Quickfire Q&A with Jenny Cheevers, top mortgage adviser

Mar 21st, 2017 Real Estate, Tips for buyers Andrew Duncan

My first podcast with mortgage adviser, Jenny Cheevers turned out to be a huge success. So we put together this little update where we answer some of your most common questions around finance. For example: Do you really need a 20% deposit to buy a home? How have the new 40% LVR rules for investors affected the market? Should a first home buyer pay off…

How to cut through agent ‘quote prices’ and make better property decisions…

Mar 6th, 2017 Real Estate, Tips for buyers, Tips for sellers Andrew Duncan

“It sold for $200k more than the agent told me it would!” Nothing frustrates a home buyer more than falling in love with a property, getting hooked in by the suggestion that it would sell in your price range, spending thousands on due diligence, only to get to the Auction and see it sell for hundreds of thousands of dollars over your budget. The truth…

Q&A: Should I sell my Wellington home now? Or wait till next Summer?

Mar 4th, 2017 Real Estate, Tips for sellers Andrew Duncan

QUESTION: Hello Andrew, I was wondering if i could trouble you for an opinion on whether you believe there will be a significant change in Wellington housing market in the next 8 months? I was planning on selling next spring / summer (end of 2017, early 2018).  Selling right now would be possible (March 2017), but not be very convenient. However I’ve had another agent advise me about interest rates rises maybe affecting the…

Where are Kiwis moving to right now?

Feb 18th, 2017 Real Estate Andrew Duncan

The team at movingpro.co.nz recently shared this infographic with me and I thought it made for interesting reading. Scroll down below the image to read my thoughts… Key points (based on their last 1000 moving requests): 23% of kiwis are moving to Wellington. 43% of moves are to another City 65% of movers leaving are fleeing from Auckland The first stat is quite a surprise….

A tale of two open homes… And an open letter to lazy real estate agents

Feb 7th, 2017 Real Estate, Tips for buyers, Tips for sellers Andrew Duncan

A few weeks ago my Wife, Annah and I visited two open homes in an area we are considering moving to. Open Home 1 The first house, a character ‘do up’ on a big flat section was well sign posted and we proceeded to stroll inside. We were able to walk through most of the house without meeting the agent which was slightly concerning but…

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…

6 Real Estate Apps You Should Be Using For Every Open Home

Nov 25th, 2016 Tips for buyers Andrew Duncan

Here are 6 real estate apps that we use on a weekly basis that will help you make smart real estate decisions. 1. Compass (Built in application on iPhone) Every iPhone has a built in Compass. This is a fast way to check the sun aspect and orientation for any home. I use this 5-6 times every Sunday when doing open homes and I am surprised…

Don’t Let Your Conditions Cost you Next Time You Make An Offer.

Nov 10th, 2016 Tips for buyers Andrew Duncan

We believe most buyers in the Wellington real estate market would be shocked if they knew how many multiple-offer situations are won and lost, largely based on conditions. The amount of time you choose to specify for your due diligence and the number of conditions you insert, has a direct influence how attractive your offer appears. Owners will often take the 2nd highest offer available because…

Why won’t you just tell me the asking price!

Oct 7th, 2016 Tips for buyers Andrew Duncan

This is always a debatable issue but it’s one I feel needs to be explained further for the benefit of anyone looking at buying in this market. Please let us know your thoughts by commenting below, we would love to hear from you. ———————————- I have the following conversation at least 30 – 50 times every Sunday during our open homes… Buyer: “How much do the owners want?”…