EP: 196•
In this episode, Micky Limmer from Bayleys Canterbury joins the show to talk about the questions you should ask real estate agents when you are planning to sell your property.
Micky mentions that we should make sure that we respond well to the agent, since we'll be working with them for a few months. In addition to this, the agent will be nurturing the prospective purchasers of your property, so you want to have a sense that they will do this well to get more potential buyers interested so they bid up the price.
The agent should also understand both your property – it's major selling points and benefits – and the local market.
If the agent has a track record and has had success in today's market, then they will likely know people who missed out on other properties (along with what they bid). This means that a top agent will already come to you knowing potential buyers they can pick up the phone and call.
The agent should also have an understanding of the right sales process that is going to work for your property.
If your property is in a premium and your ideal purchaser is likely going to have lots of equity or cash to use, then they can likely get themselves in the position to make an unconditional offer. That means an auction process would work better.
However, if your ideal buyer is a first of second home buyer, then they will likely need a valuation and pre-approval on the home before they can go unconditional. That means a deadline sale may be more appropriate.
We also mention the Opes Partners Instagram. Every second day we publish a new carousel that educates you about the property market. Follow us there to stay up to date.
EP: 2017
In this episode, we discuss dollar cost averaging and how to apply this top property investment.
This includes how you can make more money investing consistently – rather than holding out for the bottom of the market.
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
EP: 2016
In this episode, we discuss why property investors need to diversify and think about diversification.
This includes how to make the same money (generate the same return) while lowering your risk.
And how you practically do this as a property investor in NZ.
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
EP: 2015
In this episode, we discuss how to deal with bad neighbours. That includes one case where a tenant's neighbours were threatening to poison their dog. We talk through who to call in different situations and a few case studies of when neighbours truly are at war.
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
EP: 2014
In this episode, we discuss the exact process to get a mortgage top up. That includes what you can use a mortgage top up for, who you need to talk to, and different ways you can set it up. Ultimately, property investors can use this information to decide whether a mortgage top up is right for them.
Looking to calculate and compare your mortgage repayment options? Use our mortgage calculator to find out your potential monthly payments.