Notas del episodio
Episode Description
Buying a home in New Zealand is not the same as buying one in the US, and the biggest mistake is falling in love with a property before you’re ready to buy it. Christchurch real estate agent Grace Little explains how auctions, buyer’s agents, pricing, financing, and due diligence really work, especially for newcomers navigating the market.Grace shares why more than half of Canterbury properties may sell by auction, why auctions can actually offer more transparency than negotiated sales, and the preparation you need before bidding. You’ll learn why a lawyer, building report, insurance, finance, and LIM review must be arranged in advance, what happens when an auction is brought forward, and why a winning bid is unconditional.
You’ll also discover:
- How to find and work with a buyer’s agent, often at no additional cost to the buyer
- Why New Zealand’s rateable value, or RV, is not the same as a property’s market value
- How to research realistic prices using Homes.co.nz, OneRoof, and Trade Me insights
- What “price by negotiation” actually means
- How much deposit buyers typically need, including the difference between 10% and 20%
- What American buyers need to know about AML requirements and proving the source of overseas funds
- How visa status affects your ability to purchase property
- What renters should prepare, including references and proof that they are reliable tenants
- Why school zones, sun orientation, and property location can dramatically change Christchurch home prices
Grace Little is a Christchurch-based real estate agent and sales manager with ten years of experience, managing a team of 18 at Harcourts Gold. She brings practical insight from helping local and international buyers navigate contracts, negotiations, and auctions, including bidding on behalf of clients.Whether you’re already renting in New Zealand, planning your move, or hoping to buy your first Kiwi home, this conversation replaces assumptions with a clear, practical roadmap. Listen before you attend an open home, make an offer, or raise your hand at auction.