Does the agent have to be located in the same suburb to be effective at selling my property?
The internet has changed everything and real estate was one of the first markets to change as a result of its power. In the early 2000’s real estate was one of the top 5 search categories on the internet.
Now all our inquiries typically contacts us by email or phone, they meet us at the property to inspect and we negotiate by phone and sign contracts by emailing and express post. So back to the question, does an agent need to be nearby to sell a property? Answer, no.
In the City of Ryde (the Ryde Municipality) the proportion of property sold and managed by agents whose office is outside the boundaries of the municipality is up around 40%. The sale prices are no better or worse than the local agents. We have sold property in North Sydney, Hornsby and Glebe. We manage property in Penrith and the City.