icon
27
28
29
30
31
icon

All
Introduction
Legal and Negotiation Processes
Preparation and Planning
Settlement and Post-Purchase
The Market and Compliance
Viewing and Inspecting Properties

01.
 
How To Use The Step Guides
02.
 
Buyer Introduction
03.
 
Welcome to Your First Home Journey
04.
 
Your Current Scenario
05.
 
Understanding Real Estate Market Dynamics and Influences
06.
 
Assessing the Benefits of Owning vs. Renting
07.
 
Assessing Your Readiness and Financial Planning for Homeownership
08.
 
Establishing a Budget for Property Purchase
09.
 
How First-Home Buyers Use the Bank of Mum and Dad in NZ
10.
 
Deciding to Work With A Mortgage or Financial Adviser
11.
 
Deciding on Whether to Proceed with Home Buying
12.
 
Analysing Financial Capacity for a Mortgage in New Zealand
13.
 
Getting Pre-Approved for a Mortgage
14.
 
Proceeding As a Cash Buyer
15.
 
Consider Utilising a Home Buying Service
16.
 
Attending Property Seminars and Workshops
17.
 
Exploring Various Mortgage Options in New Zealand
18.
 
Property Sale Types in New Zealand
19.
 
Anti Money Laundering Rules and Regulations
20.
 
Determining Long-Term Goals and Future Plans for Property Buying
21.
 
Costs Associated with Buying a Property
22.
 
Creating a List of Must-Haves and Nice-to-Haves
23.
 
Potential Purchasing Partners for Property Buying
24.
 
Researching the Housing Market in Your Desired Area
25.
 
Avoiding Pricing Pitfalls: A Guide to Transparency in New Zealand’s Property Market
26.
 
Location and Commuting
27.
 
Understanding Property Taxes in New Zealand
28.
 
How to Compare The Values of Similar Properties
29.
 
Exploring Property Listings and Conducting Online Research for Buying Property

30.
 
Interacting with Real Estate Agents
31.
 
Arranging Private Viewings of Properties
32.
 
Arranging Professional Property Inspections
33.
 
Guide to Attending Open Homes and Viewing Properties
34.
 
Seeking Comprehensive Legal Advice Before Making an Offer
35.
 
Choosing the Right Conveyancing Lawyer when Buying Property
36.
 
Understanding Legal Obligations and Rights as a Buyer
37.
 
Considering Community Amenities and Infrastructure
38.
 
Conditional Offers Versus Unconditional Offers
39.
 
Formulating an Offer Strategy
40.
 
Buying a Property at Auction
41.
 
Auction Bidding Services: Expert Representation for Your Property Purchase
42.
 
Buyer First Mover Advantage Offer Strategy
43.
 
Engaging in Negotiation of Purchase Terms
44.
 
Ensuring Compliance with Agreement Conditions When Buying Property
45.
 
Discussing Agreement Details with Your Legal Advisor
46.
 
Undertaking a Geotechnical Report
47.
 
Reviewing Property Inspection Reports for Potential Issues
48.
 
Requesting and Analysing a LIM Report
49.
 
Requesting and Analysing a PIM Report
50.
 
Things to Do During Due Diligence Period to Prepare for Move
51.
 
Preparing the Property: Painting, Staining, and Minor Interior Updates Before Moving In
52.
 
Advantages and Disadvantages of Using a Moving Company
53.
 
Organising Home and Contents Insurance
54.
 
Settlement Day Procedures
55.
 
How to Deal With Settlement Delays in Property Transactions
56.
 
Planning Interior Layout and Design
57.
 
Settling In and Post Purchase Steps
58.
 
Purchasing Necessary Furniture and Appliances
59.
 
Tools and Services To Help Manage Your Property & Finances Post Purchase
60.
 
Re-evaluating Your Budget Three Months Post-Property Settlement

Previous Step
Do you need help with this step?
Next Step
Do you need help with this step?
Buy / Step 29 of 60

Exploring Property Listings and Conducting Online Research for Buying Property

Jumping into property listings and all that comes with them

New Zealand's property market is as dynamic and varied as the beautiful landscapes that define this nation. Diving into this market requires a keen eye and solid research to make the most of your investment. Understanding how to navigate online property listings and conduct thorough research is paramount.

Embarking on your property buying journey begins with exploring listings. These listings are a treasure trove of information, providing key details such as price, location, size and features of the properties available.

Decoding Listing Language

Property listings come with their own jargon. Terms like 'RV' (Rateable Value), 'LIM' (Land Information Memorandum) and 'CV' (Council Valuation) are common in New Zealand real estate. Familiarise yourself with these terms to fully understand what each listing is offering. We have a full glossary available here.

Once you've identified potential properties, the next natural step to reaching out to real estate agents.

Asking the Right Questions

Prepare questions before contacting agents. Inquire about the history of the property, the vendor’s reasons for selling, any known issues and negotiation possibilities regarding price.

Establishing Relationships

Building rapport with agents can lead to more detailed information about listings and insider knowledge on upcoming properties not yet listed.

After thorough online research comes the physical inspection.

Checklist Creation

Create a checklist based on your online findings to inspect during viewings – this ensures you don't overlook important details when you’re on site.

Scheduling Viewings

Arrange viewings at different times of day to get a sense of natural light exposure and neighbourhood dynamics throughout the day.

Finally, narrow down your choices using all the information gathered from listings, research and viewings.

Comparing Options

Weigh up all options side-by-side considering factors such as price, location, potential risks and personal preferences.

Seeking Expert Advice

Before making an offer, seek advice from experts like property inspectors or investment advisors who can provide further insights into your chosen properties.



Previous Step
Do you need help with this step?
Next Step
Do you need help with this step?
icon
Realtor.co.nz exists to assist Kiwis with property transactions. We are the most comprehensive and useful end to end guide to buying, selling or building property in New Zealand.
© Copyright 2023 realtor.co.nz by RCONZ LTD - All Rights Reserved. This website's content is intended solely for educational purposes and must not be considered as legal advice or a substitute for legal counsel under New Zealand's legal framework.