Signing a Listing Agreement?
When you choose a real estate salesperson to sell your home, you will be required to sign a listing agreement - a contract in which you agree to allow the salesperson to sell your home during a given period and at a given commission rate. The agreement says that you will pay the Real Estate Professional a fee when you sell your home. Most real estate salespeople are independent contractors who work for a company operated by a licensed real es…
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Selling your home in winter?
Q: We are moving overseas and have to sell before we go, which means we will be selling in winter. Our agent says it won’t make any difference but we’re not so sure. What are your thoughts? A: Although the market is typically a little slower during the cooler and wetter months, there are plenty of advantages to selling during winter. Serious buyers will be on the lookout for property regardless of the time of year, and you will almost certai…
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Sell First or Buy First?
Q: Now that our children have all grown up and left home we want to downsize from our current property in Parnell to a smaller property. We are worried though that if we sell we won’t be able to find anything we like. What options do we have? Margaret B. A: This is a very common question these days Margaret, especially with the shortage of houses on the market in Auckland right now. Obviously you have two choices: Sell first then buy, or bu…
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Thinking of buying off-plan?
Q: We are about to put our home of twenty years on the market and are considering buying an apartment in the city off the plans. The block we are looking at will be finished in another 18 months so then we can decide whether to move in for a while or rent it out. What are your thoughts on buying off the plans and what are the risks? Julie & Bryan K. A: Interestingly our partner company Loan Market recently published an article on this, s…
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