Talking Real Estate
I’m pretty sure everyone is fairly fed up with the negativity surrounding the property market right now so thought I would discuss something from the media from recent weeks regarding real estate agents rather than the market itself.
As we are still awaiting the April statistics, I thought I would talk about a marketing tool raised at an appraisal this week regarding the internet and the various selling tools it can utilise.
For those of you that read this column on a regular basis, you will know that the statistics I source regarding property sales are from The Real Estate Institute of New Zealand. Their statistics usually come out a little later than Quotable Value but are an excellent snapshot of the real estate market.
Well slap my thighs and call me Bob!! I’m writing today to give out some property good news because I’m absolutely fed up with reading total rubbish put out by the mainstream media about how badly the New Zealand housing market is doing. For the last 2 weeks every story I have read has been negative, neurotic and on more than one occasion utter, utter garbage.
Hi folks, due to a family bereavement I recently returned to the UK for a short visit which is why there was no column for the last couple of weeks.
Hands up if you are fed up hearing doom and gloom about the property market, hmmm, please bear with me I see that I could be counting hands for quite some time.
Hi all, for the last time this year I’m going to address the changing property market. As you will know I’ve not been shy about discussing where we are going and why. I hope this helps explain a little more why I’m moving positively into 2008.
A couple of months ago I raised the issue of the question I was most frequently asked, “What’s happening in the real estate market?” Well it’s time to ask again.
Hello again, this week I’m going to address some questions raised recently regarding the Buyer Enquiry Over (BEO) method of selling property. As some of you may be aware there was a Wellington real estate salesperson who was taken to court by the Commerce Commission last year suggesting that the BEO method was a breach of the Fair Trading Act, simply put, A low asking price was offered but the actual selling price could be considerably above the asking. The outcome of the case was that the judge sided with the salesperson citing Australian practise that it was acceptable to work within a 10% range.
After my last column where I was extolling the many virtues of Upper Hutt I have to confess to being very happy with all things real estate and the property market in general especially with Spring arriving and the imminent extended daylight savings just around the corner. I rather hoped anyone reading it would be feeling as confident as I am. Since then a number of finance companies have been put into receivership. It appears that the effect of the first couple of finance companies going into receivership has affected further finance companies rate of reinvestments and trying to get new investors joining them.