Monthly Archives: May 2010

Logs Logs Logs what is it about the Wood

May 28, 2010

See, I don’t actually know here if it’s those polished wood floors catching the low wintertime sun and filling one with “memories of a childhood” long since lost, or else actuating a synapse somewhere in a gen X’er that says hey I don’t know what that’s about….but it makes me feel “homely” …………that makes beautiful NZ natural wood so attractive.

Cant Unload them Quick Enough

Can't Unload them Quick Enough

To that end it seems that its not just Kiwis that are participating in this resurgence of the naturally grown vertically sustainable product…..…it seems that it’s our cousins up in South East Asia that are also just as excited.

Almost couldnt load them quick enough.....

Almost couldn't load them quick enough.....

As long as I have been posting, I’ve postulated why the heck don’t we do the processing of the raw product here and then ship finished goods offshore to make extra profit – let alone the extra employment that would naturally be created by the process thus. But no, like Brazil we’ll just keep exporting the raw product…………though up until recently we here in Nelson did have one of the worlds largest MDF plants. That plant was doing exactly what I suggested – adding value to wood and shipping it offshore, usually utilizing the back loading of car-carriers to Nelson. All that wood seemed to be going to one place – Japan. However I’ve been informed this year that China is opening a new similar type of plant/factory each month…..so the metrics don’t quite stack up the same now.

Empty Ship Arrives as Fully Loaded One is Ready to Deaprt

Empty Ship Arrives as Fully Loaded One is Ready to Deaprt

Well Statistics NZ report today that we’ve just been doing all too well at this task.

Lately if you lived in Nelson, you didn’t have to look far too see that expansion in the logging trade, there’s been quite an increase in job adds for more Log Truck drivers, and most of the transport companies have activated double shifts for their vehicles to keep up with the demand. Its interesting to see that the demand side of the equation has returned to certain parts of the world.

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Breaking News Australia to finally get a National Search Portal

May 27th, 2010

Maybe they should be so lucky….but hey you know what…….here in NZ we already are.

Coming from the “lucky country” tonight, comes this Real Estate Industry news, that various industry forces across the ditch have (and not before time I might suggest) realized the importance that a consensus of news/data/other stuff, forwarded regularly from an amalgamated industry recognised body, could in fact….engender and further, grow credibility.

Greg Vincent, AREC 2010 visitors may recognise the name, is breaking the news tonight that…….no no not the State of Origin results……he is saying that there is about to be some equilibrium soon return to the Australian Real Estate industry.

He’s telling readers of his regular newsletters in his latest post that after talking with Enzo Raimondo, CEO of REIV and Petra Sprekos – GM of realestateview.com.au, that the Ozzie RE industry is pounced to finally roll-out a national industry based portal……….similar to ……..hmmmm……NZ?

Hmmm ….we’ll have to wait til 2/06/2010 at the big Sydney Opera House event for the official announcement……but from the way Greg tells it……and frankly he should know……it does sounds promising.

As Greg reports….WA and VIC seemed to be amongst those that really have their act together. And the other Australian states……

For today lets pretend I’m a reporter here. Best case scenario I can paint is like this.………….here in NZ in 2010 we have two major & dominant Real Estate portals……

1) realestate.co.nz

and then…..

2) trademe.co.nz

Did you notice something there? That the NZ Real Estate Industries portal is the logical first search choice for Kiwi property buyers.

Where do I go to make a general search when I want to buy a property in NZ. Obviously first choice is www.realestate.co.nz. In Australia its realestate.com.au or domain, both private players.

Of course you can go to any other place to search you want, because like everywhere on the net no one can dictate where you point your mouse & click, but the Real Estate industry of New Zealand is committed to provide a site with the amalgamated largest collection of properties in NZ, so why wouldn’t you go here first? So therefore with a combined effort across the ditch – why wouldn’t any Ozzie go to their national portal 1st also?

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Should I Auction or Tender this Property

At a listing presentation I’m sure many sellers are listening intently to what is transpiring. However with the different methods available like Auction, Tender, Fixed Price, or other no price options, then, for some sellers, certainly those that have lived in the family home for a generation or two, it can be a stressful and confusing time.

And as we all know the most interesting time to attract those buyers is when it’s a New Listing, so its crucial to get this commencement step as right as possible.
I’ve heard of presentations where agents haven’t even completely their homework to ask the seller if they have previously been through the home selling process and what their thoughts were of that experience.
No….I’ve been relayed tales of salespeople, and sometimes whole agencies, preferring or recommending one method over another…..and in some cases looking at it with a “Nelsonians eye.”
Now don’t get me wrong a buyer needs the input of a professional salesperson, but its always interesting if you’re the last person to present……. that Agency A recommended no price marketing, agency B recommended an Auction and I offered, for example an “offers over” price.

Sites like sorted.co.nz have popped up in recent years to help buyers / sellers with unbiased advice on major decisions in their lives, and there is no doubt that the selling of a property qualifies under that heading.

Australian Weekly Auction Clearance Rates - click for full size

Australian Weekly Auction Clearance Rates - click for full size

Therefore it’s a pity that here in New Zealand that we don’t have charts the equivalent of RPDatas’ Weekly Auction Clearance Rates. These would surely aid a sellers decision process about “choice of sale” methods don’t you think? And certainly come out tops on any sort of “transparency” scale too.

Earlier I mentioned the crucialness of ensuring that the New Listing process of “going to market” is well thought out and planned, and the method of sale selected correctly.
If you get it wrong here, then the downside is usually a lower price than you could have achieved.

However if you have got to the stage where you are either changing the method of sale, as in Auction -> Fixed Price now, or are changing the Market Price, then just like the New Listing stage it has to be shouted from the rooftops.

Weekly Price Down Updates

Weekly Price Down Updates

That’s why this Weekly “Price Down” booklet from the UK’s largest Real Estate portal, Rightmove, is in my eyes, another brilliant tool that we should have here in New Zealand.

Don’t forget that many people write off a property at the first occasion when they see, for example, the price, because its over their budget.

Then in successive weeks whilst casting their eyes over the For Sale adds, they are often recognizing that same property advert, and therefore again dismissing it, by the photo. (note to agents: another good reason here you must change photos regularly)

Therein is the issue, they may never even notice that the property has reduced in price to a figure that should now interest them.

Would this be helpful in NZ?

Would this be helpful in NZ?

Yes I admit I haven’t exactly answered the question that my headline asked, but overall would these tools be useful buyer or seller aids here in New Zealand to assist in ultimately making that choice of Sale Method?

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360 Aerial Panoramas with Augmented Reality Inserts

May 24, 2010

Those local Nelson boys with their Draganfly X6 UAV helicopters have done it again.

With so much talk lately about augmenting reality, it’s great to see a local business being so creative.

Once the helicopters have completed their 360 aerial panoramic photo shoot of a Nelson property, then, like in the case of this new subdivision near Richmond, they go “back to school” like and “literally” paint colour by numbers.

Colours by Numbers almost

Colours by Numbers almost

It works like this, by viewing a new subdivision with your mouse, you can quickly select which section might be ideal for you to investigate further.

Simply by moving your mouse over the area, you will see the approximate boundaries live on screen, plus an info box that pops up to the right.

RED means someone beat you to it!

RED means someone beat you to it!

In this example, the screen will tell you one of three things, One ~ in the case of the RED coloured squares means its gone, secondly Yellow means its under contract.

Lastly if its blue, then its available, and you can see the size and price in the info box.

Blue means you can buy it

Blue means you can buy it

Simply, quick and visually informative.

They say the KISS theory is always best, and this time Nelson based Aerial Imaging have proved it is definitely so.

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May in Nelson is Rescue Helicopter Awareness Month

May 22, 2010

May is Summit Rescue Helicopter Awareness month.

May is Awareness Month

May is Awareness Month

Summit Real Estate and Summit Real Estate Agents (yes agents too – we contribute a set amount out of every sale) have been principal sponsors of the local Rescue helicopter service for over 3 years now.

Just recently Allister Nalder, one of the companies directors announced a continuation of this support for another 3 years.

Yesterday May 21st 2010 was the Annual Street Appeal Day where all the Summit staff donned the appropriate gear and went out on the streets.

Eurocopter AS350 Squirrel

Eurocopter AS350 Squirrel

Many local businesses, shops, streets and other locations were canvassed yesterday in our region, asking kindly for any donations.

Last night we were notified that the tally raised by this years appeal was $15,000!  Well done to all staff involved, a fantastic effort.

And as if we needed a reminder of the fantastic service that only a chopper can sometimes provide, this weeks Thursday front page of the Nelson Mail did just that.

It told of a reunion, after the story that gained national attention back last December, the Nelson Mail reported;

In December, a two-tonne tree stump smashed into Mr Williams’ back and slammed him into a tree while he was working on a forestry block near Okiwi Bay. The handle of his chainsaw smashed into his groin area and split it open. He nearly bled to death as his femoral (thigh) artery was punctured. The accident, and the actions of Summit Rescue Helicopter crewman Johnny Mulheron, who shoved his fist in Mr Williams wound for 30 minutes to stem the bleeding, attracted national attention.

In fact just a few days earlier on Tuesday, the chopper was back on the front page again, and next to that article was a photo depicting yet another separate incident where the chopper was involved in rescuing families trapped by the recent downpour and flash flooding up Tapawera way.

from Nelson Mail

from Nelson Mail

It’s real gratifying for me as a Nelsonian (likewise as I’m sure it is for all my Summit Real Estate workmates too) that us agents and our company supports such a crucial local resource.

As you know Nelsons Real Estate is surrounded by bush, mountains, valleys, National Parks, etc….in a nutshell  – plenty of places that don’t really have vehicle access…..and if they do….then its usually not quick and easy access in and out.

This type of geography often provides a real access challenge, even for the best equipped 4 wheel drive vehicles ~ so in such a diverse and topographically challenged region there is no doubt that the Summit Rescue Helicopter provides a life saving service.

You can see recent missions here.

Click above to see where the Chopper is now

Click above to see where the Chopper is now

You can see real-time live GPS tracks of where the chopper is now, over here.

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