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Selling your NZ house.

Selling your NZ house.

Old Apr 1st 2012, 7:02 am
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Default Selling your NZ house.

So, three hours after our first open home, we're taking an agreed offer to the lawyers.
Compared to eighteen months of selling in UK, got to admit we like the system here.
I know things can still go pear shaped, but we did a private sale, and would've been gutted if we'd paid real estate comission! Go Homesell.
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Old Apr 1st 2012, 8:33 am
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Default Re: Selling your NZ house.

Congrats, it all goes smoothly.
From what we have seen the selling process over here is very geared towards the seller
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Old Apr 1st 2012, 10:58 am
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Default Re: Selling your NZ house.

real estate fees are a rip off here in nz, its no wonder more are choosing to try selling themselves first
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Old Apr 1st 2012, 11:35 pm
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Default Re: Selling your NZ house.

Originally Posted by MrsFychan View Post
Congrats, it all goes smoothly.
From what we have seen the selling process over here is very geared towards the seller
It is no wonder that the selling process is geared towards the seller since he is the one paying the agent's fees of (at least) 3% plus GST (for the Math-shy, for a 500K sale you are talking approximately 20K in commission, admin fees and marketing, not including solicitor fees).

On the other hand, since the agent's commission varies little if you sell for 500K or 470K (assuming a 3% commission, the difference for the agent will only be $900 but 30K to the seller) it is really a 2-sided coin since what the agent wants is a deal; regardless of the specific price achieved, THE AGENT ALWAYS WINS!

Last edited by benhila; Apr 1st 2012 at 11:37 pm.
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Old Apr 2nd 2012, 6:41 am
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Default Re: Selling your NZ house.

....and homesell has a fixed price. We paid less than 2 grand, and the signage got a viewers and a sale within hours!
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Old Apr 4th 2012, 2:59 am
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Default Re: Selling your NZ house.

Bargain. Congrats.
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Old Apr 4th 2012, 9:24 am
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Default Re: Selling your NZ house.

Well done we have been on Trade me nearly a year and reduced the house by $100k still nothing and had it valued properly before to price it right ahhhhhh so you are very lucky. We may have to go to the dreaded real estate agent :-(
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Old Apr 4th 2012, 11:50 am
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Smile Re: Selling your NZ house.

Originally Posted by hazeandsteve View Post
....and homesell has a fixed price. We paid less than 2 grand, and the signage got a viewers and a sale within hours!
That's good value .

Does this mean you are moving from Christchurch?
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Old Apr 5th 2012, 7:36 pm
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Default Re: Selling your NZ house.

Originally Posted by Charismatic View Post
Does this mean you are moving from Christchurch?
.....

We did the signatures yestarday.
Our buyer then rang the folks we sold through after realising they could save nearly twenty grand of commission.
Cheers all, lookie lookie time now. Thankfully, the buyers have said we can rent for two hundy a week til we find our next place. The whole deal was all done on a handshake by the way.
Sometimes people are just nice. Cheers Bob and Trish
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Old Apr 5th 2012, 9:06 pm
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Default Re: Selling your NZ house.

Well done i,m glad you didn,t have to deal with the scum sucking pigs that call themselves agents here

Neil
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