Real Estate: The next industry to be disrupted?

Feb 2nd, 2017 Real Estate, Tips for sellers Andrew Duncan

Airbnb is making Motel owners broke all over the world. Uber is driving taxi drivers crazy (excuse the pun). Trademe made the ‘trade and exchange’ magazine obsolete almost over night. Will something similar happen in the real estate industry? Is it due for a shakeup? Firstly, it’s a question of trust. One of the main functions of any company is to provide a level or trust…

Why are there so few houses for sale right now?

Jul 28th, 2016 Tips for buyers, Tips for sellers Andrew Duncan

There is an extreme shortage of real estate for sale in the Wellington area, and understandably, buyers are frequently frustrated by the severe lack of choice. Current listing inventory is approximately 40-50% of what it was in February / March. One of the consequences of this is increased competition for the few homes that do come on the market. A few weeks ago we had…

How to bid at an Auction: 5 steps to help you prepare + 5 tips for first-timers…

Jun 10th, 2016 Real Estate, Tips for buyers, Tips for sellers Andrew Duncan

Thinking of bidding at an Auction? Here you will find the answers to frequently asked questions, tips on how to bid and traps to avoid at all costs… Auctions can be daunting but they can also be a breath of fresh air in a market (like Wellington) that has been dominated by Tenders for as long as I can remember. Going through a Tender, or…

The Secret to Making Money in Real Estate…

May 11th, 2016 Real Estate, Tips for buyers, Tips for sellers Andrew Duncan

I’m going to drop a bomb here that might just surprise you. After 14 years in the real estate industry (5 years in software, 9 years in sales) I have learned that the secret to making money in real estate is….. to never sell. That’s it. Never sell. That might sound crazy coming from a guy who makes his income selling property but I have…

That home sold for how much?? (Recent sales explained – get the inside word here)

In a market where the majority of properties are marketed by Tender / Auction / Deadline Sale, it is critical that you become proficient in valuing property as quickly as possible, so you can: A: Avoid missing out on your dream property by pitching your offer too low, and… B: Avoid paying too much for a home you fall in love with. First up: Valuing…

5 things you must do before you sell your home…

Jan 2nd, 2016 Real Estate, Tips for sellers Andrew Duncan

These steps will provide you with the best possible return on time and money invested when it comes time to sell: 1. Painting You should paint bathroom ceilings if they need it, paint kitchen cupboards if the colours are dated. Consider changing the handles as well – a very inexpensive way to modernise your kitchen and most cupboard handles are a standard size so they…

Bridging Finance – What You Need To Know

Nov 26th, 2015 Real Estate, Tips for sellers Andrew Duncan

What is a bridging loan? If you’re in the market to buy a new home but you haven’t yet sold your existing home, you may need a bridging loan. Bridging finance funds the purchase of a new home until the old home has been sold. It’s a convenient way of moving quickly on a new property, without having to wait until your current home is…

How accurate are Northern Suburbs Rateable Values right now?

According to Wellington City Council, new Rateable Values are set to be released mid November 2015. With that in mind I thought it would be an excellent time to examine the relevance of current RV’s. We are going to look at average sale prices compared to RV for each main suburb and tell you exactly what is happening out there. It is fair to say…

27 Moving Tips To Make Your Life Easier…

Oct 19th, 2015 Real Estate, Tips for buyers, Tips for sellers Andrew Duncan

One of the most stressful things you can do in your life is move house. Here are 27 moving tips to make your next move a little easier…  Note: Would you like someone to transfer all your utilities for you? Completely free of charge? Click here to find out more about our business partner Movinghub Moving Tip No.1: Pack an overnight bag containing all the essentials. Chances are,…