It may just be the small solution to one of New Zealand’s big problems, and it can cost as little as $50,000.
Summer is the hottest season of the year in more ways than one. Blockbuster movies make their debut, huge summer hits fill the radio stations, and the nearest beaches fill up with sun lovers soaking up the warmth. When it comes to your property investments or your own home, summer happens to also be one of the best times to sell.
With school out and a little more time to spend as a family, many people are on the hunt for a new home that suits their needs. Property management companies are managing a huge influx of new tenants wanting to move in or move out, especially with students entering or leaving university. To help you get ready for this crazy time, and to best take advantage of it without wearing yourself too thin, we’ve put together a quick guide to selling a home this summer.
Having the right team will help your house get on the market faster, sell faster, and get you into your new property faster. Even if you’re moving investment properties around, you’ll still want the best property managers in Wellington or wherever you’re from in New Zealand to help you. There’s a few different people who should be on your team before the selling season kicks off. For one, having the right realtor is vital. Find one who’s familiar and experience in your area, like having a real estate agent in Cambridge for example if you’re trying to sell in that area.
Property conveyancing is important in NZ as well, especially when it comes down to any legal advice, wording with the contract conditions like a sale and purchase agreement, or dealing with banks and loans. They’ll also prepare everything for you, making it quick and easy when you’re ready to sell the property.
It’s all too common that when a buyer puts down an offer, you eventually lose them, or vice versa, because of paperwork not being completed on time or correctly. Once again, find property lawyers in Auckland or whatever town your property is in. They’ll have better knowledge of your area’s council and special rules more than anyone.
If you’re selling an investment property or apartment building, you should look into using a residential property management company to help you appraise and determine its worth. This will help you with pricing later on.
Price it right the first time
Setting your house at the right price is of paramount importance. Set it too low and you’ll lose out on the worth of your home, too high and you run the risk of not being able to sell at all, or taking all summer to sell. At the same time, setting a price at a perfect medium, or even on the low side, may cause more bidders which can help drive up the price anyway.
To set the right price, do your research on what other homes in the area are going for. Consider the age of your home, any renovations done, and what the future of the neighborhood looks like. Use this guide to try and figure out what your neighborhood’s future might be. Try and dig a little deeper and look at houses that haven’t sold, and see if you can figure out why they aren’t. Many times it’s something as simple as having poor photographs advertising the home, or having a bad real estate agent.
Pricing is also a lot easier when you have a realtor or other expert to help, since they have the industry knowledge and years of experience of what sells and what doesn’t.
Try and get your home up for sale at the beginning of the summer season. This way, your house is looked at right away when buyers start looking at the market. Summer goes quick, and near the end of the season families will be sending their kids back to school and less likely to buy. Even though it’s not a fair judgement, many buyers may worry about your home if it’s been on the market for a while, and may avoid it altogether.
Be technology savvy
Today’s home markets are all about technology these days. Remember the olden days of looking at houses in the newspaper, or even, driving around looking for ‘for sale’ signs? Those days are all but gone now. If you’re thinking about selling your home yourself, you need to be on top of the technology game. Many homes for sale are now not only on websites, but apps as well. In fact, many buyers are turning towards apps more than ever. Make sure you have professional photos that really show off your home and open up the space to add to the app or website.
Something like a virtual tour is a great idea to let people see the flow of your home without needing an open house. Virtual tours can be a video tour or even just photos moving through your home with descriptions on each one. 360 photos and panoramic photos will show how rooms connect and where hallways go as well.
If you are also putting up a for sale sign in the front yard, you might want to consider installing security cameras for your Wellington home, or any other larger cities. For sale signs sometimes invite local crime to scope the place out, as you may not be living there or wouldn’t notice things gone missing. You’ll want to avoid that serious added stress of theft, crime or vandalism, and the price of installation will often be worth it.
Jumping on the summer house selling season is a great way to get your property on the market and off your hands quickly and easily. It comes with its fair share of stress, but with the right team and with the right price, the stress will be completely worth it!
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