Buying

Buying at auction makes good sense

June 12, 2010 · 1 Comment

When the market is flat, auction provides buyers with an opportunity to secure property at good market prices. That’s because sellers who choose to go to auction are usually more motivated to sell and are therefore keener to negotiate in order to get their property sold. From a buyer’s point of view, there’s nothing more frustrating than trying to deal with sellers who are ahead of the market. But auctions work for both parties as they provide a greater degree of certainty for both sellers and buyers. At the end of the day that’s what everyone wants; to know you have sold... [Read the full story]

Property News

Walker Holds Market Share

July 31, 2010 · 2 Comments

Despite strong competition from the 13 agencies competing in the Gisborne residential property market, the team at Walker Real Estate has held 20% market share for the first half of 2010. While some agencies may have a good month and are quick to quote a high market share figure for that month, it’s the results over a longer period of time that really show a more accurate picture. There were 210 sales for 1 January – 30 June. Walker Real Estate sold 42 of those properties. That’s 20%. This is in keeping with the company’s performance since it started operating back... [Read the full story]

Market Updates

Half yearly report – low sales

July 15, 2010 · Leave a Comment

With reported June sales now coming through, the six monthly sales activity for residential property in Gisborne City show we are still in a low activity phase of the cycle. Low sales volumes, but stable prices. That is the picture. Buyers are often slow to commit, showing no apparent urgency to take advantage of the good buying opportunities that exist. For sellers who have good reasons to sell, their properties are getting sold, as owners meet the market. While national market values have risen, local prices are close to what they were 12 months ago, having recovered from the dip in 2008 and... [Read the full story]

For Sale

Sure to bring a smile

June 25, 2010 · Leave a Comment

163 Stout Street is one of those homes that has a great feel about it.Totally understated from the street, this villa is an absolute delight. Full of character and cosy charm, it’s a real show stopper with it’s comfortable interiors and private outdoor living. It is located in popular Mangapapa close to schools and only 5 minutes from the city centre. The sellers have moved on an require a sale soon. Selling by auction in July, be sure to include this property on your short list. Read More →

Selling

Sellers don’t set market value

July 2, 2010 · Leave a Comment

A fundamental truth that sellers need to understand is this. When you are selling your home, you don’t set the market price. It’s the buyers that do this. Houses are a commodity market, that is, there are plenty of them available for buyers to choose from. If your home represents good value, then buyers will make a move on it and you will be getting close to a sale. At the end of the day, sellers only have one of two choices, you can either accept the market or you can choose not to. But if you do this, you may end up keeping your home and putting your plans on hold. But is this... [Read the full story]

cool pix

Easter sunset at our beach house

April 5, 2010 · Leave a Comment

Western Bay of Plenty. I just love the setting sun over the hills in the west. You’ve heard of the cat on a hot tin roof, well here’s the kiwi verson – a seagull on a hot tin roof. This is a common sight year round, although as the seasons change so does the position of the setting sun. Hope you enjoy these – we certainly enjoyed the moment. Read More →

Property News

Walker Holds Market Share

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Cool furniture for small spaces

Too often tiny rooms in apartments or small houses just can not fit conventional furniture. It seems that most furniture is made for larger homes and there is nothing worse than a cluttered floorplan. Often the solution is to remove items at the expense of functionality. Space saving furniture is a real asset to apartment...

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New Real Estate Agents Law is the best thing since sliced bread

The new REA Act 2008 is one of the best things that has happened to the industry. It came into play at the end of 2009. Things have settled and now we can all move ahead is a positive direction. Having a strong consumer focus, the law makes it clear what responsibilities and obligations an owner has before offering...

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