AUCTION I In Rooms 12pm Thursday 19th November (unless sold prior) FREEHOLD - VENDOR DEMANDS A SALE ! The message is clear - our motivated vendor wants action! This property at 13 Bronzewing Terrace , Unsworth Heights must be SOLD at auction! An opportunity for buyers...
Categories
Latest Listings
9 Goldfinch Rise, Unsworth Heights
AUCTION | On Site 11am Sunday 8th November (unless sold prior) Vendor Is on the Move! Bring Your Offer! Our vendor is motivated to sell, making this an opportunity you won't want to miss! This home at 9 Goldfinch Rise, Unsworth Heights, ticks all the boxes! Offering...
3/54 Agincourt Street, Glenfield
AUCTION I In Rooms 12pm Thursday 5th November (unless sold prior) Vendor Has Bought! Bring Your Offer! Our vendor has bought and MUST SELL! This is your opportunity to secure a great home in a quiet, convenient location. Set in a peaceful street at 3/54 Agincourt...
Recently Sold
1/5 Witheford Drive, Bayview
SOLD!!! Motivated Vendor - Space & Flexibility! Space, flexibility and an elevated position come together at 1/5 Witheford Drive, Bayview, offering a home with plenty of room for families to spread out and make their own. Elevated above the street, the upper level...
6 Rook Place, Unsworth Heights
SOLD!!! Opportunity Knocks - 600m² of Potential! If you've been waiting for a property where you can roll up your sleeves and add some serious value, 6 Rook Place, Unsworth Heights deserves your attention. Positioned near the end of a quiet cul-de-sac and sitting on a...
15b Exeter Place, Unsworth Heights
SOLD!!! Moved to Australia - Must Be Sold! The owner has made the move to Australia, leaving this property at 15b Exeter Place, Unsworth Heights ready and waiting for its next owner. With clear instructions to sell, this is a genuine opportunity for buyers ready to...
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