NET-SAVVY 1st home BUYERS DOMINATE MARKET...

The internet is increasingly dominating the New Zealand real estate marketplace.  

A new generation of internet-enabled buyers are searching the web for suitable properties and they are also using the internet as a tool to do due diligence on the houses they are interested in buying.
New Zealand house sales are now driven by the younger, first home buyer, well-educated who combine good earning power with business savvy. 

• Search property portals like realestate.co.nz, trademe.co.nz , qv.co.nz and oneroof.co.nz to check out all properties in the areas they are interested in.
• Compare the seller’s asking price with actual prices achieved in the neighbourhood.  To get this information buyers use on-line tools.
• Obtain a detailed evaluation of the true condition of the property – including estimates of the costs of repair.  Professional inspection companies, like SavvyHouz are now fast moving to centre stage in the average property transaction. This is in line with trends overseas – in the US 80 per cent of houses are inspected each time they are sold.

For cautious home buyers to make their offer to purchase contingent both on a mortgage & insurance being granted and on a satisfactory home inspection report.

“Young buyers understand that it really is a good investment for the buyer to spend an extra $500 on a fee for a home inspection in order to be sure that a first home ownership “dream” house is not a potential ‘money-pit’.

“Most of SavvyHouz clients find us on the internet.   In fact the business process of quoting, collection of fees and delivery of the report is all internet based at SavvyHouz.” Dean says SavvyHouz uses internet technology in order to hold its fees at reasonable levels.

Dean adds, "We deliver pre-purchase house inspection reports of a consistently high standard to our clients within one working day of the inspection.  “It is interesting that mostly we never meet our clients face-to-face and yet we receive regular praise for our very high level of efficiency and personalised friendly service.”
Dean says that the internet is the real estate marketplace of the future.  This is where today’s buyers are most comfortable.