Recent data from CoreLogic reveals first home buyers showing strong around the country. Even in Auckland, where average property values exceed $1M. Nationally, first home buyers raised their profile from 22 percent in the 4th quarter of 2017 to 23 percent in the same quarter 2018 – 469 more deals. But here’s the really cool […]
How new anti-money laundering laws affect buyers and sellers of real estate
From the 1st of January 2019, real estate agencies will be required to scrutinize AML and CFT risk around buyers and sellers of residential real estate in New Zealand. No exceptions. AML = Anti money laundering CFT = Countering financing of terrorism It is the outcome of recent changes to the Anti-Money Laundering and Countering […]
What’s the deal with deposits? (LVR update)
As a rule of thumb, home buyers need a minimum of 20% deposit to secure a mortgage from the bank. So if you’re looking to buy a $650,000 home, you’ll need a $130,000 deposit. However, Banks can loan 15% of new mortgages to buyers with less than 20% deposit. There are criteria around that. That’s […]
Nail it
A bed of nails is only tolerable because every nail is exactly the same length. But if one of those nails were to protrude even a fraction, believe me, you would know about it. That’s the point of difference. It gets all the attention. So then, when it comes to exposing your property to the […]
Marketing magic – the power of first impression
When it comes to selling real estate, that first impression cannot be overstated. The science says it takes a tenth of a second to form an impression. Notably and not surprisingly, most of the cues are visual. That said, the quality of your first impression invariably determines the success of your campaign. True story. In […]