Latest Breaking News On - ராய் வெள்ளை புதியது ஜீலாந்து - Page 1 : comparemela.com
And they’re here to stay. Acting REINZ chief executive, Wendy Alexander, says Kiwis are becoming more comfortable with the auction process. “The rationale behind this is that auctions are a good way of finding the market value of a property when the market is moving at pace, and from a purchaser’s perspective, they are completely transparent,” she says.
Joseph Johnson/STUFF
You can have an agent bidding for you, whether you’re at the auction or on the phone. Is it worth making an offer early? Making a pre-auction offer sounds good, but can backfire for a keen buyer.
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Real Estate Institute acting chief executive Wendy Alexander said that, anecdotally, her organisation was hearing that fewer properties were selling under the hammer than in March. But many of these houses were still selling within 24 to 48 hours after the auction by way of negotiation, she said. “Auctions are still a very popular sales method and most of our auctioneers around the country are still busy calling auctions and are achieving some very good results for vendors. “We’re also still hearing stories of auctions being brought forward from the original date due to strong pre-auction offers being made.” The institute would expect sales volumes to slow in April, Alexander said. That was something that happened every year as the weather cooled and with the school holidays, Easter and Anzac Day all occurring in the same month.
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