Auction I In Rooms 12pm Thursday 10th July (unless sold prior) Elevated, Private, Perfect Tucked away at the end of a peaceful cul-de-sac in ever-popular 1/21 Jumento Place, Unsworth Heights, this charming home combines warmth, character, and a smart, family-friendly...
Categories
Latest Listings
148 Lynn Road, Bayview
Auction I In Rooms 12pm Thursday 26th June (unless sold prior) Solid Brick Home on a Freehold Section Set on 148 Lynn Road, Bayview, a generous freehold section of approximately 608m², this solid brick beauty offers a rare blend of durability, comfort, and...
5 Rifleman Rise, Unsworth Heights
Deadline Sale I Closes Wednesday 18th June at 12pm (unless sold prior) A Rare Gem in Unsworth Heights! Homes like this are incredibly rare to find! Step into 5 Rifleman Rise, Unsworth Heights, a residence that immediately impresses with its soaring high ceilings,...
Recently Sold
128 Glendhu Road, Bayview
SOLD!!! Universal Homes Brick Beauty Welcome to 128 Glendhu Road, a beautifully presented single-level brick home built by trusted Universal Homes - offering comfort, flexibility, and peace of mind for growing families and downsizers alike. Set on a flat and easy-care...
19 View Road, Glenfield
Sold!!! Westlake School Zone - 857m² Freehold Section Nestled in the heart of 19 View Road, Glenfield, this charming 3-bedroom, 1-bathroom property offers the ideal combination of comfort, space, and exceptional school zoning. Perfectly positioned on a generous...
3 Sandpiper Grove, Unsworth Heights
Sold!!! Executive Family Living – At Its Best Discover the best at 3 Sandpiper Grove, Unsworth Heights has to offer - Stepping into comfort and style with this beautifully proportioned brick and weatherboard home, perfectly positioned in one of Unsworth Heights’ most...
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