15 June, 2023 / Case Studies
The Brief: Our clients were looking for a modern family estate in Brighton.
Sale Type: Off-Market.
The Challenge: When we started negotiations, their asking price was high, so we made an offer below the market to allow us room to bridge the gap. We knew the vendor needed some money from the property’s sale quickly; however, the property was tenanted, making settlement long and complicated. We offered a higher deposit with an early release clause to get the vendor to adjust their price.
The Result: We bought this stunning off-market property in the heart of Brighton. It was over 1,200m2 and featured a newly built modern house with five bedrooms, a pool, basement, cellar, and all the features of a high-end property. A hard-to-find family estate in the heart of Brighton. After two months of negotiations, we secured the property for circa $10,000,000, well below the vendor’s starting price.