Why Sell Privately? | We address your concerns
I don’t know the process and wouldn’t know what I was doing
Many people in New Zealand shy away from selling privately but Here’s a House makes it easy for you. Our step by step guides remove the guess work and helps to ensure you are organised and have the right people on your side. We believe these are the key ingredients for achieving a successful sale. For those looking to sell property, our Sellers Guide walks you through how to market, negotiate a price and legally sell your property. If you are looking to purchase, our Buyers Guide gives step by step instructions from seeking out the perfect property all the way through to sealing the deal.
I don’t want the hassle of dealing with potential buyers
With Here’s a House you control the sales process and you decide which interested parties you want to have a conversation with. Perhaps you want to communicate with all interested buyers or perhaps you only want to communicate with those who are looking to buy their first home. It's over to you! The Here’s a House message facility enables you to exchange telephone numbers, email addresses or organise viewings with prospective buyers. With our 'offer service' you can also receive, counter and accept verbal offers from members and avoid those awkward negotiation conversations.
We understand that selling your property privately is not for everyone, so if you prefer, Here's a House can help you connect with Real Estate Agents who will do the job for you.
Is selling privately really going to save me money?
We think it could! The calculation of commission does vary throughout New Zealand and across agencies, however as a general rule of thumb the lower the sale price, the higher the commission percentage! To give you an idea of how much you could potentially save by selling your house privately check out http://www.hometopia.co.nz/help-me-sell/agency-fees-at-a-glance. As at June 2017, the median house price in New Zealand is around $500K. According to hometopia, a property selling for $500K may result in agent commission fees of as much as $23K (or 4.6%). Ouch! Imagine what you could do with $23K! A new bathroom or kitchen renovation? Maybe some double glazing? A new deck complete with jacuzzi? Whatever your vision, we think the potential savings will be well worth your while.
However, some people would argue with this and say better prices can be achieved by using a realestate agent. We want to give you the choice, so by listing your property on Here's a House, you will get both buyers and realestate agents reaching out to you, so this expands your sale options before you decide on the best way to proceed.
Real estate agents reach more buyers which drives up the sale price
Some real estate agents are worth their weight in gold and their involvement can result in a higher sales price in comparison to what an inexperienced private seller could achieve However, we feel that sales approaches such as ‘deadline sales’, ‘multi-offer contracts’ and ‘auctions’ have and continue to contribute to over-inflated property prices in New Zealand. We worry about what our children will be faced with when they get to the house buying stage and feel that private sales; where there is no commission fee, can and often results in both the buyer and seller happy with a fair sales price that has been achieved. Here's a house helps you court interest by showing your property to potential buyers and agents, so you then have all the cards on the table and can decide what sales method you are most comfortable with.