SOLD!!! Charming Bungalow in Prime Location! Step into this beautiful bungalow at 2/136 Sunset Road, Unsworth Heights that seamlessly blends classic charm with a modern touch. The welcoming entry, invites you into a home filled with character. This delightful home...
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9A Kowhai Road, Mairangi Bay
Asking Price | $1,695,000 Beachy Family Living in ALL the Top School Zones! Discover the perfect family home at 9A Kowhai Road, Mairangi Bay that ticks all the boxes…a short 300m jandal stroll to the sands of Mairangi Beach whilst situated in sought-after school zones...
1/34 Bayview Road, Glenfield
Asking Price | $825,000 A Perfect Starter! Welcome to this sunlit and inviting 3-bedroom, 1-bathroom home at 1/34 Bayview Road, Glenfield, ideally designed for family life. With a neat single garage that provides plenty of storage, this house is set in a warm,...
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25 Japonica Drive, Beach Haven
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2/136 Sunset Road, Unsworth Heights
SOLD!!! Charming Bungalow in Prime Location! Step into this beautiful bungalow at 2/136 Sunset Road, Unsworth Heights that seamlessly blends classic charm with a modern touch. The welcoming entry, invites you into a home filled with character. This delightful home...
2/11 Bronzewing Terrace, Unsworth Heights
SOLD!!! The Ultimate Family Home in a Prime Location! Nestled in a prime location at 2/11 Bronzewing Terrace, Unsworth Heights, this charming family home offers a warm and inviting atmosphere with plenty of space for both relaxing and entertaining. A true gem in a...
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