Choosing a real estate agent is a daunting task because it plays a big role in how successful the sale of your property is. They’re key to achieving the best outcome and attracting excellent offers for your property.
When a property is in high demand, there is a good probability that multiple buyers may make an offer. When more than one bidder submits a written offer on a property, a multi-offer situation will occur. The purpose of the multi-offer process is to provide all interested purchasers with a fair chance to submit their best offer for a property they want to buy.
Topics: Selling a house
An open home is one of the best ways to attract the attention of potential buyers. By inviting them into your newly listed property you’re inviting them to fall in love with your home. Unlike the lavish open homes seen on shows like Million Dollar Listing, things are a little more relaxed here in New Zealand and regular open homes will do the trick, and with fewer hassles. But even though there is no lavish champagne on tap, or performers entertaining your guests, making sure that your home is presented well is crucial in getting the end result you want. So how can you give potential buyers a great first impression of your home?
Topics: Selling a house
There has never been a better time to sell a home! Prices in Taranaki sit at an all-time high while supply is low — which means sellers are in the best position, with no sign of things cooling off. With such high demand for houses, it's no surprise that homeowners are toying with the idea of selling their homes privately. Especially if doing so could mean thousands of dollars could end up in their own pockets, instead of a real estate agent's pocket. Plus people often wonder whether using a real estate agent will result in a higher price for their home or not.
Topics: Selling a house
During 2021, the housing market was dominated by consistent house price increases which saw the regional median sale price peak in Taranaki. As the year ended, prices were still on the rise with the latest Real Estate Institute figures showing Taranaki’s median price increased by 26.2% annually to a high of $626,100 in November 2021.
Topics: Selling a house
If you’re looking to subdivide your land for sale then you will be aware that there is a long road ahead. Understanding the subdivision process is important, especially if you’re after the best price possible for your land and want to have everything in order before taking it to market. No matter whether you’re a seasoned veteran at subdividing or a first-time seller the process is the same, and we often see people fall into the same typical traps regardless.
Topics: Subdividing
What you need to know about buying a section in a subdivision
There’s something exciting about building a brand new home in a new subdivision. It gives you the chance to be part of a new neighbourhood with new surroundings in a home that you’ve had input in from the ground up. With more housing needed all over Taranaki, we are seeing an increase in new subdivisions starting to pop up on the outskirts, and in the centres, of our local townships. These new developments not only include newly built homes but also walkways, playgrounds and in some cases even commercial buildings are built to service the newly developed communities.
Topics: Buying a house
How sale and purchase agreements are adapting to the current market
The term seller’s market has been thrown around a lot in recent months, but what exactly does it mean? A seller’s market arises when demand exceeds supply. In other words, this means that there are many interested buyers, but the number of houses on the market remains low. With fewer homes available, sellers are at an advantage, therefore, making it a seller’s market.
Topics: Selling a house, Buying a house
Houses are not only selling for record prices at the moment but they are also sitting on the market for fewer days than the 10-year average. The property market is very much a seller’s market, and as we head into Spring, this is where house sales typically reach their most intensive period of the year. But even though more houses may be entering the market in the next few months this doesn’t mean it’s a bad time to list. There are a lot of buyers looking for their dream home and yours could be the perfect property!
Topics: Buying a house
The iconic seaside village, Ōakura is located a short 15-minute drive from New Plymouth along surf highway 45 and is known amongst the locals as a quiet surfer’s community. With a population of 1,600 residents, this desirable coastal township boasts a relaxed and chilled living environment with a mix of stress-free baches and million-dollar-plus beach houses.
Topics: Regional insights