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Bay Harbour: March 18, 2020

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PAGE 8 Wednesday <strong>March</strong> <strong>18</strong> <strong>2020</strong><br />

BAY HARBOUR<br />

Latest Canterbury news at starnews.co.nz<br />

Hands in the air!<br />

There’s activity in the auction room! Whether it is on site<br />

or in our auction rooms we are seeing a lot more hands<br />

in the air and active bidding among buyers trying to win<br />

the auction race. In fact we’re seeing more buyers forcing<br />

the pace by submitting very tempting pre-auction offers<br />

on properties in an attempt to outsmart other buyers<br />

before they have a chance to complete their due diligence<br />

and get their ducks in a row. It’s certainly not a bad tactic<br />

in a moving market. And make no mistake, the market is<br />

definitely moving. With interest rates still at a record low,<br />

with the likelihood they may even go lower, buyers are<br />

jumping into the market as soon as they can to beat any<br />

possible price rise.<br />

What should you do? Well if you are keen to secure<br />

a property in the current period, our advice is to get<br />

yourself in the best possible position to buy when the<br />

right property comes along. Speak to a finance broker to<br />

find out what you can borrow. If possible get a Finance<br />

pre-approval in place. Engage with a solicitor so you<br />

can send any documentation through for them to<br />

peruse before bidding<br />

at auction or submitting<br />

an offer. Go to as many<br />

open homes as you can,<br />

even to properties that<br />

may not initially meet<br />

your requirements. It’s<br />

important to have a clear<br />

idea of what properties<br />

are available and what you<br />

can expect in your price<br />

range. Attend auctions,<br />

both onsite and inrooms<br />

so you can see how the<br />

bidding works and what happens if the bidding doesn’t<br />

reach the owners reserve price.<br />

Remember, the more knowledge you have around<br />

the market and the process of buying then the better<br />

prepared you will be when the right property comes<br />

along. Good luck<br />

Jan Edlin<br />

027 433 8025<br />

Pip Sutton<br />

027 224 9524<br />

Top Sales for February<br />

Feature Properties<br />

Marie Malone<br />

027 489 8349<br />

Eddie Spry and<br />

Matt Clayton<br />

Ferrymead Office<br />

Eddie Spry<br />

021 156 5884<br />

What’s your career<br />

plan for <strong>2020</strong>?<br />

Eleanor Corston<br />

027 435 2415<br />

Molly Ferdinand<br />

027 594 7427<br />

Join our team<br />

27 Moncks Spur Road, Redcliffs<br />

- Mark Gardner -<br />

We are recruiting new or experienced salespeople now for <strong>2020</strong>.<br />

Come and talk to us now about your future in Real Estate.<br />

Ray White Ferrymead is a company that prides itself on family values<br />

and community involvement. Here’s an opportunity for you to be part<br />

of an established and experienced team of real estate professionals<br />

working in the hillside and coastal suburbs of Christchurch.<br />

Call now in confidence<br />

Anna Loader<br />

027 272 7128<br />

Bronny Clifford<br />

021 272 77<strong>18</strong><br />

Mark Gardner<br />

021 633 669<br />

Craig Prier<br />

Business Owner Ray White Ferrymead<br />

027 434 5299 or craig.prier@raywhite.com<br />

Matt Clayton<br />

021 223 3998<br />

What people are saying<br />

about us:<br />

About Molly Ferdinand:<br />

1/41 Arnold Street, Sumner<br />

- Anna & Bronny -<br />

Simon Standeven<br />

027 430 4691<br />

Paula Standeven<br />

027 547 2852<br />

“She was very friendly and understood that I as a<br />

first home buyer wasn’t completely confident with<br />

Daisy Foldesi<br />

021 328 059<br />

what I was doing, she explained the process to me<br />

and made it seem easier.”<br />

About Matt Clayton:<br />

“He went over and above helping me with my sale.<br />

Kurt Polson<br />

027465 6797<br />

Always happy and friendly. Fully recommend him.”<br />

About Eddie Spry:<br />

Bev Prout<br />

027 495 9586<br />

“Very helpful saw me throughout the whole process<br />

and was just easy to get all information from.”<br />

8 <strong>Bay</strong> View Road, Moncks <strong>Bay</strong><br />

- Rod Cross -<br />

21 Humphreys Drive, Ferrymead and 47b London Street, Lyttelton<br />

Phone (03) 3844 179 | rwferrymead.co.nz | /RayWhiteFerrymead<br />

Rod Cross<br />

021 763 763<br />

James Shepherd<br />

027 554 5046

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