Blog - Real Estate

Think your home won’t sell over the summer holidays? Think again

As most of the country grinds to a halt over the Christmas and New Year period and heads to the beach, many people think that the summer break is a terrible time to sell your property. The reality is, it’s actually a time when sellers can achieve very strong results.

Think your home won’t sell over the summer holidays? Think again read article

Market Report Real Estate Sales Spring 2016

It’s certainly been an interesting few weeks! First came the US election results and the Reserve Bank cutting the OCR to its lowest-ever rate. Then there were the unwelcomed earthquakes, which will have a long-lasting impact. There’s been a fair bit to keep economists (and everyone else) on their toes. While we wait to see how things shape up, the latest real estate sales figures were also released. We’ve cast our expert eye over the market to give you some valuable insights about how the real estate sector is faring. Our tips for sellers and buyers are a must-read.

Market Report Real Estate Sales Spring 2016 read article

Auckland property: Where to from here?

Opinions are pretty divided on whether the Auckland property market is now at or nearing its peak. Some industry experts and economists that say there is some way to go, are pointing towards to the three fundamentals still being very much in play.

Auckland property: Where to from here? read article

Iron Bridge Auckland is on the move

After 12 years in Takapuna, Iron Bridge Auckland is on the move – but we’re not going far… just around the corner in fact!

Iron Bridge Auckland is on the move read article

How to prep for a photoshoot when renting or selling a property

They say a picture paints a thousand words. And when almost every aspect of your property is shown online in marketing, you better make sure the picture that’s being painted is a good one!

How to prep for a photoshoot when renting or selling a property read article

OPEN HOMES #4: How open homes reduce your agent’s negotiating power

Negotiation is probably the most important part of any real estate transaction. If your agent is a trained professional, they’ll be able to negotiate the optimum sale price for the seller, while ensuring the buyer is delighted with their purchase. To be successful in negotiation though, your agent first needs to build rapport with the buyer – and that takes time!

OPEN HOMES #4: How open homes reduce your agent’s negotiating power read article

NO OPEN HOME, NO WORRIES #3: Promoting your property or your agent?

Open homes are often the method of choice for agents too lazy or lacking sufficient training to prequalify buyers. The reasons for this are varied but if you scratch just a little dirt from the surface it will soon become very apparent why agents are so insistent upon their use. I am sure that some of you are already beginning to wonder just where I am going with this and what possible other reason could there be for conducting open homes other than to show potential buyers through the property? The answer is simple – to prospect for more sellers.

NO OPEN HOME, NO WORRIES #3: Promoting your property or your agent? read article

Price-fixing pandemonium: What's the solution?

In December last year, 13 well known real estate agencies were faced with charges from the Commerce Commission for alleged price-fixing and anti-competitive behaviour. So what does all that mean?

Price-fixing pandemonium: What's the solution? read article

Keep your home safe this summer: Our 6 top tips

In the mad rush to get Christmas together and away on holiday, it’s pretty easy to race off without putting much thought into keeping your home safe while away. So here are our top tips to help you keep your place as safe as possible while you’re off enjoying that summer sun (hopefully)…

Keep your home safe this summer: Our 6 top tips read article

Reality check on retirement

My years of teaching people how to build a retirement nest egg through residential investment property have shown me that a high proportion of people have no real plan for ensuring their retirement years are secure.

Reality check on retirement read article

Real estate advertising: Who should pay?

REINZ (Real Estate Institute of New Zealand) offers training and information for all of its members, some of which is very good. They also send all of its members a monthly industry magazine, which includes a section for training. An article in one edition of their magazine on one hand astounded me, and on the other hand is what you may have come to expect from the real estate industry.

Real estate advertising: Who should pay? read article

Keep it conservative: Why a long-term approach works in real estate

These days, conservative is not a word you hear often in regards to real estate. When you see people in places like Auckland raking in hundreds of thousands in profit after owning a home for only a couple of years, it’s very easy to start thinking ‘that’s easy – I should do it!’

Keep it conservative: Why a long-term approach works in real estate read article

Christchurch property market outlook: Winter 2015

After several years of post-quake fluctuations in population and property availability, the Christchurch residential property market finally seems to be finding its new ‘normal’ level again.

Christchurch property market outlook: Winter 2015 read article

Real estate agents: Make sure yours is highly trained

Given that they’re trusted with handling the biggest transactions most people make in their lives, you’d expect a high level of training for real estate agents. But alas, in many agencies, that’s far from the case.

Real estate agents: Make sure yours is highly trained read article

The property market's 'Golden Numbers': net immigration and inflation

In our last blog we promised you two “Golden Numbers”. These two golden numbers are the figures you should take into account when you’re assessing the future direction of the property market here in New Zealand.

The property market's 'Golden Numbers': net immigration and inflation read article

Record net immigration the key driver for NZ property prices

We seem to hear every week from some pundit about a new plan to ease the pressure on the Auckland and Christchurch housing markets, when staring us in the face is the key driver of house price inflation in New Zealand.

Record net immigration the key driver for NZ property prices read article

INTERNATIONAL MARKETS: Iron Bridge opens the door to China

There’s been increasing talk about Chinese buyers acquiring property for sale around New Zealand, in particular, houses for sale in Auckland. This Chinese market has grown considerably over the past few years and New Zealand is a prime spot for their property investment. Which is why we’re excited to announce that we’ve made the move to join Juwai, a worldwide property portal for Chinese buyers to search for real estate. 

INTERNATIONAL MARKETS: Iron Bridge opens the door to China read article

2014 CVs in Auckland - How much weight do they hold when buying or selling property?

With the latest council valuations (CVs) released just a couple of weeks ago, a sense of déjà vu floated around the Iron Bridge office. All the hubbub that ensued over these new 2014 valuations struck me as very similar to the 2011 release. But what do these CVs mean off paper and in the real world of actually buying and selling property?

2014 CVs in Auckland - How much weight do they hold when buying or selling property? read article

Iron Bridge wins at Australasian Real Estate Awards

We’re very proud to announce another win at the prestigious Australasian Real Estate Awards, two weeks ago in Sydney. Pip Rowbotham took home the Sales Secretary of the Year award, up against other finalists from across Australia and New Zealand.

Iron Bridge wins at Australasian Real Estate Awards read article

RENTS ON THE RISE: So where's the best place for property investment?

It’s a well accepted assumption that rental properties in metropolitan areas are going to command more rent than their more provincial counterparts. But recent figures show a serious push in median rents in Auckland, Wellington and Christchurch – something that will well please any investment property owners in those areas.

RENTS ON THE RISE: So where's the best place for property investment? read article

30 year interest only loans pay off for property investment

A recent announcement by Westpac Bank of a new 30 year interest only loan has drawn fire from some quarters, but Brent Smith, Managing Director of Iron Bridge Property Group says “about time”.

30 year interest only loans pay off for property investment read article

3 mistakes to avoid when maintaining your investment property

It’s the often forgotten reality when owning an investment property. People step into it excited about achieving the first notch on their property portfolio belt… but easily overlook the fact that their tenant could well be on the phone needing this or that fixed within the next day!

3 mistakes to avoid when maintaining your investment property read article

IRON BRIDGE HOME TRUTHS #1 – Get a guaranteed sale price

Naturally, every agency will tell you that they are different. But are they really or are they all doing the same thing just wrapped up in different coloured packaging?

IRON BRIDGE HOME TRUTHS #1 – Get a guaranteed sale price read article

What does the word 'retirement' mean to you?

In the ‘olden days’ (say, the last 80 years) it was accepted practice to retire fully from any form of paid employment. But things have certainly changed.

What does the word 'retirement' mean to you? read article

Perhaps common sense isn't so common in banking

On the front page of the business section in the Sunday Star Times, the heading of “Bank eyes new tool on mortgages” caught my attention. I underlined the “NEW”!

Perhaps common sense isn't so common in banking read article

What would Capital Gains Tax mean for you?

The election is looming and the nit-picking through party policies is in full swing, but there’s one policy topic that really gets us thinking here at Iron Bridge – what would a Capital Gains Tax actually mean for people with investment property?

What would Capital Gains Tax mean for you? read article

Demand for temporary accommodation reduces: Iron Bridge clients not affected

After two years of incredibly high rents in Christchurch, things are beginning to settle. The Press reports that demand for homes in the $1000+ per week rental market is cooling fast and the “heat is starting to come off the rest of the market too”. Sounds a little deflating for those with investment property, but we think not…

Demand for temporary accommodation reduces: Iron Bridge clients not affected read article

What can I claim on my investment property?

Tax benefits are a great reward from owning an investment property, and we often have people ask us what they can claim for. So here’s a little run through on just what you or your accountant can tally up on that tax return.

What can I claim on my investment property? read article

CASE STUDY: First home as an investment property

Getting started in the property market when you’re young can be a great strategy – you’ve got income, few overheads, and often no dependents eating up your wages! For Peter and Nicky Moore* ‘getting in early’ has paid great dividends over the last 12 years.

CASE STUDY: First home as an investment property read article

Is a tenancy renewal fee unfair?

Things have been getting heated in Christchurch lately, with reports from social agencies of tenants being required to pay a second letting fee on their rental property when their tenancy comes up for renewal. This week’s article on stuff.co.nz reports one tenant was stunned by her property manager’s $450 re-letting bill and had fears this same fee would be imposed every year upon renewal.

Is a tenancy renewal fee unfair? read article

How to prep your property for sale

Putting your home on the market can seem like a pretty daunting task. In fact it rates highly as one of the more stressful events in life. But it is inevitable for almost all of us at some point – so how do we make the whole process as straightforward as possible?

How to prep your property for sale read article

Fixed term vs periodic tenancy – what’s best for me as a landlord?

So, you’ve got your investment property sorted. You think you’ve found a promising tenant. It’s time to sign the paperwork. But before you do, there’s one lingering question – do I go fixed term or periodic tenancy? Which is the simplest option for me as a landlord?

Fixed term vs periodic tenancy – what’s best for me as a landlord? read article

A sellers’ market? Still is

There’s a lot media speculation on what our property market is doing at the moment, some positive, some very negative. If you saw the recent piece on Campbell Live, Auckland auctions certainly looked dire – footage of empty auction rooms and highly publicised homes not selling. While on the other hand, reports say that property is still rising by almost $100 a day at least in the region. Hard to equate which tale is the truth!

A sellers’ market? Still is read article

A double birthday party to celebrate a decade for Iron Bridge

You may have heard a whisper that it’s our birthday. A big birthday in fact – 2014 adds up to 10 years in business for Iron Bridge Property Group, and we thought that was probably worthy of some celebrating, which is exactly what we’ve been doing over the past few weeks.

A double birthday party to celebrate a decade for Iron Bridge read article

100% Occupancy Promise for your investment property

One of the biggest fears most landlords hold is the prospect of their investment property sitting empty for days, weeks or even longer. Most of us have mortgages to pay, regular bills coming in, and the thought of being hit for extra payments is definitely the nightmare side of the property investment dream.

100% Occupancy Promise for your investment property read article

Breaking into the property market… take a different approach

With lending restrictions up, the number of first-home buyers is down – and property prices are really making it tough on most looking to own their first home. But when times get tough, the tough get creative.

Breaking into the property market… take a different approach read article

What kind of tenant will your investment property attract?

When you’re thinking about letting your property it can be difficult to trust it to a third party… After all, who knows what kind of tenants you’ll get?

What kind of tenant will your investment property attract? read article

The return OF your money is more important than the return ON your money

There was an opinion piece in the Weekend Herald recently which pointed out that KiwiSavers are being far too conservative in their choice of fund type when selecting their investment scheme, and by default the allocation of assets that their money is put towards...

The return OF your money is more important than the return ON your money read article

Iron Bridge celebrates 10 years connecting people with property

Clocking up 10 years is no small feat in business, especially with the world economy going into downturn for several of those years. Here at Iron Bridge it’s been a great ride and we’re by no means slowing down now.

Iron Bridge celebrates 10 years connecting people with property  read article

Property for sale? Make sure your agent can negotiate

Compromise, debate, diplomacy, discussion, mediation, transaction, agreement – the world of negotiation seems quite daunting, especially when it comes to putting houses for sale and dealing with thousands, if not hundreds of thousands of dollars...

Property for sale? Make sure your agent can negotiate read article

About to list your property for sale? 5 tips to get you started

It’s hard to get anything for free in this day and age, but when it comes to sage advice on preparing houses for sale, we’re very happy to give it away...

About to list your property for sale?  5 tips to get you started read article

Are you sure this won’t happen to your investment property?

Walls ripped down, holes in the ceiling, a trail of destruction and debris throughout the house, to the point where this North Shore rental property in Auckland was almost completely destroyed...

Are you sure this won’t happen to your investment property? read article

Where are we headed in 2014?

As we move inexorably along in the second decade of the 21st century, I thought it might be interesting to get a sense of how time ‘flies’, as we set up for yet another year.

Where are we headed in 2014? read article

Location, location... who cares where your real estate agency is!

Buying patterns are changing. No longer is the location of real estate agents or property managers as crucial as it used to be. When it comes to putting your property up for sale or rent, make sure you think like a buyer or tenant… If you found a property via the internet, or drove past a For Sale/Rent sign, and believed the property was ideal for you, you would contact the agent regardless of office location. In fact, you probably wouldn’t even consider the agent’s location!

Location, location... who cares where your real estate agency is! read article

A personal take on managing interest rates on your property

Over the years, I have seen many people sit on floating rates on their home or investment property through the many 0.25% rises from the Reserve Bank, only to panic when rates got up to 8-8.95% and then fix for 5 years at the bank’s recommendations...

A personal take on managing interest rates on your property read article

The Iron Bridge team wins two international real estate awards

We’re not usually ones to blow our own trumpet, but it’s been an impressive year for the Iron Bridge sales team bringing home two prestigious awards from the Australasian Real Estate Awards – Most Improved Sales Person, awarded to Paul Foster, as well as Most Improved Office.

The Iron Bridge team wins two international real estate awards read article

Iron Bridge’s 10 rules of property investment

Are you gearing up to buy an investment property? About to sign on the dotted line? Or just getting an idea of whether property investment is for you? Before you do anything, perhaps you should take these 10 tried and tested ‘rules’ into consideration.

Iron Bridge’s 10 rules of property investment read article