Tag Archives: Christchurch

Shirley Boys’ and Avonside Girls’ High schools now OPEN

After much anticipation and excitement, the start of term two has seen the opening of Shirley Boys’ and Avonside Girls’ High Schools on the all-new campus in QEII Park. In just under two years we have watched these state-of-the-art facilities evolve from the remains of the former QEII Sports Stadium. The two schools share some spaces while allowing each other to maintain their own identity; a first for New Zealand education.

Servicing the north-eastern catchment areas for over 100 years, Avonside Girls’ first acquisition dates back as far as 1918 and Shirley Boys’ was first established in 1957. Obviously, the Canterbury earthquake sequence has been the catalyst for this new landmark development. Full credit to the main drivers behind this project who have shown great foresight and initiative.

Driving by recently just after school was out, the local streets were awash with students, not to mention the back to back bus layby. Certainly, a real buzz of activity and positive energy that can only be good for the greater north-east of the city.

The new campus provides two theatres, two gymnasiums with one that can be divided for multi-use and there’s even a climbing wall. Amongst several playing fields there is also as a full-sized hockey field and numerous tennis courts.

The new location to support a combined roll of 2,400, has also meant that new zones have been rolled out accordingly. While there is hot debate as to what suburbs should be included, the transitional zone extends from just north of Queenspark School to the end of South New Brighton, including South New Brighton, Rawhiti, Waitakiri and Parkview Schools. Moving forward many families propose that the future zone includes the existing Avonside Girls and Shirley Boys zones plus the Marshland catchment area.

There’s a community open night scheduled for Thursday 23rd May – we can’t wait to have a look through!

Counting the cost to sell

Going through the cost, time and inconvenience involved with preparing property for sale is something we all go through, myself included. Recently, my wife and I experienced this ourselves, where one of our rental properties required a pre-sale makeover and costs quickly escalated outside our original budget.

Now, nearing completion, to prepare the property for the market we’re in the process of staging it to ensure maximum effect when prospective buyers see it either online or in person. It’s an often overlooked area of the selling process but one we recommend nonetheless.

In the post-quake era we live in, a current property inspection provides extra peace of mind for prospective purchasers, as does a readily available LIM report (which we consider best practice). The right digital marketing plan is essential these days, and once all that is considered and the property is sold there’s the commission to take into account as well. When you add up all these costs against the investment you’ve made in your property, it goes without saying that you should expect a decent return come auction or sale day. It’s another good reason to hand pick a well-skilled agent with a proven track record and negotiation skills!

We encourage our sellers to give it their very best shot when it comes to selling. That way, when it comes to decision-making time, there is absolutely no question of whether anything else could have been done to extract a better result.

Preparing for winter

With brisk mornings becoming more common and daylight hours beginning to fade, it’s worth being mindful about the winter ahead. And while we’re advocates of selling during these months when there’s less competition, it’s important that you give proper attention to a few key areas in order to effectively showcase your home.

Effective heating, lighting and insulation qualities are given more notice by purchasers when inspecting properties during the winter. Never underestimate the perception these create. If you’re selling an investment property, or a property that is likely to be suitable as a rental, it’s also important to remember that new insulation requirements come into effect from 1 July. Check out the team at Warm Fuzzies, they’ll provide you with an insulation assessment for $50 +GST as well as quotes from a handful of insulation installers to get your property up to scratch.

Appealing to these senses and making people feeling like they can live there like it’s their own home is also key. A warm house with fresh baking on a cold winter’s day is the ultimate welcome home feel! Remember – a home liked in winter is loved in the summer!

New high schools create strong demand

With the keys ready to be handed over, the opening of a brand new shared campus for Avonside Girls and Shirley Boys high schools has created a new buzz in the real estate market. Local property is in demand as families continue  to relocate and secure homes within the zone  of these schools. It’s a great thing to see in the eastern suburbs and we expect to see these trends continue as all Christchurch state secondary schools look set to become zoned in the near future.

Without a doubt, enquiries are greater across the board. Just last week, a new listing triggered double the enquiry of a similar property that was out of zone. It’s a trend we haven’t seen for a while  and it’s incredibly positive for the community seeing families moving into the north-east for schooling as opposed to moving out.

Click here to read more about this state-of-the art educational facility.

Click here to view the latest video walk-through.

The power of effective marketing

Achieving another outstanding result under the hammer in our auction rooms clearly confirms why we continue to recommend auction as best practice for sellers of ‘as is, where is’ properties. The results speak for themselves.

Check out the facts on our most recent auction:

Address:                                            65 Perth Street. Richmond
Days on the market:                        9
Purchaser inspections:                   28
Number of pre-auction offers       2
Bidders in attendance:                   6 (2 active)
Private offer prior to listing           $170,000
Final selling price at auction     $271,000

Team Griff’s as is, where is, under the hammer strike rate year to date: 100%

The reality is there are many “astute” property opportunists active in the greater marketplace hunting for that next bargain. A homeowner who fails to engage in an effective marketing campaign to flush out multiple purchasers can become vulnerable prey for this calibre of purchaser. Such purchasers are governed by their own perception of value, plus their motivation to maximise profits. It goes without saying that they have very little regard for a sellers’ interests.

With 306 ‘as is, where is’ sales under our belt now it would be fair to say we understand this market. Accomplishing results like the above is the most satisfying aspect of the process. Seeing people moving forward with their lives and in most instances realising a greater selling price than expected makes it a very positive experience.

With spring on the horizon, we look forward to creating many more magic results for our clients prior to the end of the year. If your intention is to get sold before the year’s end, we suggest you contact us sooner rather than later. ‘As is’ buyers are hesitant to hold properties over the Christmas/New Year period due to labour shortages, so it’s best to get the ball rolling now.

Creating the win-win

Win WinAchieving clients’ ultimate goals with the least time and inconvenience is a frequent request from both buyers and sellers. Very often both purchasers and home owners talk to us well in advance, briefing us of their real estate plans and aspirations for their forthcoming sale and/or purchase.

Here at Team Griff, given that work and live locally we are often in the know of that forthcoming property likely to fit a specific purchaser’s criteria. Frequently we assist in matching people and property even before a property is officially launched to the market.

Following a thorough appraisal of market value, some homeowners feel sufficiently informed to decide on a “happy to sell at” figure and prefer the option of selling without all the fanfare of a comprehensive marketing campaign.

This is often the case with uninsured ‘as is, where is’ property sales. Given that we have a large portfolio of recently appraised properties and an even larger 1900-strong database of prospective ‘as is, where is’ purchasers, connecting buyer with seller for a hassle-free off-market sale is a regular occurrence. Year to date 13.5% of our sales have been transacted on this basis.

While we regard it best practise to engage in a full marketing campaign to ensure maximum exposure and a better selection of purchasers, if a no hassle, low-pressure, ‘nothing ventured, nothing gained’ sale is appealing to you, do give us a call or flick us a quick email or text. Remember, it our job to create that win-win of bringing buyer and seller together!

The client experience

Client Experience

What comes first, the commission or the client?

We would all like to think that it is the client’s interests that takes priority, particularly when people are transacting real estate, there is only one thing in mind – seeing the mission accomplished of moving from A to B.

Being mindful of this throughout the selling process is paramount for us as sales professionals and it goes without saying that if this focus is lost, without question the client’s ultimate goal and quality of service is compromised.

Recently it was incredibly humbling to be awarded 1st place for Harcourts Canterbury’s Client Experience Award. For this to be endorsed by our very own clients makes it even more special. To our loyal clients – thank you. That endorsement makes the effort and long hours so worthwhile.

To my team, this award would not be possible alone. Your support both in the field and behind the scenes is what makes this possible. Creating memorable client experiences takes true teamwork.

For me personally, in the twilight of my real estate career that will span 30 years next year, this would have to be the absolute pinnacle and there is no better accolade I would wish to lay claim to – it’s simply amazing and the ultimate in job satisfaction.

This is the absolute reason why we do this every day! Thank you.

Demand for ‘as is, where is’ properties remains strong

As Is Update(3)

Backing onto a strong start to the “ as is” market Team Griff’s 100% auction strike-rate year to date reflects both a strength of this active market for 2018 and the team’s proven marketing expertise.
Underpinning this 100% strike rate is multiple party participation, with an average 4-5 bidders participating in each auction.

Providing our homeowners with a selection of active bidders on auction day is directly attributable to our 1800+ strong database of known ‘as is, where is’ purchasers gleaned from a long track record of sales of uninsured properties dating back to 2012. This translates to competition with the real benefit of not having to rely on one person’s perception of value, as is invariably the case with an “off the street” type sale.

As the supply of uninsured homes on the open market now begins to decrease, we foresee the demand remaining strong, reflecting the inevitable fact that there is a finite supply of these properties.

Whether you are contemplating to sell your ‘as is, where is’ property or simply need a sounding board to bounce options off, please feel free to contact us in confidence – we’re ready to assist.

 

Recent success stories

45 Medway Street, Richmond

45 Medway Street, Richmond
3 beds, 1 bath, 1 living, 1 garage
Declared reserve $110,000
Days on market: 14
Number of inspections: 30
PropertyFiles downloads: 47
Bidders: 5
Sale price: $155,000

1
529 Bower Avenue, Parklands
4 beds, 2 bath, 2 living, 2 garage
Days on market: 21
Number of inspections: 56
PropertyFiles downloads: 32
Bidders: 7
Sale price: $397,000

591 Madras Sunny-5


591 Madras Street, St Albans
4 beds, 2 bath, 1 living, 2 garage
Days on market: 7
Number of inspections: 21
Bidders: 3
Sale price: $365,000

From Rags to Riches…

Rags to Riches

Talk about both ends of the property spectrum! Team Griff have just sold an earthquake-damaged flat in Waltham for $86,500 and a stunning architectural build in Waitikiri for a street record in excess of $1.3m – two Christchurch suburbs that are like chalk and cheese.

In both cases, assisting our owners to move forward with their lives for differing reasons is what makes this business so positively enjoyable. This sort of job satisfaction is hard to beat.

At Team Griff we pride ourselves with such versatility, having the skillset, systems and experience required to service a broad cross-section of both clientele and property.

For the cheapie in Waltham, it was a case of mucking in, digging deep into our 1,800 strong ‘as is, where is’ database of potential purchasers, not being too proud to do the hard yards of selling something that was rather undesirable. On the flipside, the $1.3m sale was one of my old neighbours simply touching base giving the heads up that they were intending to sell within the next twelve months. As it worked out we were working with a purchaser whose brief fitted the property perfectly – the rest being history. Needless to say, the owners were overjoyed with the result, let alone the convenience of not having to go to the open market with all the fanfare and intrusion of a full marketing campaign.

So whether your property is in the “rags” or “riches” basket (or somewhere in between) be sure to make contact, as there is a good chance we will be able to perform our magic for your situation and property too.

Why the New Year is a great time to sell

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Deciding when to sell is an important discussion most homeowners engage in prior to selling. Rating the new year market as a premium time to sell, Team Griff are already taking listings in preparation to hit the ground running in early 2018. Experience has taught us the new year market provides homeowners some real benefits when it comes to selling.

Here’s Team Griff’s key 8 reasons why to sell in the new year:

  1. Less immediate competition
  2. Time to prepare now ahead of a new year launch
  3. Purchasers are refreshed and enthusiastic in the new year
  4. Most of your pending competition are still relaxing on holiday
  5. It’s summer; the gardens look great and buyers are in a better mindset
  6. It’s an easier time to plan, plus it bodes well with new year job relocations
  7. With longer daylight hours there’s more flexibility to best showcase your home
  8. Simply push go now – we’ll do the preparation while you are enjoying family festivities

So if you thinking about selling be sure to touch base now to meet and “set sail” for a new year plan tailored to meet you specific criteria.

We are not the team if you want the cheapest commission, but do call us if you want experience, local knowledge and a team of experienced negotiators you can trust to get the very best possible result – our point of difference and your best saving! Let’s not forget the Harcourts machine and brand that has the reputation of premium selling prices.

When experience counts, whether it’s your earthquake-damaged home or your palace we have the bases covered. We’ll tailor a plan best suited for your circumstances, you, and your home!

Contact us today to discuss your plans on 0274 330 445 or info@teamgriff.co.nz.