Home-owners who use a real estate agent to sell their home can expect to get 10 percent more for the property than they would by selling it privately, new research shows.
Analysis of agent and private sales by the Real Estate Institute of New Zealand and OneRoof.co.nz shows there has been a huge decrease in the number of people choosing to sell their home without an agent in the last five years.
REINZ defined private sales as those not sold by a REINZ member i.e. a member of the public selling privately or a real estate agent who isn’t a REINZ member.
In 2014, private sales made up 17 percent of all residential real estate sales in New Zealand. That figure dropped to 13 percent in 2017 and to just 10 percent in the year to July 2018.
The REINZ data showed that the median sale price achieved through an agent sale was 10.9 percent above that achieved by a private sale.
REINZ CEO Bindi Norwell said: "Although this does not take into account the state of the house or off-plan developer sales, it is still a significant difference.
"Even when commissions and fees are taken into account, the sale price shows a better return for the vendor when using an agent."
The region with the biggest gap between agent and private sale prices in the year to July 2018 was Marlborough, where the median agent sale price was $425,000 - 28 percent above that collected by private sales.
Wellington recorded the next highest premium, with the median agent sale price 20 percent higher than the median private sale price - in dollar terms almost $100,000 higher.
The premium in Auckland was 6 percent for the year to July 2018, and 7 percent in Christchurch. Just two regions saw agent sales lag behind private sales: in Southland, the median private sale price was 5 percent above the median industry price, while in Taranaki the premium for private sales was 10 percent.
"Even when commissions and fees are taken into account, the sale price shows a better return for the vendor when using an agent."作者: sunrise2016 时间: 2018-11-2 08:01:30
NewLynnHse 发表于 2018-11-2 07:52
文章说了
"Even when commissions and fees are taken into account, the sale price shows a better re ...