Ray White Broadbeach prestige specialist Sam Guo has said that the Gold Coast luxury market is a Goldilocks selling place right now — not too hot, not too cold, just right.
“We had a slower start to the year, but February was very busy, with some very big sales in the $4 million to $6 million bracket,” Mr Guo said.
He said that Chinese buyers were still active and interested in the Gold Coast.
“My Chinese heritage is definitely a big advantage in my sales success,” Mr Guo, who was born and raised in Sichuan Province, said.
“The Gold Coast prestige market is emerging especially in the Chinese community, so it has become my unfair advantage being a local agent from a Chinese background.
“I always believed that champions normally have different weapons, they are not just good at one thing, they normally are strong at many things.”
Mr Guo also said that unique properties were attracting quality buyers who are smart and educated about the market.
He referred to a “lavish” hinterland home in Talli which has recently sold for $4,200,000.
Sellers Frank and Jenny Mesiano said that Mr Guo and his selling partner, Julia Kuo, were exceptional and “extremely” hard-working.
“We may not have the same volume of buyers as we did a year ago, but the quality is very good,” Mr Mesiano said.
Mr Guo also recently sold a four-bedroom house at Isle of Capri for $3.32 million.
“Buyers know the market has slowed somewhat and the buying power is on their side, so they stand firm on their offer, but even so, we are still getting good offers on our stock,” Mr Guo said.
Mr Guo and Ms Kuo are currently working on properties in the same range in Benowa Waters and Bundall.