ADVICE ABOUT SELLING A LIFESTYLE PROPERTY
We have been vetting and shortlisting lifestyle property agents for sellers for over ten years because there are right ways and wrong ways to sell a lifestyle block - and the difference can result in tens of thousands of dollars, sometimes more.
You will already know that every lifestyle block has its own unique selling points, quirks, legal descriptions and challenges and every vendor has different experience and knowledge about selling a lifestyle property. Some have minimal or no experience at all.
LIST WITH THE RIGHT PROPERTY AGENCY FIRST TIME ROUND
A decade of helping Kiwis to sell lifestyle blocks has proven to Agent Finder NZ that selling them a second time around because they failed to sell the first time they were listed turns them into one of the hardest of all properties to sell. Getting it wrong can be very costly in the end, so do it right the first time.
For these reasons, we can't stress strongly enough that you will require the skills of a specialist lifestyle property agent who has been vetted and proven competent in selling lifestyle properties.
Many higher than average sale prices and short sales timeframes along with a smooth streamlined service from Agent Finder NZ has resulted in great reviews for us by lifestyle sellers in Rolleston, Christchurch, Auckland and the Coromandel.
If you are a lifestyle block owner who has decided to sell, don't take the risk of picking the first property agency that comes along promising you a 'dream price' that doesn't stack up or puts a flyer in your letterbox.
Whether you are selling an average value lifestyle block or a luxury lifestyle block, you should expect the best practice real estate service available, so don't compromise - ever.
We explain here why this is a specialist field of real estate agency work and what you can do to sell for the best price, quickly if you need to.
If you are under pressure for time, we can vet lifestyle property agents for you. Call 0800 789 532 - it's a genuine free service.
THE 'RIGHT' PROPERTY AGENT BETTER THAN THE FASTEST
There is no one-size-fits-all which is why we have been specialising in vetting lifestyle property real estate agents for vendors selling all types, from small to luxury lifestyle properties since 2009, all at no cost.
Ms Weston's commendation:
'Thanks so much for all this information and the leg work you have done, wonderful! We are thrilled we have found your real estate company and the service you offer, it's been a weight off my shoulders.
Many thanks. R. Weston
PROPERTY AGENCY KNOWLEDGE OF LIFESTYLE BLOCKS ESSENTIAL
Selling real estate can be complex, often unexpectedly so, and sometimes just at the very end of the process when you think you have a done deal.
A property agency must have systems and policies in place to conduct the sale of your lifestyle property without errors, beginning with the accuracy of an appraisal to interpreting legal documents, to supporting you with meeting the conditions in the sale and purchase agreement.
A solid grasp of all the legalities involved is essential and limited knowledge of legal documentation can be dire for both you and your buyer. Examples include LIMS, PIMS, Easements, Bores, Survey Plans, Titles or Taxation Payable.
REVEALING DATA ABOUT LIFESTYLE PROPERTY SALES
Data collated by us since 2009 has identified a number of 'risk indicators' that help to predict which properties will most likely be difficult to sell, and which ones should sell for an optimum price, within a good time frame.
If a lifestyle property meets more than one of the 'risk indicators', this can make the viability of a sale, even when remarketed with a competent property agency second time around, a waste of investment in time and money.
If you are intending to list your lifestyle property, doing your due diligence now will help prevent you from having to relist a second time around, which can end up being disheartening and very expensive.
SELLING THE RIGHT WAY, FIRST TIME ROUND
Reasons why lifestyle properties become difficult to sell include inaccurate property appraisals or vendor price expectations, poor presentation, or poor marketing or inquiry follow-up by a real estate agent.
There could be code of compliance issues, bore pump, easement or boundary issues with neighbours. The reasons are varied and often technical.
As you get organised to interview property agencies, be aware there is information specific to lifestyle blocks that you should check before signing a real estate agency agreement and we are happy to help support you through this process.
ACCESS TO REAL ESTATE RESOURCES THAT PROTECT YOU
Things can go wrong but things do go right, especially when a vetted property agent has been engaged for a specific lifestyle property sale they were short listed for.
We not only vet property agents, but we equip you with information that empowers you to make smarter decisions about selling your lifestyle property for the highest sale price.
With that comes resources that also protect you from things going wrong.
Our advice will also include:
Taking steps to protect yourself from being liable for two commissions to two different agencies
Understanding the type of agency agreement contract you are signing up for
- Being aware of the different commission rates for rural, lifestyle and residential agency agreement contracts
Don't underestimate the value of this information - it can make a significant difference to both your experience and your equity and we can help you with this.
Get In Touch or Call 0800 789 532 first - we live on a lifestyle block so we understand them.
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Article updated: March 2021