Richard Matthews Achieves 90% Clearance Rate / 36

Across a huge weekend of Saturday & Sunday sales, Richard Matthews Real Estate finished with an impressive 90% clearance rate.

Selling 11 out of 12 properties at auction, the company exceeded the state rate of 55% including 280 unreported properties in New South Wales, bringing the real rate closer to 38%.

The Financial Review reported that close to 30% of homes listed for auction in Sydney were withdrawn in the past week as nervous vendors retreated in the face of a cooling market. Richard Matthews continues to defy the odds and bring the heat and signature electric atmosphere, drawing in captivated audiences beyond just the bidders.

Director & Auctioneer Richard Baini said, “When we say Auctions with energy, it’s because of what the massive crowds acknowledged after each and every Auction yesterday and every weekend. We work incredibly hard as a team, we have 8-12 senior sales people at every Auction and the buyers get the assistance they need right up until the gavel falls”.

Known locally for exceptional service beyond the signing of contracts, he continues “We then stay back to assist the locals with any real estate queries they may have, before we go to our next Auction and open home”.


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