John Stark the Principal of Allan Dale Real Estate since opening this business in 1970 has handed this opportunity over to me, Grisha Podinovsky, his full time sales manager since 1993. Our agency is a strong boutique office. We operate Sydney wide in sales, rentals and strata, with a combined full - time staff of 17 and additional employees in a support, part - time role. Language skills which benefit our dealings with a wide range of nationalities including Australian, Asian, and European, just to name a few. Our agency enjoys good main road position with plenty of local parking available for clients.
Since mid 2013 the residential market with the vital help of good agents, has generously rewarded our vendors with record prices. Our clearance rate at or before auction has been close to 100% for residential properties locally and Sydney wide. It is hard to deny that record prices have been achieved throughout the Sydney Metropolitan area due to strong inquiry, low interest rates, and competitive bidding. We believe and have proven that this can only happen at auction after the best marketing plan. As a 'vendor's agent' I am always self driven to get the best price. People skills and a killer instinct go a long way towards achieving the best results.
Mrs Mercia was the Executor of a derelict Heritage listed house which had no kitchen or bathroom and had been empty for 7 years. With a reserve price set at $1,000,000 ($950,000 would have been accepted) I sold this terrace at auction for $1,380,000 last year after 31 parties had registered to bid. This was an exceptional result as there were two Bank valuations obtained by interested parties and both were less than $800,000 due to the run down condition. The sale was an example of competition in the extreme, and the vendor's family and beneficiaries were close to fainting after the auction. So was I. These not so rare events make the job so rewarding and enjoyable.
This family with 2 children, now teenagers, had loved this home for 12 years but sadly had outgrown the space and wanted a larger yard. I sold their terrace at auction for $1,678,000 late last year. Their testimonial is a glowing reflection of their appreciation. With more than 50 other testimonials kept, I will be pleased to bring more of those of which I am most proud if invited to your property.
This was a sale in December 2014 and the unit was sold at auction for $760,000 which was well above the reserve price. I have had return business of approximately 30 properties from this vendor over a period of 8 years. The properties were located Sydney wide.
Altogether this track record and ongoing successful relationship with just one client is more important to me than a testimonial on its own.