My parents are wanting sell their home. It's 954m on flat land in Henderson West Auckland, off Lincoln Road close to The Warehouse. Question is the house and garage needs a lot work done. Do they do up the house a bit or leave as is, so that a developer can pull it down. No Real Estate agents please.

rod2 - 2021-02-27 14:40:00

I would say leave as is. It sounds central and near good infrastructure so my guess is a developer would pull it down for multi housing anyway. What is the zoning?

lakeview3 - 2021-02-27 14:50:00

Agreed - do nothing, Most of that area is mixed housing urban, which encourages increased housing density- eg three storey townhouses. 954m is massive in that respect.

Kerching.

sparkychap - 2021-02-27 15:10:00

I could be interested

smallwoods - 2021-02-27 15:32:00

The member deleted this message.

rod2 - 2021-02-27 15:35:00

Thanks, Leave the property as is and hope someone's out there who wants to develop it. Cheers Mrs Evans

rod2 - 2021-02-27 15:47:00

Leave it as the value is in the land, not the house.

msigg - 2021-02-27 16:23:00

leave house as is but declutter.
Also clear the section if needed.
Search unitary plan maps for zoning https://unitaryplanmaps.aucklandcouncil.govt.nz/upviewer/

groverg - 2021-02-27 16:36:00

groverg wrote:

leave house as is but declutter.
Also clear the section if needed.
Search unitary plan maps for zoning https://unitaryplanmaps.aucklandcouncil.govt.nz/upviewer/[/q
uote]

Thanks, house and section is kept in great condition. Home needs a new kitchen and bathroom. It's zoned for 3 story town houses.

rod2 - 2021-02-27 18:03:00

If you actually sought the advice of a couple of real estate agents they would be able to advise on the minimum of things you could do to achieve a sale. Friend did this and was surprised at the items the real estate agents said 'no don't bother with that' but if you want you could do some thing about that.....which was not an item they thought needed doing.

My dad, a REA, said anything you can do to get them up the path and in through the front door is worth doing. ie first impressions. That included trimming shrubs at the front, making sure the path was clean and clear, the gate worked, the letterbox looked Ok........,windows cleaned, garage door oiled if it is one of those ones.......lawns mowed. Junk moved ie no spare car wheels outside etc etc

Declutter inside

shanreagh - 2021-02-27 18:08:00

shanreagh wrote:

If you actually sought the advice of a couple of real estate agents they would be able to advise on the minimum of things you could do to achieve a sale. Friend did this and was surprised at the items the real estate agents said 'no don't bother with that' but if you want you could do some thing about that.....which was not an item they thought needed doing.

Thanks! It's going to be a private sale.

My dad, a REA, said anything you can do to get them up the path and in through the front door is worth doing. ie first impressions. That included trimming shrubs at the front, making sure the path was clean and clear, the gate worked, the letterbox looked Ok........,windows cleaned, garage door oiled if it is one of those ones.......lawns mowed. Junk moved ie no spare car wheels outside etc etc

Declutter inside

Thanks! It's going to be a private sale.

rod2 - 2021-02-27 18:16:00

rod2 wrote:

My parents are wanting sell their home. It's 954m on flat land in Henderson West Auckland, off Lincoln Road close to The Warehouse. Question is the house and garage needs a lot work done. Do they do up the house a bit or leave as is, so that a developer can pull it down. No Real Estate agents please.

Considering agents are probably best placed to advise your attitude is bizarre. Must be a westie mentality.

johnston - 2021-02-27 19:36:00

johnston wrote:

Considering agents are probably best placed to advise your attitude is bizarre. Must be a westie mentality.

if I had a prime piece of real estate the last thing I would want to do is literally give what can amount to a years worth of work to someone who may do a weeks worth of work, tops.

Edited by lakeview3 at 7:50 pm, Sat 27 Feb

lakeview3 - 2021-02-27 19:50:00

johnston wrote:

Considering agents are probably best placed to advise your attitude is bizarre. Must be a westie mentality.

Perhaps he thinks the house, because of location and zoning will sell itself. No doubt that it could do. Perhaps he does not want to pay commission.
BUT
if he wants to get the best return then a listing with an agent, with advice on the method of sale, advice on what if anything to do is a better bet.

RAs usually have lists of people/companies interested in an area that they will alert to a possible sale and can generate interest much better than a private listing.

OP if you do decide to list for a private sale, and for cusp properties like this one ie where zoning/densities are changing I would advise not to, please, please at least get the photographs professionally done.......

That way you won't have photographs of a solitary white chair outside, uncompromising photographs looking straight into and over the toilet, photographs that make it look like the rooms are slightly fish bowl shaped, pictures of the insides of wardrobes that make them look like black holes...

Edited by shanreagh at 8:07 pm, Sat 27 Feb

shanreagh - 2021-02-27 20:00:00

lakeview3 wrote:

if I had a prime piece of real estate the last thing I would want to do is literally give what can amount to a years worth of work to someone who may do a weeks worth of work, tops.

And what say the return was 40% higher for the weeks worth of work than for self marketing?

OP should try to get the very best return they can, especially if it is for relations who may be counting on the return to downsize or for moving into a retirement place.

Anything less than the very best return is misplacing the trust the relatives have in them.

shanreagh - 2021-02-27 20:05:00

groverg wrote:

leave house as is but declutter.
Also clear the section if needed.
Search unitary plan maps for zoning https://unitaryplanmaps.aucklandcouncil.govt.nz/upviewer/[/q
uote]

Have already stalked our property and a few others.

owen106 - 2021-02-27 20:37:00

shanreagh wrote:

And what say the return was 40% higher for the weeks worth of work than for self marketing?

OP should try to get the very best return they can, especially if it is for relations who may be counting on the return to downsize or for moving into a retirement place.

Anything less than the very best return is misplacing the trust the relatives have in them.

of course they should and there are numerous ways to achieve the same results, eg hire your own auctioneer, or have it out to tender. I like the tender option. Of course I would be getting a private valuation done first too.....

Edited by lakeview3 at 9:13 pm, Sat 27 Feb

lakeview3 - 2021-02-27 21:12:00

Given it sounds like your current real estate agent doesn't have a clue whether the house should be sold as is, or renovated in order to maximise the profit; and has taken to a public message board to get advise from a bunch of random strangers, none of whom have actually seen the property ... my advise to your parents would be to change agents.

desi1969 - 2021-02-28 00:40:00

johnston wrote:

Considering agents are probably best placed to advise your attitude is bizarre. Must be a westie mentality.

you jest, the agent thing, bahaha

gabbysnana - 2021-02-28 09:36:00

If it is in a well maintained but 'dated' condition - I would leave it as it is. A developer won't care, and if by chance real live in it now/land bank for later eg 10 yrs or more, (as some people have always done) person gets it, they will be able do the upgrades they want to make it comfortable for their time of occupation.

brouser3 - 2021-02-28 09:41:00

gabbysnana wrote:

you jest, the agent thing, bahaha

+1.
Someone trying to justify their existence?

sr2 - 2021-02-28 10:17:00

gabbysnana wrote:

you jest, the agent thing, bahaha

Not in the slightest. A good agent is extremely well placed to provide the information the op seeks yet she has adopted a snotty attitude. I would not give her the time of day.

You should try hanging out with a better type of agent than you obviously associate with.

Edited by johnston at 11:57 am, Sun 28 Feb

johnston - 2021-02-28 11:56:00

sr2 wrote:

+1.
Someone trying to justify their existence?

Please explain.

johnston - 2021-02-28 11:56:00

johnston wrote:

Please explain.

It's in the Real Estate industries best interest to discourage people from attempting private property transactions.

If I was a Real Estate salesperson I'd be singing the same song.

sr2 - 2021-02-28 16:49:00

sr2 wrote:

It's in the Real Estate industries best interest to discourage people from attempting private property transactions.

If I was a Real Estate salesperson I'd be singing the same song.

Do you mean agents and the like, or the broader real estate industry?

Edited by johnston at 6:26 pm, Sun 28 Feb

johnston - 2021-02-28 18:12:00

johnston wrote:

Do you agents and the like or the broader real estate industry?

Your question is non-sensical, please post again without the typo.

sr2 - 2021-02-28 18:17:00

sr2 wrote:

Your question is non-sensical, please post again without the typo.

Nonsensical is without a hyphen. Ask an adult to interpret my question.

Do you mean agents and the like, or the broader real estate industry?

Edited by johnston at 6:29 pm, Sun 28 Feb

johnston - 2021-02-28 18:28:00

Leave it as it is.

Let the buyer decide. They will either tear it down immediately or patch it up to live in until they decide what to do.
Don’t narrow your market...
That’s my 2 bobs worth !

lovelurking - 2021-02-28 19:24:00

I wouldn't take to much notice of a real estate agents appraisal that I had just met after reading what awards they had won on the internet but I would still get it to compare it with my research and other knowledge.
I think a valuation or two would be worth getting.

ash4561 - 2021-02-28 21:00:00

sr2 wrote:

+1.
Someone trying to justify their existence?

There is the old saying from Abraham Lincoln, usually quoted in relation to lawyers, but also apt for real estate agents vis a vis those private sellers who feel they can do better.

'A man who represents himself, has a fool for a client'

Edited by shanreagh at 9:06 pm, Sun 28 Feb

shanreagh - 2021-02-28 21:06:00

johnston wrote:

Nonsensical is without a hyphen. Ask an adult to interpret my question.

Do you mean agents and the like, or the broader real estate industry?

I meant both.

sr2 - 2021-02-28 21:13:00

shanreagh wrote:

There is the old saying from Abraham Lincoln, usually quoted in relation to lawyers, but also apt for real estate agents vis a vis those private sellers who feel they can do better.

'A man who represents himself, has a fool for a client'

LOL; yes old Abe' nailed it.

You can become a REA with a simple online course whereas becoming a lawyer requires years of study.

I've successfully privately sold a number of properties at or above market value over the years, with the right due diligence it's not rocket science.

Edited by sr2 at 9:19 pm, Sun 28 Feb

sr2 - 2021-02-28 21:18:00

How do I make friends with an agent or be an acquaintance. [can spell that now} I was almost onto it with one or two but when they phoned me back I didn't know who they were or which property we were talking about. Should I turn up at an open home to make numbers up for them if its not popular or visit the property no one at all is interested in. I emailed a single question on trademe to a property that wasn't selling once and got emailed a few weeks later to see if I was still interested so they could let the vendor know. I figured I was the closest to a buyer they had.

ash4561 - 2021-02-28 21:33:00

sr2 wrote:

It's in the Real Estate industries best interest to discourage people from attempting private property transactions.

If I was a Real Estate salesperson I'd be singing the same song.

I think this error (below) has added to the confusion and Johnson needed to clarify.

'It's in the Real Estate industries best interest'

should read

It's in the Real Estate Industry's best interest.....

I think there is only one Real Estate industry or were you thinking of every agent and their firm being a real estate industry hence the plural?

I don't think the wider Real Estate Industry loses too much sleep over private advertisements for sale. Many firms get the listings anyway once some sellers realise it is not as easy as they thought it was going to be.

Some sellers don't realise the penetration that some real estate people have into the market with keeping up with contacts looking for particular properties etc.

shanreagh - 2021-02-28 21:44:00

I would imagine there are some good honest agents out there just like car salesman. What % does anyone want to suggest?

ash4561 - 2021-02-28 21:52:00

The ironic thing for me in this thread is that the OP is intending on a private sale, and is on here asking a fairly basic question about how to market their largest asset from a load of randos on the net.

Yes, anyone can sell a house privately, but not everyone can sell it successfully.

sparkychap - 2021-02-28 22:04:00

ash4561 wrote:

How do I make friends with an agent or be an acquaintance. [can spell that now} I was almost onto it with one or two but when they phoned me back I didn't know who they were or which property we were talking about. Should I turn up at an open home to make numbers up for them if its not popular or visit the property no one at all is interested in. I emailed a single question on trademe to a property that wasn't selling once and got emailed a few weeks later to see if I was still interested so they could let the vendor know. I figured I was the closest to a buyer they had.

They're pretty good at weeding out the trolls and the tyre kickers.

sparkychap - 2021-02-28 22:05:00

shanreagh wrote:

...........I don't think the wider Real Estate Industry loses too much sleep over private advertisements for sale.........

I think you're right on that point; problem is whenever someone mentions "private sale' on this MB a number of posters always jump down their throat.

sr2 - 2021-02-28 22:19:00

sparkychap wrote:

They're pretty good at weeding out the trolls and the tyre kickers.

I am not sure about that.
Have they got nothing better to do than phone me to bother me like I bother them. I don't hear back from half of them that think I am tyre kicking but half still phone or send emails.

ash4561 - 2021-02-28 22:26:00

ash4561 wrote:

I am not sure about that.
Have they got nothing better to do than phone me to bother me like I bother them. I don't hear back from half of them that think I am tyre kicking but half still phone or send emails.

Perhaps they like the entertainment.

sparkychap - 2021-02-28 22:30:00

sparkychap wrote:

The ironic thing for me in this thread is that the OP is intending on a private sale, and is on here asking a fairly basic question about how to market their largest asset from a load of randos on the net.

Yes, anyone can sell a house privately, but not everyone can sell it successfully.

Yes it is a bit ironic isn't it? Perhaps they will really get down to business, getting the real oil, seeking ideas from the people at the pub or the caregivers waiting to do the kindy kids pickup. All of these people may have some ideas.

Agree with your last sentence.

Edited by shanreagh at 10:48 pm, Sun 28 Feb

shanreagh - 2021-02-28 22:44:00

shanreagh wrote:

There is the old saying from Abraham Lincoln, usually quoted in relation to lawyers, but also apt for real estate agents vis a vis those private sellers who feel they can do better.

'A man who represents himself, has a fool for a client'

Nice quote but it's not always true.

trogedon - 2021-03-01 08:52:00

If you want to sell privately.. go for it but make sure you have the time, energy and importantly the personality to do it properly.. Selling privately is not for everyone.. you have to be the right sort of person who likes a bit of wheeling & dealing, not afraid to say no, but most important have the time / availability to devote to the sale process... if a potential buyer is keen to put in an offer and get the necessary paperwork underway off to the lawyers etc , then saying I do not have the time to do this this week or I'll have to ask the boss if I can perhaps finish early on Friday and get to the lawyers.. is not going to cut it !!
Basically do not let your ONLY reason for a private sale process be to avoid RE commission fees.... you have to be up for it and the saving on RE fees is just nice consequence..
A badly handled or amateur effort could cost you potential buyer or a fair market price.

onl_148 - 2021-03-01 11:27:00

sparkychap wrote:

The ironic thing for me in this thread is that the OP is intending on a private sale, and is on here asking a fairly basic question about how to market their largest asset from a load of randos on the net.

Yes, anyone can sell a house privately, but not everyone can sell it successfully.

2nd Place Chocolate Fish to Mr Sparky :P

desi1969 - 2021-03-01 11:31:00

johnston wrote:

Considering agents are probably best placed to advise your attitude is bizarre. Must be a westie mentality.

If its where I think it is, probably to much vino as well, but nothing wrong with us westies.

mrcat1 - 2021-03-01 21:47:00

Definitely leave it as is. Doing it up is a complete waste of time and money as it will only get pulled down

catwoman1974 - 2021-03-02 00:02:00

mrcat1 wrote:

If its where I think it is, probably to much vino as well, but nothing wrong with us westies.

But you emigrated.

johnston - 2021-03-02 06:45:00

johnston wrote:

But you emigrated.

I know, nothing like the south.

mrcat1 - 2021-03-02 17:59:00

mrcat1 wrote:

I know nothing, like the south.

that’s a bit harsh on the south

sparkychap - 2021-03-02 18:04:00

rod2 wrote:

My parents are wanting sell their home. It's 954m on flat land in Henderson West Auckland, off Lincoln Road close to The Warehouse. Question is the house and garage needs a lot work done. Do they do up the house a bit or leave as is, so that a developer can pull it down. No Real Estate agents please.

It doesn't make sence that you would not want any help from an Estate agent when they are the best qualified to give you the best advice. I sometimes see it in the car industy too, people can't stand the thought that someone is making any money out of them even if they themselves will end up better off.

curlcrown - 2021-03-04 22:16:00