Private versus agent sales

Investors planning to sell their property may be tempted to try their hand at a private sale. But are private sales a good idea?

Monday, July 25th 2016, 9:00AM

by The Landlord

The superhot housing market means demand for property is running high, particularly in Auckland. Odds are now tipped in favour of sellers.

This means many a property owner planning to sell will be pondering whether they need a real estate agent to help them.

After all, it can’t be too hard to sell in a booming market, can it?

In the August issue of NZ Property Investor magazine, our journalist set out to find the pros, cons and realities of selling a property privately as opposed to selling via a real estate agent.

She found that it’s not hard to establish why a private sale might seem an attractive option.

Potential savings and greater control of the process might be on the cards for the private seller.

But it’s also easy for a private seller to overlook crucial components of the sale process which, in turn, can have a significant impact on the end sale result.

To read more details about selling privately versus selling via an agent – and to find out the top 10 tips for private sellers - click here to get the digital issue of NZ Property Investor magazine.

Subscribe to NZ Property Investor magazine here to get great stories like this delivered to your mailbox every month.

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