Talking Real Estate
Congratulations To My Colleagues!
Hi folks,
Firstly let me start with an apology! It’s not how I would normally start my musings on the world but I also don’t use this column to skite, however on this occasion I’m going to. I’m delighted to say that Tommys were the top selling real estate company in Upper Hutt in June 2014 with 40% of the market share. As I say I don’t often skite but I wanted to offer congratulations to my colleagues and point out that Tommys consistently sell more properties per agent than any other company so just this once allow me this indulgence.
Some Great Things About Living in Upper Hutt
Hi folks,
After re reading my last column from 2 weeks ago, I realised that it could have sounded quite negative to some so, today, I thought I would balance it out with some positive news. In the last 2 weeks I have sold 3 properties and have 2 in negotiation, this isn’t meant to sound conceited but to point out that although the market is indeed considerably quieter than this time last year properties are still selling and good agents haven’t suddenly become duffers!
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Houses Are Still Selling
Hi folks,
As regular readers know, I’m really not a fan of the LVR (Loan Value Restrictions), in fact I would go so far as to say it’s a ridiculous tool used in entirely the wrong way. Think using an LVR sledgehammer to crack an Auckland peanut where the market is on fire and prices have been rising rapidly.
Ask a real estate agent these questions
Hi folks,
So you are getting ready to put your home on the market but how do you choose which agent to use? Do you think we are all the same?
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Negotiation Is Not Always About Money
Hi folks,
Vendors and purchasers alike expect that in a private sale, the asking price will be negotiated to take into account the different expectations of the two negotiating parties. Few realise, however, that attributes other than money can also be subject to the negotiation process for a mutually beneficial result.
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Waiting For The Market To Hit Bottom
Hi folks,
Many homebuyers think that if they put off buying a property for a bit longer, they are likely to secure themselves a 'bargain' as the market declines but what happens if the market is stable?
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Is There Life After LVR?
Hi folks,
I thought I would take the time for a look at the numbers in our local market as I haven’t discussed for some time. To my colleagues in Real Estate, look away now as this doesn’t make for pleasant reading! The sales statistics for March are now out and we can see a substantial difference in the number of transactions compared with 2013, the number of residential sales from 1st January to 31st March is 153, this figure is hugely down on the 224 from the corresponding period last year and the 182 in 2012.
The Resale Value of Good House Design
Hi folks,
Have you ever wondered why some houses sell for a higher price than a similar property in the same street or subdivision? Here are a few thoughts that may explain why.
Be Clear With Your Agent
Hi folks,
Many experts say that the best selling price is often achieved in the first few weeks of marketing, when the listing is fresh and exciting and all the unsatisfied purchasers converge eagerly on a new possibility. Often vendors think they have little impact on the sales outcome but their input can be crucial and the quality of the relationship between agent and client can make all the difference.
Should You Buy... or Sell First?
Hi folks,
For the majority of the buying and selling market there isn’t a choice. But as I have been asked the question by a potential vendor, I thought I would try to give a balanced answer as to whether it is better to buy or sell your house first. Selling the home you’re living in before buying another one is the financially safe option in most circumstances.