“We re still seeing some pretty big prices getting achieved and buyers are getting frustrated.” Buyers constantly missing out on properties were starting to take shortcuts to get their offers in as soon as possible, in some cases forgoing a builder’s report or analysis of the Land Information Memorandum (LIM) report on the property. Rasmussen said buyers should always undertake as much due diligence as they could, and he cautioned first home buyers to avoid paying sky-high prices above asking. Another property would always become available, he said. Jeremy Watson of Ray White New Plymouth had also noticed buyers taking risks out of desperation.
Taranaki
New-zealand
Australia
Wellington
New-zealand-general
New-plymouth
Jeremy-watson
Juliet-johnson
Kris-rasmussen
Plymouth-district-council
Professionals-new-plymouth