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Market Watch

January 2020 Market Update

Happy New Year 2020! It has been a steady start to the new decade in the property market. In fact, the market didn’t really stop over the break, with a good lead in to Christmas with multi offers and sales right until Christmas Day.

 

This activity continued during the break as both vendors and purchasers were eager to get their property goals checked off for summer.

 

At only a few days into the New Year, the speed of new listings is accelerating. This is earlier than usual, as the market traditionally doesn’t start to pick up momentum until mid-January.

 

We’re expecting a fairly stable market over the next few months. Interest rates remain low and buyer confidence is healthy, and overall we’re seeing a settled market where both buyers and sellers are realistic and accepting of the market. The good news for vendors is that current market conditions mean that if you have a well-presented property at a realistic price, there will be a buyer – or multiple buyers – for your home.

December 2019 Market Update

As we head into Christmas it’s fitting to talk about giving and community at this time of the year. In recent weeks we were delighted to present donations to both the Harbour Hospice and Tui House to support the fantastic work they do. Our clients appreciated the fact that money was going to local people to support them in their time of need.

 

We are also gathering donations for those who find Christmas a tough time so we are collecting toys and non-perishable food items for the Rodney Women’s Centre and The Coast Families Organisation. It’s heartening to see gifts already coming in from our supportive community. If you have a new present or food donation that you’d like to make, please visit a Harcourts Tandem branch.

 

In terms of the property market, December is shaping up to be a busy month. We are running auctions right up until 18 December, with some high-quality properties on offer. What we have noticed over the last month is a rise in pre-auction offers as purchasers are keen to get their property goals sorted before the end of the year. This is resulting in some extremely positive results for our vendors.

 

If you’re thinking of selling your property in the New Year, talk to us before the Christmas break. One of the advantages of this area is the influx of summer visitors – if your home is on the market you may attract a passive visitor who falls in love with your property, plus your listing details are available to those spending their Christmas break actively searching for a home.

November 2019 Market Update

Providing exceptional client service is a key principle at Harcourts Tandem Realty and this is something our teams live and breathe every day. That’s why we’re very excited to have been recognised for this at last week’s Harcourts Quarterly Awards.

 

The Tandem branches swept up a number of awards, including the coveted Client Experience Award for our Orewa and Whangaparaoa offices. This is the award we all strive for and recognises an exceptional level of client service. The best thing is that it is voted for by our clients who rate the offices – so we’ve been awarded by our customers!

 

A number of our individual agents also received awards, and the Warkworth Office took away the honour of being the Top Office nationwide in September for the medium group category – an outstanding achievement.

 

Another core part of the Harcourts Tandem experience is ensuring our agents have all the up-to-date skills needed for their jobs. Training plays a crucial role at Harcourts Tandem and next week we are holding a training session around auctions so that our agents can hone their skills in this important area and keep up with best practice.

 

We’re also placing a real focus on our digital experience at the moment – to ensure we’re marketing our clients’ properties effectively and improving the reach of their marketing dollar. Look out for changes soon!

 

All of the above reflects our commitment to our clients – we’re here to get the best result for you. If you’re looking to make a move, call our award-winning offices today.

October 2019 Market Update

Over the last month we’ve witnessed a growing confidence in the property market. Record low interest rates are bringing with them an influx of buyers, and auctions continue to be successful with a high proportion of homes selling under the hammer or shortly after.

 

We are seeing a more buoyant market in Rodney compared to some other areas in Auckland, and with numbers peaking at 32 attendees at one open home this past weekend; buyer confidence seems to be increasing coming into Spring.

 

Bearing this in mind, if you are thinking of placing your home on the market in the next month, our advice is that it’s never too early to prepare your home for sale.

 

Although we definitely recommend decluttering and storing away all personal photos, so that potential buyers can envisage themselves in your home, there are many other small tasks that will increase the attractiveness of your property to buyers.

 

Enlist a professional cleaner to give your home a good once over before the photos are taken. Most of us never quite attack the dirt under the sofa, so it pays to invest that little bit extra for a professional touch. Giving your blinds or curtains professional cleaning can work wonders and you’ll be amazed at how much brighter your rooms appear with freshly cleaned window coverings. And don’t forget the small things like changing out non-working light bulbs and smoke alarm batteries.

 

Like most of us, you probably have a list of small building or electrical jobs to do. Tradies are always in high demand so book them in now as it can take weeks to get an appointment.

 

Finally, first impressions count so make the front of your home look its best! From colourful potted plants as you enter the property, to a new welcoming mat and freshly cleaned gutters, it will pay off to set a great mood from the outset. Think curb appeal!

 

We are here to help you get the best possible outcome for your property this Spring, so give us a call to learn of some more tips and to make the most of the active Rodney market.