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The new principals of Raine & Horne’s Dee Why/Collaroy office are set to make use of the high-in-demand hotspots coming into the spring season.
Aaron and Skye Raco, who have just been appointed the new principals of Raine & Horne Dee Why/Collaroy, said they couldn’t take over at a better time, with the upcoming season in addition to recent APRA lending changes fuelling strong interest in the Northern Beaches market.
“Since the election and the APRA lending changes, we’ve seen a surge in groups at open homes of between 30 [per cent] and 40 per cent, as well as a 20 per cent increase in the number of genuine buyer offers for properties,” Mr Raco said.
“Moreover, where buyers were making offers on several properties hoping for a bargain, they are now zeroing in on single properties and making stronger offers to ensure they get the homes they want. This is due to a tightening of listings and fewer days on the market for many properties.
“We expect the trend for more genuine buyer offers to continue as the weather starts to warm up, so we expect robust spring and summer markets.”
Mr Raco, who brings 15 years’ experience to his new role, said he is excited to expand his career into business ownership, noting the vast activity occurring in the area is a pivotal driver moving forward.
“I started in the industry in 2004 and have a great knowledge of selling residential homes and established apartments, as well as project marketing and development sales,” he explained.
“Project marketing represents around 50 per cent of my sales, and we have plenty of off-the-plan opportunities in the wings for owner-occupiers and investors in Dee Why and surrounding suburbs.”
ABOUT THE AUTHOR
Emma Ryan
Emma Ryan is the deputy head of editorial at Momentum Media.
Emma has worked for Momentum Media since 2015, and has since been responsible for breaking some of the biggest stories in corporate Australia, including across the legal, mortgages, real estate and wealth industries. In addition, Emma has launched several additional sub-brands and events, driven by a passion to deliver quality and timely content to audiences through multiple platforms.
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