How RARE helped
We packaged up a 70,000 sqft, 1970’s building to be attractive to potential purchasers and generated significant interest to create a competitive bidding scenario and achieved a price 20% ahead of market
Well done on getting the deal done today. Your tenacity and patience paid off. I would recommend having RARE on my side any day!
Paul Blyth, Director – Courdatus Real Estate
Business Objectives
- The Administrative Receivers appointed RARE as they showed a clear understanding of the process and reporting requirements.
- The Receivers needed to prove that the building had been fully and widely marketed and achieved the very best sale price.
- Proven Professionalism was very aspect of the job and where RARE's senior personnel showed capability and credibility.
What RARE did
- A detailed sales pack was produced showing factual information, market dynamics, investment opportunity and potential alternative uses.
- As targeted campaign identified the purchasers and RARE’s due diligence process singled out the purchasers best able to perform on price and timing.
- Through skillful negotiation and keeping pace with an improving market RARE received offers ahead of the initial anticipated price and were subsequently retained to advise on the refurbishment and re-letting.
