Deadline Sale | Closes Tuesday 9th December at 12pm Vendors have bought! - A Home You Must See! Welcome to a warm and inviting family home positioned proudly at the end of a peaceful cul-de-sac at 32 Canary PLace, Unsworth Heights. Fully fenced with an electric gate,...
Categories
Latest Listings
305 Albany Highway, Albany Heights
Deadline Sale | Closes Tuesday 16th December at 12pm Solid Brick & Tile Family Home - Walk to Top Schools! Designed for families who crave space, comfort, and everyday convenience, this solid brick and tile two-level home at 305 Albany Highway, Albany Heights...
133A Glendhu Road, Bayview
Deadline Sale | Closes Tuesday 9th December at 4pm Retiring Vendors Says Sell! Welcome to 133a Glendhu Road, Bayview! Why You'll Love This Home? Light-filled, versatile layout perfect for families Functional design for entertaining & everyday living Private,...
Recently Sold
4/13 Kaihu Street, Northcote
SOLD!!! Motivated Vendors - Be in for Christmas! Make all your Christmas wishes come true at 4/13 Kaihu Street, Northcote! This beautifully designed townhouse is your perfect private retreat - a blend of contemporary style, comfort, and versatility. Step inside to...
30 Salamanca Road, Sunnynook
SOLD!!! Two Dwellings on One Title! Discover a rare opportunity at 30 Salamanca Road, Sunnynook - a spacious 619m² freehold full section featuring two well-designed dwellings, offering exceptional versatility for family living or multi-generational arrangements. Main...
2/20 Tawavale Crescent, Totara Vale
SOLD!!! Beautifully Renovated Home with Easy Living! Welcome to 2/20 Tawavale Crescent, Totara Vale a beautifully renovated and immaculately presented home offering warmth, privacy, and effortless family living. Perfectly positioned in a quiet Totara Vale...
3 Key Mistakes to Avoid When Selling Your Property at Auction
October 2, 2023
Selling your property at auction can be a lucrative venture, but it’s crucial to steer clear of common mistakes that could hinder your success. In this blog post, we’ll discuss three key pitfalls to avoid, based on insights from experienced auctioneer Andrew North, Harcourts Cooper and Co. By sidestepping these errors, you can enhance your chances of a smooth and profitable auction.
- Don’t underestimate early offers: Overlooking early offers is a common misstep. The saying “first offer, best offer” holds true in today’s market, so carefully evaluate initial bids instead of dismissing them outright. Waiting for a higher offer might not always pan out, so give due consideration to early proposals.
- Set realistic pricing expectations: Accurately pricing your property from the outset is crucial. Seek appraisals from at least two real estate companies, specifically asking if they believe your property can sell within 30 days. This ensures you understand market conditions and attract motivated buyers. Avoid overpricing or undervaluing your property by considering multiple opinions.
- Ensure a clean LIM report: Thoroughly review your LIM (Land Information Memorandum) report. A clean LIM report means there are no outstanding issues or restrictions that could impede the sale. By providing potential buyers with a clean LIM report, you streamline the transaction and facilitate easier financing. Address any issues in advance for a smooth and hassle-free sale.
To maximize your success when selling your property at auction, avoid these three critical mistakes: undervaluing early offers, setting realistic pricing expectations, and ensuring a clean LIM report. By sidestepping these pitfalls, you increase the likelihood of a seamless and profitable auction experience.
For any further questions or comments, reach out so I can give you the best advice for your unique situation, you can reach me at 021-870-836 or David.ding@harcourts.co.nz
David Ding, Harcourts Cooper and Co