Im seeing a lot of properties on the market for 8 months then just removed. Or I am seeing properties sell for much less than their value in 2017, some of them $200k less on a $900k property.
Given the recent uncertainty and worry around a crash due to our amount of personal lending vs our incomes and our property values along with a number of world economists stating we are the 1st or 2nd most likely to crash, of course plenty have different opionions.
Either way as a buy reno and sell person, I have a property I want to offer 20% less than MV (which I have formulated from over 100 recent sales in the area),
In NZ is it compulsory for the agent to put all offers forward?
The property is actually fine as it is needing near no work, but its already 90k below CV, the couple have bought elsewhere and are desperate to sell, ie motivated vendpr.
Another $50k and we are there, Convincing the agent why my offer is valid is the key issue.
Given the recent uncertainty and worry around a crash due to our amount of personal lending vs our incomes and our property values along with a number of world economists stating we are the 1st or 2nd most likely to crash, of course plenty have different opionions.
Either way as a buy reno and sell person, I have a property I want to offer 20% less than MV (which I have formulated from over 100 recent sales in the area),
In NZ is it compulsory for the agent to put all offers forward?
The property is actually fine as it is needing near no work, but its already 90k below CV, the couple have bought elsewhere and are desperate to sell, ie motivated vendpr.
Another $50k and we are there, Convincing the agent why my offer is valid is the key issue.
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