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FAQ

Read our most frequently asked questions!

 

Selling

How does Prestige achieve the best price?

We've developed a proven sales system to maximise the return on your home. It starts with understanding your goals in our first meeting, and discussing ways to increase your home’s value and present it in the best possible way. Every detail can make a difference.

What to know before selling a property?

Selling a property is a complex legal process and a very significant financial transaction – so it is essential that you find out as much as possible about the process before you begin.

Get a lawyer before you set out to sell your property - selling can be a fast-moving process and you will need independent legal advice.

Check if an agent is licensed and has had any complaints upheld against them - You can search the REAA online public register of licensed real estate agents to see if your agent is licensed and whether they have had any complaints upheld against them.

Once you have selected an agent to market your property they will ask you to sign an agency agreement. This is a legally binding contract and you should consult your lawyer before signing it. Your agent must recommend that you get legal advice before signing an agency agreement.

Your agent must also give you a copy of the Agency Agreement Approved Guide before you sign the agency agreement and ask you to confirm in writing that you have received it.  We recommend that you read this guide before meeting with agents and choosing which agent(s) you wish to deal with.

Read the Agency Agreement Approved Guide

Auction

Is it best to sell at auction?

We have found public auctions to be highly effective, especially when there are competing buyers. Emotional engagement and competitive tension can lead to a higher result. Your alternatives include a private treaty sale, or public tender. Your Prestige estate agent can advise you on the best method for selling your home.

Buying

What to know before buying a property?

Buying a property may be the biggest financial transaction you will ever be involved in, with potentially significant costs if it goes wrong, so find out as much information as you can about the buying process – even before you start looking at properties

Get a lawyer before you start the buying process - When you make an offer on a property you will be asked to sign a sale and purchase agreement. This is a legally binding contract and the process can move very fast – so get prepared.

Read more about making an offer.

Read the REAA guides and information sheets

A wide range of information, including guides and information sheets, is available on the REAA website to help guide you through the buying process.

We recommend that you read this information before you start looking for a property.  Key information about the buying process can be found in the Buyers and Sellers Guide -Get smart before buying and selling property (.pdf 692 KB) and the Sale and Purchase Agreement Approved Guide (.pdf 551KB).  Agents must give you a copy of this before you enter into a sale and purchase agreement – but we recommend reading it before you begin the buying process.

You can ask the agent anything you want to know about the property and they can’t withhold anything they know. However, you shouldn’t rely only on their information and you should do your own research. Consider getting a property inspection report, Land Information Memorandum (LIM), and a title search

Depending on the property, other things to consider getting checked out are: weather tightness issues; possible p contamination; the condition of plumbing and wiring etc.

Make sure you understand the different methods of buying and selling properties in New Zealand - these include sale by advertised price, by tender, auction, Buyer Enquiry Over (BEO) or Buyer Budget Over (BBO).

Read more about different methods of buying and selling a property

 
 

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Email.
+64 9 489 2699
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PRESTIGE
9 Milford Rd
Milford
Auckland
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9.00 AM - 5.30 PM
 

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