more information on listing, advertising and selling Gympie real estate with Bambling Rural gympierealestate.com.au contact 07 5482 3666, via email on Bamblingrural@gympierealestate.com.au, visit our website on www.gympierealestate.com.au or drop in to see us on Bruce Highway, Gympie (next to pizza hut). Or visit our new websites:

www.bamblingrural.com.au
www.gympieruralrealestate.com.au
www.gympiefarmsonline.com.au

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