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Signing a Listing Agreement?

When you choose a real estate salesperson to sell your home, you will be required to sign a listing agreement - a contract in which you agree to allow the salesperson to sell your home during a given period and at a given commission rate. The agreement says that you will pay the Real Estate Professional a fee when you sell your home. Most real estate salespeople are independent contractors who work for a company operated by a licensed real es…

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Selling your home in winter?

Q: We are moving overseas and have to sell before we go, which means we will be selling in winter. Our agent says it won’t make any difference but we’re not so sure. What are your thoughts? A: Although the market is typically a little slower during the cooler and wetter months, there are plenty of advantages to selling during winter. Serious buyers will be on the lookout for property regardless of the time of year, and you will almost certai…

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Sell First or Buy First?

Q: Now that our children have all grown up and left home we want to downsize from our current property in Parnell to a smaller property. We are worried though that if we sell we won’t be able to find anything we like. What options do we have? Margaret B. A: This is a very common question these days Margaret, especially with the shortage of houses on the market in Auckland right now. Obviously you have two choices: Sell first then buy, or bu…

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Getting Ready for Sale

Q: My wife and I have several investment properties and we are thinking of selling one. It has been rented for many years and needs a makeover before we sell. Any advice? Thanks Jerry C. A: Renovating as an investor demands your personal wants and needs are put aside, with a focus on the bigger picture instead. Where your own home may allow you to indulge your every design whim, renovating an investment property demands a considered approach…

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