We are in a ‘Sweet Spot’

Bob Nahab from Bob Nahab

Selling your home for the maximum price is about timing, and at certain times in the year there are sweet

spots in the marketplace, you could call this a perfect storm for a seller’s benefit.

Normally these moments are limited to 1-2 seasonal timings i.e. early January and late October.

Sometimes however, the market will present itself with unique opportunity gaps, which is what we have now. The factors that are causing this opportunity are:

- Available houses on the North Shore has decreased by 10% in the last 3 weeks, and is continuing a downward trend
leading into the Winter months.

- Imminent changes from the Reserve Bank in official Cash Rate (OCR) cut; combined with confirmation that Capital Gains Tax has been axed all bode well for buyer sentiment.

- Median house prices; Median house prices in Auckland remained exactly the same as April 2018 at $850,000 thus showing that values are stable.

This means that there is less seller competition in the marketplace and for the property buyers are purchasing with urgency. Provided a property is correctly marketed, this is resulting a successful sale result for sellers and the opportunity to move to their next dream home.

One of the unique ways that I help my clients is by using my experience in a large amount of renovation projects, to guide you on how to best present your home for your buyer target market, or opportunities for immense value to be added to the home.

If you are considering selling and would like to take advantage of this unique opportunity you can set up a time by reaching me on 021 339 905 or email me on bob.nahab@harcourts.co.nz. If you would just like to discuss the current market conditions a bit more, I’d also welcome your contact.