This is a question I have been asked via email a few times over the past few weeks from buyers out of New Zealand looking to invest here. And even dealing with some people in my line of duty at the floor front I have come accross a number of people unsure of the process…
Category: Real Estate
Tips to Sell Your Home in a Buyers Market!
The number of homes listed for sale in most cities high. The result is prospective buyers know they can negotiate hard over price and terms. (Simple laws of supply and demand apply here) This poses some tough times as a seller. But if you are prepared you will definitely be able to get good results…
New Plymouth Harcourts Blueprint Online 16/08/08
Our Blueprint is Online. The bi-weekly publication that gets delivered to many of you in New Plymouth is now online. The advantage of this means that by reading it online you will get to see it before it goes to print. The other advantage is that the Blueprint can now reach the people that dont…
Marketing Real Estate to Generation Y
This is the 21st Century. Gone are the labourage days and the days where it takes a week to get any type of response to a request. This was what the Baby Boomers and some of the Generation X people went through. This is the communication age. This is the era where we have social…
Buyers are Back – Property Numbers are Down
Well it seems that the buyers are out in force again 🙂 The last few weeks have seen a rather increased volume of buyers enter the market. Most of the buyers I talk to have said to me they have been looking for ages but only just come back into the market going to open…
Things to Look Out For When Doing A Building Inspection
This guide should help both sellers and buyers to make the selling of your house to make the whole thing a lot more transparent. A good builder friend from New Zealand Home Inspections and me have put this together so that you may use it to your advantage. The information is probably the same as…
Financial Steps to Buying a Home.
This is a small exert from an interview I did with a guy named Bill James. Bill is a great financial adviser and I have been working closely with him in creating a book and a workbook that should be ready for print in a few months. I thought this was important for buyers and…
Generation Y Real Estate Habbits
Now to follow on in this series so far with talking on the Baby Boomers and then Generation X now I want to talk about generation Y. Born between 1980 and 1999 Generation Y are now entering the workforce and stamping their personality all over it. Generation Y represents about 20 – 30% of the total…
New Plymouth Harcourts Expanding
This is a latest plan for us at Taranaki Harcourts. Our business here is going very well and our plans to expand and work closer to the community are becoming more real. This is a positive move forward for Harcourts in New Plymouth and Taranaki. Growth plans prompt new Harcourts office in Taranaki Fri, 01…
Generation X Real Estate Habbits
Generation X were the babies born between 1965 and about 1980, the Generation X group is much less concerned with formality and impressing others than previous generations. Instead, group members prefer living wherever, whenever and however they want. Generation X people are now between the ages or late 20’s and the mid to late 40’s…
The Baby Boomer Real Estate Habbits
New Zealand has got an aging population. Why? Well because of the Baby Boomers. Baby Boomers are of people born in the ages of 1946 (just after WW2) to 1964. Over one million babies were born at a rate of about one hundred thousand per year, when New Zealand’s population was just 2.5 million. This…
Sale and Purchase Agreements in Real Estate
Well what great weather we are having. Actually for once I think Taranaki has missed the brunt of both the storms that have rattled the upper north island in the past week. Anyway.. I got asked this question today by email from someone who was reading this blog. It goes something like this… “What happens…
Why Wont My House Sell
If you have your home on the market and wondering why it hasn’t sold, don’t get to worried. Take a proactive and approach the three big ‘P’s’ Price Presentation Promotion 1. Price. The market today isn’t what it was last year. There are a lot of homes on the market so yours needs to shine…
YAY! Reserve Bank Drop OCR For First Time in 5 Years
The Official Cash Rate has been dropped by the Reserve Bank for the first time in five years. Dr Alan Bollard has announced it is being dropped by 0.25 percent to 8 percent. In his statement released this morning, Dr Bollard said “more unpleasant international news has emerged since the June Monetary Policy Statement, and…
New Plymouth Real Estate Market June 2008
June saw an interesting month. We had the first cold snap which saw a dramatic dive in people searching for a property to buy. Over the last month and even as we are now I only am seeing the same people out there looking for properties. They are eighter the ones that a fishing for…
For Sale By Owner Tips
When you are looking to put your house on the market there is one of two ways of going. You can do it by yourself privately or you could sell it through an agent. Both have their ups and down as life always does. But this article I am writing for the benefit of those…
New Plymouth Real Estate Market Trends
As per my last article that I wrote on New Zealand Market Trends I thought it was fulling to do one for New Plymouth. Now our market here is quite different to the rest of New Zealand as you will see. We really lagged behind the rest of the country when it come to price…
Emotional Attachment and Selling Your Asset
It is very difficult to separate the emotional attachment you have for your home from the financial investment. You have spent a lot of your life in that building and there are many memories. However, when you make the decision to sell, do your best to balance your emotions with this extremely important financial decision….
The Selling Mindset
What is one of the things that hold back a sale. What is one of the things that prevent a home from getting bids or people to it. Is it the price, is it the marketing? There are so many things out there that give us advise and give us tips and they all work….
New Zealand Real Estate Market Trends
If you have a look here this is the average sale price of homes in New Zealand over the last year As you can see the median price calculated monthly has actually been fairly steady, (not really going down as much as alot of the media and critics are saying. These are the facts. The market…
What do I do when buying at Auction
BUYING AT AUCTION: Auctions can be a daunting time to buy a property as some Auctions you may not have any idea where it might sell or what it is worth. Here in New Plymouth we have adopted a policy of publishing the Auction Reserve in order for the whole process is transparent. We do…
How could I get my house ready for the Market in under 30 days
Do you want to have a quick sale and get as much for your property as you possibly can? In this market they both sound like farfetched goals. But with a little knowledge of what buyers want, and getting that right from day one as well as pricing competitively you should be able to achieve…
Rent to Buy
I have over the last couple of weeks have been asked about Rent to Buy on some properties I have been marketing. This is something that I haven’t been involved with before so I had to study it a little myself. Rent to buy can be a great way for your family to get into…
New Plymouth Market and Sales Statistics
Have a look at these Statistics. After a fair bit of research these are the statistics of the New Plymouth Market for the last 6 months. Month Total Sales Properties on Days on Median Sale New Plymouth Market (approx) Market Price Dec 70 840 34 $293,000…
What to do in a Multi Offer.
Well. This week alone I have had two multi offer situations on properties I am marketing. Maybe there is some pick up in the market. Maybe it’s just by chance. Whatever the reason it is important that both the Seller and Purchaser know what this means for them. Firstly for the Seller…. What an…
Important points to market your home online.
In today’s technology driven world, more and more buyers are turning to the internet to look for a home. As I stated in my last post I have found that almost all my buyers are looking at the property on the intenet before considering looking at it in person. And with so many homes on…
Selling your House at Open Home
In todays market most people now are looking at property on the internet first and then going to the open home. People these days do not have alot of time and want to utilise their time to look at properties all at once. Out of all my property inspections over the past 2 months 89%…
BUYERS and BARGINS
This week alone I have had two offers on a property that I have had on the market for a number or weeks. This property is not in the most desirable location but is not of a location you would be scared for your family. But this property has been totally renovated. It is a 3…
Market Recovery
How is the market preforming compared to recent years, quite frankly not as good. But what do you judge that by. Is that judged by the volume or by the median price or by the time to sell, or by anything else that the experts say. Its hard to gauge and with all the media attention…
Counter Offer Stratergys
Negotiations When it comes down to on paper negotiating you will more often than not get a counter offer situation. To what extent purely depends on the negotiating skills of your agent and/or the motivation of the seller and buyer. The goal, when you’re countering a buyer’s offer, is to get the highest price and best…