Wellington market update

Wellington Market Update: Median sale price reaches record high…

Please note: Figures below are generated from REINZ stats and ‘Wellington City’ covers Tawa to Seatoun and everything in between… The big talking point this month… The median sale price for non-apartment properties (houses, townhouses and units) in Wellington increased to $744,373 in February 2018. That’s the highest median every recorded for that segment of the market. Just beating out…

Who should pay for real estate advertising

Who should pay for real estate advertising?

Jan 14th, 2018 Real Estate, Tips for sellers Andrew Duncan

It often comes as a complete surprise to owners, that a real estate salesperson will ask them to pay not only their commission but a separate advertising bill on top (and up front). This real estate advertising program usually comes to thousands of dollars. Which begs the one question that nearly every owner ponders at some point in the home…

Wellington median sale price

Wellington median sale price up 8.7% – Market update, October 2017

Oct 14th, 2017 Market Statistics, Tips For Buyers, Tips for sellers Andrew Duncan

An extreme shortage of properties caused the Wellington median sale price to jump 8.7% in September. Read on to find out how this came about. But first… Uber sees 100% increase in new driver applications! An underwhelming 181 properties changed hands in Wellington City in September (based on REINZ stats). To put this in perspective, nearly twice as many properties…

How to sell a plaster home

How to sell a plaster home: The 7 step guide

Oct 14th, 2017 Tips for sellers Andrew Duncan

Are you contemplating selling your plaster home? In this article, I outline the seven key steps you need to take to maximise your chances of achieving a successful sale. Disclaimer: I am not a builder. Please, please, please speak to your solicitor, building inspector and other professional advisers as necessary before buying or selling a plaster home. This information is…

13 Cheap and uncommon ways to add value to your home…

Aug 9th, 2017 Real Estate, Tips for sellers Andrew Duncan

Are you looking for cost-effective ways to add value to your home? Would you like to increase your potential selling price or valuation without spending the earth? When it comes to renovating, costs can spiral out of control if you are not careful. So this list has been prepared with frugal-ness top of mind! You might think some of these…

7 Signs you need to fire your real estate agent

Jun 20th, 2017 Real Estate, Tips for sellers Andrew Duncan

Let me guess – your salesperson promised you the world and bought you an atlas? What constitutes enough of a reason to fire them and start over? Let’s discuss the 7 signs you need to fire your real estate agent, and how to do it. Did you know… When you sign a listing authority, giving salesperson Sally Lotaleads permission to market…

9 Critical mistakes to avoid when selling your home

Apr 20th, 2017 Real Estate, Tips for sellers Andrew Duncan

You get one chance at selling your home for the best possible price. Isn’t it important that you get it right? When it comes to selling your biggest asset, it’s easy to make mistakes. Problem is, those mistakes can be extremely costly, and hard to recover from. These are the most common traps I see owners falling into. Avoid them at…

Who needs a ‘free appraisal’ anyway?

Apr 5th, 2017 Tips For Buyers, Tips for sellers Andrew Duncan

Up until recently, there were 2 common ways you could figure out the value of your property: 1. Contact a real estate agent and invite them round to your home to give you a ‘free market appraisal’ and have this awkward situation where you want to know the answer but you don’t want them to hound you every 2 days…