11 things real estate agents won't tell you!

Realtors live a conflicted life. On the one hand, they are salespeople. They only make money when their deal closes. On the other hand, they are consultants. They advise buyers and sellers throughout the deal process, ideally giving their clients advice that is disinterested from their own financial outcome. Often, these two objectives are aligned and there is no issue. For example, a listing agent makes more money if he is able to sell a house for a higher amount. However, there are many situations where the right advice for a client is not aligned with the agent's monetary incentives. For example, a buyer's agent makes more money when his buyers buy a house for a higher amount. The majorit

Auckland Reverts To More Traditional Housing Sales Cycle

For the third consecutive month the Auckland residential property market registered limited change in activity with May sales numbers remaining subdued and prices not moving. “Within the context of the onset of winter and where the market is at, May activity was typical of what we have seen over the past 18 months,” said Peter Thompson, Managing Director of Barfoot & Thompson. Auckland is now well into a new, more traditional market cycle. It’s one of very stable prices and sales numbers that have settled below the five-year peak sales years of 2012 to 2016. The market remains active because buyers are there and there is a good number of properties for sale. The prices that properties are ch

Premium Team

Munish Bhatt 022 068 6474 & Gurbir Sodhi  027 552 7626 

Barfoot & Thompson Auckland

E: m.bhatt@barfoot.co.nz  & E: g.sodhi@barfoot.co.nz

  • Facebook
  • YouTube
  • Instagram
  • LinkedIn
  • Twitter