Richard Matthews Transacts Over $55 Million During COVID Lockdown / 23

Operating within the strict COVID-19 parameters; Richard Matthews has managed an electric mix of eager buyers and  vendors to sell nearly $56 million worth of property; since the COVID lockdown began.

The team have continued to safely sell homes across the Inner and South West of Sydney. Taking their energetic auctions online via the Auction Now platform while also working tirelessly to achieve incredible prior to auction sale results.

The $55,890,000 transacted since June 26th includes a Richard Matthews record breaking COVID result on one of Strathfield’s finest streets and a three bedroom home that sold in just 6 days for $100,000 more than its neighbour just before the lockdown was announced.

Director & Auctioneer Richard Baini said, “These results show there is still huge buyer demand, these people want to do their one on one and virtual inspections and make very quick decisions to secure a home. There is no doubt a real lack of choice is a contributing factor. As is our 7 days a week working policy during lockdown to meet buyer demands.

He continued, “These results show there aren’t any clear signs the market is slowing down and buyers realise this. It proves that the inner west and south west property markets are still very strong. Now is an ideal time to sell”.

Sales Executive & Licensed Real Estate Agent Joe El-Hourani said, “I was able to sell two neighbouring properties within 6 weeks in Greenacre. The second one sold for $100,000 more in just six days on market. The lockdown has actually shown us who the real and genuine buyers are”.

Boasting a 100% Sunday auction clearance rate and huge successes across the Saturday sales. There is no sign of the market slowing.

News of a second Inner West office is expected very soon. Stay tuned for an update in the coming days. Move in date will be September this year.

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