Guide to Selling Your House Privately In NZ

Hiring a real estate agent to help you sell your home eliminates the guesswork and can potentially make an otherwise stressful process a lot smoother. However, it often means paying a sizeable commission, which is taken out of your earnings from the sale. To avoid these fees, you can consider selling your house privately in New Zealand. In this arrangement, you do all the decision-making without relying on a third party.


It may sound easy to sell a house on your own, but it can quickly become daunting if you’re unfamiliar with the selling process and the risks, transactions, and technicalities involved. Doing your research can help you make informed choices and avoid problems. Here is a guide to help you sell your house privately in NZ.


Make your home presentable.


Buyers typically look at the location, availability of utilities and services, and the neighbourhood when finding a house to purchase. You may not have control over those factors, but you can take steps to make your home appealing to buyers. You can do this by decluttering, rearranging your belongings, and touching up or repairing problematic areas.


Learn to market your home


Learn some marketing strategies when selling your house privately in New Zealand. That means knowing where to advertise and how to upsell so that you can reach a wider audience. Consider hiring a professional photographer to take photos of the house to effectively showcase its beauty and features and upsell your home on a home listing website. Describe the property in detail while making sure it entices any potential buyer. Place a ‘For Sale’ sign with your contact information outside the house for offline buyers.


Fulfil your legal obligations


Verify your identity as a seller to comply with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009. You just need to show a valid ID with a clear photo, an NZ driver’s license backed by an IRD letter or bank card, and any ID without a portrait (i.e. your birth certificate) supported by any photo ID of yourself.


Prepare the title, memorandum of lease, and LIM report, and consider hiring a lawyer when selling your house privately in NZ. The lawyer can help confirm your identity and help with legal technicalities. They can also draft the purchase and sales agreement.


Set an appropriate price for your home


Some websites can help you price your house right, or you can check other properties for sale in your neighbourhood to determine your home’s worth.


Sell to investors who are looking for properties.

By far, the easiest way to sell your home privately is to offer it to a team of individual property investors who buy residential properties in New Zealand. They are interested in buying homes anywhere in the country, and their process eliminates delays, fuss, and high fees.


About The Author:

This article has been published by NZ Home Buyer. It is a private network of property buyers in New Zealand interested in buying residential property in New Zealand. If you have a property for sale or are thinking of selling, the NZ Home Buyers team can help you sell your house privately from start to finish without the hassle. Browse their website for more details!

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