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16 Thursday <strong>July</strong> 1 <strong>2021</strong><br />
Latest Canterbury news at starnews.co.nz<br />
NOR’WEST NEWS<br />
RAY WHITE PAPANUI NEWS<br />
What happens when an Auction is<br />
brought forward?<br />
The real estate industry often advocates<br />
for selling your home by Auction as the<br />
most effective sales method because<br />
they often achieve an above average<br />
sale price, an unconditional and a timely<br />
sale for their owners.<br />
Sometimes Auctions run their full<br />
campaign (which is usually three and a<br />
half to four weeks) and other times they<br />
are brought forward. What does this<br />
mean?<br />
A brought forward Auction means that<br />
the sellers have accepted a pre-Auction<br />
offer at an acceptable level to warrant<br />
bringing the Auction forward.<br />
Commonly asked questions about this<br />
include:<br />
Q. Will we know what the brought<br />
forward offer price is?<br />
A. No this is kept confidential until<br />
the opening of the early Auction and<br />
this figure is then the opening price.<br />
If there is no further bidding it is<br />
then sold for this amount. If there<br />
is bidding then it is sold to the<br />
highest bidder just like in a normal<br />
auction situation.<br />
Q. Can a Pre-Auction offer have<br />
conditions in it?<br />
A. No, a pre-Auction offer is on the<br />
same terms and conditions as going<br />
to Auction. This means it needs<br />
to be cash and unconditional. You can<br />
however arrange for an aside<br />
agreement for changes to items<br />
such as settlement dates and deposit<br />
amounts etc, these need to be<br />
approved and signed off by the seller<br />
prior to the start of the Auction.<br />
Q. We are interested in a property<br />
going to Auction, how will we know if<br />
a pre-Auction offer comes in?<br />
A. We notify all of the open home<br />
attendees with communication<br />
via text and email and change the<br />
website advertising also. However<br />
it is best practice to formally register<br />
your interest with the agent<br />
in writing. An email or returning the<br />
‘Registration of Interest’ form in<br />
the Auction pack are the two best<br />
forms of doing this to ensure that<br />
you don’t miss out on being told<br />
that an Auction has been brought<br />
forward.<br />
Feature Properties<br />
40 Mooray Avenue, Bishopdale<br />
Tracy Thomson & Hasna Ngara<br />
Vanessa Golightly<br />
Licensee Agent &<br />
Business Owner<br />
027 664 9292<br />
Claire Morris<br />
Licensee Agent &<br />
Business Owner<br />
027 662 4822<br />
108 Ensors Road, Waltham<br />
Vanessa Golightly & Maria Paterson<br />
Stuart Morris<br />
Licensee Agent<br />
& Auctioneer<br />
027 422 6395<br />
Katrina Green<br />
Operations Manager<br />
Property Management<br />
027 606 0030<br />
If you have any other questions around the Auction process please get in contact,<br />
I am happy to assist!<br />
Sold Properties<br />
Tracy Thomson<br />
Licensee Salesperson<br />
027 440 3035<br />
Richie Eggelton<br />
Licensee Salesperson<br />
021 089 65594<br />
Vanessa Golightly,<br />
Business Owner<br />
and Licensee Agent<br />
Ray White Papanui<br />
027 664 9292<br />
10 Hideaway Gate, Parklands<br />
Vanessa Golightly & Maria Paterson<br />
Maria Paterson<br />
Licensee Salesperson<br />
027 543 4689<br />
Paul Nicholson<br />
Licensee Salesperson<br />
027 921 2160<br />
Let’s Talk About The Weather<br />
Although talking about the weather<br />
could be classed as a bit of a filler when<br />
having a conversation, I think most of<br />
us Cantabrians will agree that already<br />
this winter, which only officially began<br />
a short while ago, we have already had<br />
plenty to talk about!<br />
Although we are all dealing with the<br />
effects of the very wet and dreary<br />
conditions in our own homes, when<br />
you are looking after a portfolio of 400<br />
properties, you in effect see first-hand<br />
the effects on steroids!<br />
Unfortunately once the rain clears we<br />
are left with not only the visible effects<br />
of a good downpour, but the hidden<br />
effects as well. Higher water table<br />
levels underground can cause rising<br />
damp and even with the new Healthy<br />
Homes Standard compliance being met,<br />
this extreme weather can cause mould<br />
issues.<br />
I was speaking to some scientists<br />
about mould in properties recently<br />
and picked up a couple of tips on how<br />
to easily monitor if the property has<br />
an underlying issue. The simplest is to<br />
photograph the area after you have<br />
cleaned it down (white vinegar is a great<br />
cost-effective solution). Sometimes<br />
after cleaning there is still a mark and<br />
this is what you need to measure. Check<br />
it after about two weeks to see if there<br />
has been an increase in size. If there’s<br />
no change, the cleaning worked. If the<br />
mark has grown, further investigation<br />
and treatments would need to be<br />
undertaken.<br />
To ensure that our tenants are able to<br />
live in nice warm and dry homes we<br />
have sent them out some tips and tricks<br />
to help keep their home dry, which<br />
ultimately means it will be warmer and<br />
healthier.<br />
If you have a tenanted property, or you<br />
are living in a home which is more prone<br />
to dampness in this weather, there are<br />
plenty of resources offering information<br />
on keeping your home healthy, from not<br />
drying washing inside, to cleaning heat<br />
pump filters, or using the ‘dry’ mode on<br />
your heat pump which I have only just<br />
discovered!<br />
Keep warm and dry everyone, I think we<br />
may be in for a wet winter this year!<br />
238 Withells Road, Avonhead<br />
Tracy Thomson<br />
28 Glencoe Street, Burnside<br />
Tracy Thomson<br />
Katrina Green,<br />
Operations Manager<br />
Property Management<br />
027 606 0030<br />
Hasna Ngara<br />
Licensee Salesperson<br />
021 262 4943<br />
Olivia Hendry<br />
Executive Assistant<br />
Estelle Schuurman<br />
Property Manager<br />
Jana Schleehauf<br />
Licensee Salesperson<br />
022 090 1227<br />
Georgia Tuuta<br />
Excutive Assistant<br />
Joy Coughlan<br />
Mortgage Broker<br />
027 223 3572<br />
Level 1, 7 Winston Avenue, Papanui<br />
Phone (03) 352 0567 | rwpapanui.co.nz | /RayWhitePapanui Morris & Co Limited | Licenced REAA 2008