26 blog posts Filter

Riverview School Bazaar

September 19, 2017

REAL IN OUR COMMUNITY

Another brilliant Riverview School Bazaar was held in good weather last weekend with the REAL Team providing over 1,000 sausages and volunteering to man three sausage sizzle sites on the day. Pete Gentil also provided his usual MC services, keeping everyone informed and enthused throughout the event. A huge number of people attended enjoying a multitude […]

A Huge Auction Success

September 19, 2017

REAL ESTATE INDUSTRY

This little gem sold under the hammer yesterday and a huge success it was. The REAL team achieved a result well above Vendor expectations and we’re all rapt with the outcome. Not every property is suitable for Auction, so speak to the REAL team about the best options for your property and remember, the REAL […]

Kerikeri Sales Comparison - 2016 YTD and 2017 YTD

June 28, 2017

MARKET UPDATE REAL ESTATE INDUSTRY

Sales volumes down, prices up on lack of stock The latest property sales stats from REINZ for the Kerikeri area through May 31st show a similar number of sales for homes selling for over $500,000 as compared to the same period last year. However, it is a different story in other categories with a decline […]

That America's Cup Buzz

June 27, 2017

MISCELLANEOUS

The buzz of the America’s Cup is all around us! What a win! We have so much to be proud of when it comes to ETNZ, not to mention the fact that 3 of the crew have ties to Kerikeri. We can also be proud of our leaps and bounds in innovative yachting over the […]

Irrigation - Kerikeri’s Underappreciated Resource

May 15, 2017

HANDY INFO REAL ESTATE INDUSTRY

One of the major appeals for people moving to and living in Kerikeri, is the prospect of living ‘the good life’. Getting their hands dirty and growing their own patch is one of these aspects. Kerikeri’s history of being one of the first horticultural areas in New Zealand was created by our free-draining volcanic soil, […]

The Risks of Meth When Buying and Selling

April 11, 2017

HANDY INFO MISCELLANEOUS

A test to check for the presence of meth when purchasing a property is becoming more common, there is still a lot of speculation and miss-information out there, but it is something we have to deal with and there is a process to follow once there has been an indication of the presence of Meth […]

Time to Invest

March 14, 2017

MARKET UPDATE REAL ESTATE INDUSTRY

The rental market is a great measure of the health and state of the real estate industry. Here in Kerikeri, we are experiencing a simple case of low supply and high demand for housing, resulting in soaring rental increases; some between 15%-20%. Below are a few tips on base improvements that can be made to […]

How's the Real Estate Market?

March 7, 2017

MARKET UPDATE

Everybody has their own personal take on what is happening in the real estate market and depending on their circumstances, it will have a major influence on what they believe. Buyers regularly push the belief that the market is softening because this is what they want to believe. Often, they will actually make a story […]

The Myths of International Marketing

December 7, 2016

MARKETING REAL ESTATE INDUSTRY

As real estate salespeople, we’re often asked “Why should we list our property with your agency?” Every agency and salesperson has their own response to this question. Some will try to sell you their glossy marketing magazines and advertising programmes often resulting in a hefty vendor funded campaign. Some will tell you their brand presence […]

Rateable Valuation vs. Market Valuation

November 16, 2016

MARKET UPDATE REAL ESTATE INDUSTRY

Obviously, there are less boring things on God’s green earth to talk about than Rateable Values (RV), but it’s an important subject nonetheless. Common misconceptions of the true meaning and a bombardment of other acronyms have left a few, well, misguided. RV is also sometimes known as the Government Valuation (GV) or Capital Value (CV) […]

September Market Commentary

October 12, 2016

MARKET UPDATE

A huge 69 sales for Kerikeri and surrounds (inside the Kerikeri High School zone) in September sets a new record for any one month. This high number of sales was driven primarily by increased interest in bare land and lifestyle properties (land size above 1 hectare). This brings the number of unconditional property sales in […]

GST – Compulsory Zero Rating Rules

October 11, 2016

HANDY INFO REAL ESTATE INDUSTRY

The introduction of the compulsory zero rating (CZR) rules for all land transactions between GST registered buyers and sellers of real estate has greatly simplified the IRD’s role in collecting GST but has significantly complicated the roles of everyone else who must work with the rules. This typically includes both vendor and purchaser, their legal […]

Latest National Sales Trends and Kerikeri’s Outlook

September 3, 2016

MARKET UPDATE REAL ESTATE INDUSTRY

Sales figures for July, released earlier in the month by REINZ, show a cooling trend in the property market for all of New Zealand, driven largely by a slowdown in Auckland. This slowing of sales was also reflected in Kerikeri’s figures for July – yet enquiry from buyers is still going strong! New listings have […]

By the Numbers

August 20, 2016

MARKET UPDATE

REINZ reported a 37% increase in sales volume for Kerikeri in April compared to April 2015.  This compares with an increase in Northland of 18%.  Sales volumes in April were down slightly from March in Northland but up 16% in Kerikeri.  Median prices rose 29% in Kerikeri compared to April 2015; again, the highest levels […]

Vendor Responsibilities and Possible Liabilities

August 5, 2016

HANDY INFO

Before entering into an agreement to sell a property you must read and understand the warranties you are giving at general term 6 (or 8 in an auction agreement) of the Auckland District Law Society (“ADLS”) Agreement.  In an ideal world you will seek advice from your lawyer prior to signing any Agreement because unravelling […]

Builders' Warranty

July 26, 2016

HANDY INFO

All designers, consultants, builders and tradespeople involved in residential construction, whether it’s a new home or an addition to an existing home, need to be Licensed Building Practitioners (LBP). The LBP undertakes restricted building work. That is, work related to weather tightness or structure of a residential building. Arecord of works also needs to be […]

Keeping you Informed

June 26, 2016

MARKET UPDATE

It’s important to us to provide honest information and opinions regarding buying and selling property.  This month’s heading for our newsletter reflects this commitment to you. With the shortage of homes and high buyer demand, multiple offers have become commonplace and many of our current sales are now multi offer situations.  Multi offer situations can […]

Supply and Demand Affect Our Prices

April 20, 2016

MARKET UPDATE REAL ESTATE INDUSTRY

We continue to see values going up, especially close to town. Two bedroom units have been selling like hot cakes (as long as they are within walking distance to town). The attraction for inner town living is predominantly the convenience for retirees, having Kerikeri’s cafés and restaurants and all the services at your doorstep and […]

Purchasing Land

April 5, 2016

HANDY INFO

With the current strong real estate market in Kerikeri one of the outcomes is that there is less stock and a limited choice when it comes to buying houses. Consequently, many home buyers are opting for buying a section and building their own home. The process and issues to be aware of: It would seem, […]

Who is the REAA?

March 28, 2016

REAL ESTATE INDUSTRY

The Real Estate Agency Authority (REAA) is an independent government agency that regulates the New Zealand Industry formed under the Real Estate Agents Act 2008. The REAA’s role is to promote a high standard of service and professionalism in the real estate Industry and help protect buyers and sellers of property from undesirable behaviour of […]