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Beware of auction clearance rates

You’ve probably heard the media gauging the state of the real estate market by quoting the current auction clearance rates, which is the percentage of how many properties actually sell at auction.

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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

MARKET REPORT: Rental Properties Early 2016

What’s the latest on rental properties in your area? While there’s been some recent reports that rents have dropped back to January 2015 levels, we’re seeing the exact opposite, with tenant demand increasing in the main centres where we operate.

MARKET REPORT: Rental Properties Early 2016 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

NO OPEN HOME, NO WORRIES #2: Choose security, not risk

‘Open Home’ says it all really. You’re opening your home to anyone. So how do you know who’s stepping through the door? There will of course be sticky beak neighbours – and we’ve all done it – but it can get much worse than the nosy lady from next-door wanting to compare interior decorating styles.

NO OPEN HOME, NO WORRIES #2: Choose security, not risk 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)…

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NO OPEN HOME, NO WORRIES #1: Genuine buyers will come no matter what

Are open homes a necessary evil when selling property? We think not. And we’re pleased to see others are beginning to think the same. A recent Christchurch Press article outlined the reality that not everyone who comes to your open home will be a genuine buyer, despite what the real estate agent may imply. Curious neighbours, passers-by acting on impulse, as well as the occasional ‘real estate tourist’ looking to compare their property and get decorating ideas, will all be walking through your front door.

NO OPEN HOME, NO WORRIES #1: Genuine buyers will come no matter what read article

6 tips for successful property investment

Knowledge matters in property investment, and some things you will only ever learn through experience. Which is why I want to hand a little of mine over. I’ve invested and worked with property investors for over thirty years now and have seen many a success, as well as the odd investment failure along the way. Most of my clients are mum and dad investors who have steadily built their portfolio over time, rather than the more high risk/reward investors who do it as a profession.

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Location, Location, Location of your agent

In today's modern real estate world, let's look at how important the agency location is. The answers to a couple of questions may help with this: Q - How many properties are sold from the agents window advertising? A - Next to none! Q - How important to a buyer is it where the agent is located? A - Not very.

Location, Location, Location of your agent read article

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.

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