Ilse Evans Says Now Not the Time to 'Test the Market' With Buyers
Friday 26 April 2019, 3:21PM
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Sellers in this softer market can be forgiven for being tempted to ‘test the market’ with buyers, hoping for a positive response to the price being asked. However, Harcourts’ Ilse Evans warns that now is not the time to sell your property in this manner. What vendors need now is an honest agent on price expectation from the outset, and they need a good negotiator. Ilse is that agent.
If you are selling, Ilse is a person you can trust to make recommendations that will ultimately result in sound strategies to ensure the maximum price is reached, and those sellers who are realistic with the current state of the market and price their house competitively are usually seeing homes sold.
It’s not hard to imagine that more vendors may start to adjust their expectations in the coming months and that the emerging ‘buyer’s market’ in Auckland will continue. Values look set to be flat at best. Taken as a whole, Auckland’s property market is soft and it’s easy to see this continuing in 2019. The reasons are pretty obvious, including high prices and low affordability, shift in demand from the foreign buyer ban, LVR restrictions, Bright Line test extensions, AML requirements and the high level of listings, which is providing buyers with options and probably leading some vendors to adjust pricing to get their sale across the line.
If you are thinking about selling your North Shore home this year you’ve probably considered what the best ways to get the best returns are – and of course, the time of year and the season makes a big difference as well as presentation. No matter when you sell, you can fetch a great price for your home if you have the right agent on the job.
Ilse Evans is an agent who you can trust to make recommendations that will ultimately result in sound strategies to ensure the maximum price is reached, so for more information on Harcourts Takapuna, real estate agents Takapuna and property appraisals Takapuna please go to https://www.ilseevans.co.nz/listings/ .