Talking Real Estate
Realism in Pricing is Hugely Important
Hi folks,
In the course of my work I find that realism in pricing is hugely important, the best price may be the soonest sale. In New Zealand today many Vendors of residential property are experiencing a falling in the sale prices of their homes. At times like this it is even more important to price property keenly to sell, as ‘waiting for a better price’ often has the opposite result.
Hold On? Or Sell?
Hi folks,
In recent times I have met some people whose property is valued less now than when they bought so I thought I would ask the question, Is it ever financially sound to hold onto a property that doesn’t reach the desired price rather than sell for less?
Is It Really a Sellers' Market?
Hi folks,
I haven’t spoken about the Upper Hutt market for a couple of months so I’m well overdue addressing a couple of things. Firstly let me offer my opinion about recent media reports saying about how the market is at a record high and it’s a sellers’ market. I’m sure they are completely correct in Auckland or Christchurch but completely wrong in the Wellington region.
Selling Strategies for a Buyers' Market
Hi folks,
In response to questions I was asked while I was out over the weekend I thought I would revisit a familiar topic, “selling strategies for a buyers' market”. Because, let’s face it, we are definitely in a buyers' market.
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Rental Investments: Think Like a Tenant
Hi folks,
In the last couple of months I have had a couple of multi –unit properties to sell so thought this would be a good time to revisit rental investments, why? Because as prices have dropped rental yields have increased and at some point in the future property prices will increase as well.
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Negotiating a Property Sale
Hi folks,
Most vendors and purchasers expect that in the sales process, the price will be negotiated to take into account the different expectations of the two parties. Few realise that attributes other than money can also be subject to the negotiation process for a mutually beneficial result.
What Makes a Good Real Estate Agent?
Hi folks,
Not sure I will like some of the replies to this question but “Is a real estate agent the pushy guy with the sales pitch or the expert with the local market knowledge who can help buyers get the statistics they need to make an informed buy?”
Certainly, there are some agents who think that they can achieve their goals by putting pressure on their clients but most experienced agents know that the best purchaser is the informed one. They know that purchasers who buy under pressure and with insufficient knowledge usually get cold feet before the contract is exchanged - a waste of time and effort for all parties.
Easter Holiday Home Security Tips
Hi folks,
With Easter and school holidays fast approaching I thought it timely to ask people is yours one of the few houses in the street with an alarm, dog or well-secured doors and windows or where the occupants come and go at irregular times? Then give yourself a big tick for offering the least opportunity i.e greatest opposition or risk to aspiring thieves.
The New Year, New Home Syndrome
Hi folks,
As the New Year gets under way after the festivities of Christmas, more people decide to buy and sell property than at any other time of the year. In New Zealand unlike Europe, January is traditionally a very quiet month work wise as it is still school holidays, February however is a different matter. This is the time when people start to move in greater numbers, I like to think of it as “new year, new home syndrome” It’s not only Real Estate companies that get busy, recruitment consultants also increase work load as people tend to make life changes as a new year starts. So what does this mean for home owners?
How to Have a Great Vendor/Agent Relation
Hi folks,
I thought I would address some issues that could potentially affect home owners who are going to come to market in the next few months, it seems logical as this is the time of year when there are generally more houses coming to market. So if the first 2 weeks on the market can set the scene what can we do to avoid any pitfalls. As a vendor, it’s worth remembering that the relationship between vendor and agent works best if there is an open line of communication. If the relationship breaks down, the sale outcome is usually affected and at this stage vendors often blame agents for a host of small things that could have been remedied early in the relationship.
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