Established in Five Dock in 2011 PRB Real Estate was founded on an in-depth knowledge of the local market, client-focused sales, personal involvement within the community, and a real passion and commitment for the inner west lifestyle. Since then, the business has expanded from property sales to include property management.
With a reputation for ethical and innovative sales, customer service excellence and ‘out of the box’ thinking, Joe and Marcello deliver creative ideas on how best to market your property and drive successful negotiations.
Visit the office or call on (02) 9712 3938 and enjoy the energy and passion that is synonymous with PRB Real Estate.
One of the most effective methods of maximising the sale price of your property would be to sell by Public Auction. We would expect that there would be considerable demand for the property if presented to the open market and the competitive nature of an auction will ensure that we achieve the highest price.
¦ Competitive Bidding
This makes the buyers bid against each other rather than try and pull your price down. This means the negotiations are always in an upward direction.
¦ Eliminates the Pricing Issue
The reserve price for an auction is usually set just before the auction. Therefore, we will have the benefit of receiving 4 – 6 weeks of market feedback to help us determine the true selling value of the property.
¦ Places a Time Frame on the Selling Process
Private Treaty selling is an open –ended sale process that can continue indefinitely, whereas with an auction the buyers have a set time frame to work within. This ensures that all buyers give the property their full attention during the selling period, culminating in a process that is focussed and successful.
¦ Purchase Prior to Auction
The auction process offers buyers the option to negotiate a purchase before auction. The buyer is then required to complete all formalities prior to the auction date. The benefit of this is being in control of the price, plus the confidentiality of the buyer and price.
¦ Post Auction Sale
If your property is not sold at Auction which is a possibility, our statistics tell us that if correctly priced the property will sell with 14 days. Another interesting fact is that an Auction Property is on the market for approximately 42 days on average compared to Private Treaty Sales which are on average, available for 84 days before a buyer is found.
¦ Unconditional Sale
There is no cooling – off period for purchasers. Contracts are signed and the deposit paid as soon as practical after the fall of the hammer.
I just wanted to take the time to thank you and your team for the effort that went in the sale of our property.
Both Robert and I are extremely happy with the outcome & truly believe you got us that "high end" price that we were after. We appreciate all your time that went in between phone calls, weekly visits and overall management. From the start we were confident that we chose the best real estate agent as there was never a point where we didn't trust your knowledge & judgement. We can't recommend you highly enough - your a new team that shows great professionalism & expertise in what you do. Your a real asset to your industry and lets not forget to mention how sharp you boys look when you do an open house!
To show our gratitude Robert and I would like to take you, Joe and partners out to dinner to celebrate the successful sale thanks to you boys.
On behalf of my wife and I, we have great pleasure in writing this letter to thank you and your team at PRB Real Estate for your great efforts and fantastic result in the sale of our home.
The manner in which the property was marketed and sold is a credit to you and your agency. Your ability and professionalism was outstanding throughout the whole auction process.
We have no hesitations in recommending you and your agency to any prospective client and take this opportunity to wish you all the very best in the future.
Marcello was an excellent and trust worthy agent. Throughout the process of selling our property he kept me up to date with emails and calls and really listen to what I wanted. I would definitely recommend this agent!