The Prier Manson Group recently held an evening themed “Is My property saleable in this market?” which was designed especially for home owners of Sumner, Redcliffs and Mt Pleasant in the post-earthquake real estate market. These suburbs were particularly hard hit in the February earthquake and the subsequent earthquake in June of this year. Many have been forced out of their homes, with some of the properties being assessed in the red zone while other properties remain in the white zone. Speakers who addressed home owners included Brad Mooar from Cavell Leitch Law, Mark Shalders from Ford Baker Valuations Ltd, Brodie McDonald from the Loan Market, Ray Hastie Property Manager from Prier Manson Real Estate Ltd and the principals of Prier Manson Real Estate, Craig Prier and Rae Manson.
Craig Prier, who hosted the evening, said he was overwhelmed by the response. “Initially we thought we would have 20 to 30 people turn up and when we realised the interest in the evening was far greater than we anticipated we had to move to a bigger venue, with the numbers on the night totaling close to 200 people with standing room only.”
Rea Manson, co-owner of Prier Manson Real Estate said that a lot of home owners were keen to learn about the state of the market, if their property was still saleable and more importantly where buyers would come from to have purchase in the local area.
The collation of speakers agreed that there are a number of stakeholders that need to be part of each transaction so that sales will occur. With the recent government announcements giving more transparency to those throughout Christchurch then it would provide the answer to the question that each property is saleable despite any damage that may have occurred.
For further information on the evening or to get an update on the status of property in the Eastern Suburbs please contact Craig Prier at Prier Manson Real Estate.