When a property owner considers selling their home, they often seek an understanding of its potential market value. In cases where a mortgage is involved, a property valuation is typically required by the bank. Our platform facilitates the arrangement of a market valuation, sometimes referred to as a market appraisal, through the collaboration with a knowledgeable local real estate professional affiliated with the Real Estate Association (REA) since 2008. The primary objective of this platform is to connect you with a highly skilled agent in your vicinity.
The recommended agent we connect you with is a top-notch professional dedicated to assisting you. We charge the agent for this introduction based on the postcode and the number of market valuations they’ve performed. This approach ensures you always receive the most suitable agent for your needs.
The market valuation or appraisal entails a comprehensive report that presents all relevant information on comparable property listings and recent sales in your area. Additionally, you’ll receive guidance on the recommended sales approach to achieve the best possible price for your property.
HOW WILL NEW LEGISLATION AND INTEREST RATES AFFECT ME?
Right now, in 2023, interest rates have increased compared to 2022. Much faster than any other rate increase with the reserve bank over the last ten years. The New Zealand Government is trying to take the heat out of the market by introducing new legislation.
The only way to see what your house would sell for is to use a licensed Real Estate Agent. The report you will receive from our specialists will include a market commentary on what is happening in your location.
Remember, the market valuation is what buyers will be willing to pay for the home.
This might be vastly different from the amount you thought. Just because you put thousands of dollars into the home repairing or renovating doesn’t mean you’ll see a dollar-for-dollar return on your investment. The ancient old saying ‘it’s worth what someone will pay’ remains true today. Nothing has changed. Only external influences can affect that demand.
So, before you list or sell your property, fill in the questionnaire and see what your place could sell for, and we will send your details out to the top agent in your location to give you an idea of market valuation. Most market valuations or appraisals can be done via phone or email. For a more accurate appraisal, we would always recommend an onsite visit.
How we determine the sales value of your property
Virtual Sales Valuation/Appraisal
The agent can give you an electronic summary of recent sales and listings in your location, showing you the average RV-to-sales ratios and similar properties sold in your area. This is sent to you after a short phone conversation. You can evaluate this information for your research purposes. You can elect to have this emailed, dropped off or posted to you. However, for a more accurate assessment, a brief onsite visit is recommended.
Onsite Sales Valuation/Appraisal
To be able to do this, the agent will visit your property for around 15 to 20 minutes and come back with a comprehensive written appraisal and marketing recommendation. The agent will also factor in current market conditions at that given time and any renovations or property updates that have happened. This is most likely done with one or two agents to gauge a better understanding of the value your property could achieve on the market if sold.
Note: If you are a real estate agent and wish to be considered for this service, you can apply here for your priority postcode options. Please note that not all postcodes are available, as most experienced agents have these.
Did you know 84% of people that move homes stay with their same bank because it seems too hard to change?
Your bank doesn’t need to compete for your business – they already have it; therefore, they’re not keen to offer any goodies to keep your business. However, other banks are;
All banks are vying for new business; you only have to see who’s spending the money on traditional media. Most will offer more attractive terms than your existing bank can provide. New banks want to bring you in as a customer so that they may offer more attractive terms. Sometimes you’ll see very lucrative cash incentives to ‘come on over’.
A mortgage broker has relationships with many providers. This gives you options, but you only have to complete one mortgage application. Get multiple quotes with different interest rates and mortgage terms.
Learn how you can save money just by trimming your interest rate or knocking down your term. Marvel at the bottom line figures that have you save thousands of dollars, all with this free service.
How to Sell Your House for More?
Are you ready to sell your house for more? Complete our online assessment, and we’ll send you our free guide. In this guide, you’ll learn what to do and not to do to get the best price for your home. The answers may shock you!
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Choosing the right agent is a big part of the selling process. Are you unsure who you want to use? Check out our free guide on how to interview an agent. Download our guide and learn the EXACT questions you should ask each agent.
We’ll walk you through step-by-step, giving you the right questions and actions to take that will lead you to the real estate agent that will help you earn top dollar for your home. Our advice is based on years of information collected from some of New Zealand’s top real estate agents.
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Here at Price My Property, we know how hard it is to make that next move.
We are Auckland based and work right across the country helping vendors.
Before you decide to sell your home, get the right advice from one of our qualified agents.
Some of you may want an online electronic market e-valuation (via email), and some will want a free face to face market appraisal, you decide when they make contact.
Whether you’re upgrading, downgrading, moving city or selling an investment, you always want to know what the market valuation will be before you start. It’s what we do.
