New Zealand time: 2:17am Sat, 10 May 2008

abuzz Real Estate Limited

Sellers
The value of my property
What about my privacy?
I don't like open homes
If I sign up with Abuzz, what can I expect?
What are my obligations?
What if I'm not sure about selling?
I'm going to sell in...
How does my property fit in the market?
How to find a buyer for my home?
Any tips on getting my home ready for sale?
Marketing methods - How do I choose?
Do I really have to pay for advertising?
How to price my home competitively?
What legal protection do I have?
How much control do I have?
What warranties am I giving to the purchaser?
Who are involved in the transaction?
What happens on settlement day?
Can you help me to find a new property?

Sellers

Selling your home is a big step, especially today where the world is almost like a village. Gone are the days where you could only cater for the local market. Dealing with overseas buyers requires in depth knowledge not only of real estate but also of the vast legislation covering the subject. American buyers are used to full disclosure and they will expect the same level of disclosure from you and your agent. British buyers are used to gazumping. Luckily we don't have that concept here in New Zealand but it could be a factor buyers may consider.

Putting a value on your home is one thing, selling it is quite something else. Many transactions could shipwreck because the parties use price to hide some other concern or need. Are you trained in negotiations and more specifically in selling of real estate? Over 95% (Statistics of Real Estate Institute) of all sellers know that it looks easy but the reality is far from it and this 95% choose to sell through real estate agents.

Make sure you choose a knowledgeable real estate consultant.  A simple way to test this is to look at the marketing proposal and ask yourself:  "How much initiative is the consultant showing with negotiations". Saving commission could be a very expensive bargain when you settle on a lower price - you won't know it at the time but the buyers could be smiling all the way to the bank because your property has not been properly exposed to the market.

Choose wisely...

 

 

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