Introducing our weekly auction wrap called Competition Creators.
This document offers real-time data from our 192 New Zealand offices. Last week, we had 121 scheduled auctions, our members cleared 49.4 percent of all stock nationally, and we had 1.7 registered bidders per property. Some 71.1 percent of all auction campaigns had active bidding on the day last week. Our vendors who proceeded to take their property to sell under the hammer were rewarded with a sale price of 7.7 percent higher than the best offer prior to last week.
If you would like to download a PDF, please click here.
Looking to sell or let your property?
Drawing from a 120-year heritage of serving local communities, our teams are rigorously vetted, trained and
equipped with the latest market knowledge to deliver on your expectation. At Ray White, we work for you!
Never has there been so much data publicly available about what is happening in the property market. This makes it possible for potential purchasers to research and establish the likely maximum price they should pay for your property.
The best way to convince potential purchasers to raise their limit, is for them to realise that someone else is prepared to pay even more for your property.
Creating competition is vital to securing the best price. At Ray White, our entire family history has been based on creating competitive situations to achieve the best result for our sellers.
We are proud to be known as the “competition creators”.
The Ray White Family