steve slicker portrait
steve slicker signature

upper hutt real estate

Tommy's top Hutt Valley agent from 2006 to 2019

Want a free home appraisal?

New Listings Attract More Buyers

Hi folks,

In the last few weeks I have had a number of listings that have attracted offers within a couple of days of coming to market, in 2 instances the first person through the door made an offer. Fortunately these were negotiated successfully but there will be times when this may not happen and that got me thinking.

I understand that no vendor wants to take forever to sell their home. The uncertainty is too stressful, and timelines are sabotaged, but any think that selling early in the marketing program is inevitably selling cheap. So is this true?

Generally most agents say that the hardest sale to make is the one that comes along in the first days of marketing, especially if the vendors are inexperienced. Those who are unaware of the mechanics of the marketing process reason that if Purchaser One is prepared to pay $x in the first week of marketing, then Purchaser Two will pay $x+ next week. They say things like “If the first ad brings in this sort of response, what will the second one bring?” It’s as if price increases with time and exposure.

Many vendors don’t realise that a property attracts the greatest amount of attention when it is first presented.

All the purchasers that have been looking for their ideal home for weeks and months converge eagerly on a new listing. New listings attract numbers and numbers mean competition. Competition creates the climate that generates the highest offers. It creates a sense of urgency in any purchaser who has fallen in love with a property and makes them act quickly in the fear that someone else will snap it up before they do. The longer a property is on the market at a given price, the more the sense of competition fizzles out and the more likely subsequent purchasers are to feel they have plenty of time to make up their minds.

If you are thinking of selling your home, would like an appraisal, or want more information on the Upper Hutt property market please call me on the numbers below or contact me via email steve@steveslicker.com alternately fill in your details here on my website.

Kind regards,
Steve Slicker

(04) 212 6787
0275 661 949

 

Steve Slicker, Upper Hutt Real Estate

I also have a Facebook page Please “like” www.facebook.com/steveslicker if you would like to be kept up to date on the on the latest real estate news and listings.

If you are considering selling your property in any of the suburbs below, please call or email Steve

  • Akatarawa
  • Birchville
  • Blue Mountains
  • Brown Owl
  • Clouston Park
  • Ebdentown
  • Elderslea
  • Heretaunga
  • Kaitoke
  • Kingsley Heights
  • Mangaroa
  • Maoribank
  • Maymorn
  • Moonshine Valley
  • Mount Marua
  • Pakuratah
  • Pinehaven
  • Plateau
  • Riverstone Terraces
  • Silverstream
  • Te Marua
  • Timberlea
  • Totara Park
  • Trentham
  • Upper Hutt Central
  • Wallaceville
  • Whitemans Valley