The Price

The PRICE you chose to sell your property is likely to be a reflection of a number of different variables including:

  • Current market values of similar properties;
  • The level of debt you currently have owing against the property; and
  • Costs associated with the sale, i.e. Real Estate Agent commissions and legal fees 

Obviously you will be trying to achieve a sale for the highest value possible from the eventual Purchaser. However, during the negotiation phase it is important to be mindful that the highest price offered may often not be the best offer to accept. Often a Purchaser may make an OFFER that is a high price, but the contract has a number of conditions in it that may never be able to be satisfied by the Purchaser. In such a situation, if you have signed such a CONDITIONAL AGREEMENT valuable time may be lost while dealing with an initial Purchaser who does not have the ability to go UNCONDITIONAL while a more suitable Purchaser, albeit at a lower price, may be lost.

Please CONTACT US so we can assist you where you have multiple offers.

You may also find yourself in a position where you have multiple CONDITIONAL CONTRACTS on foot at one time, whereby one contract is reliant on an earlier contract being cancelled. If this is the case it is definitely sensible to have us assisting with multiple contract situations before things become untidy. CONTACT US

Signup for News & Updates

Please click below if you would like to subscribe to our electronic newsletters, legal updates and regular tips and tools database.
btn_sign_up.jpg

About Us

Prudentia Law’s legal team is focused on providing specialised trust, property, and business advice to meet each customer’s unique needs and requirements. We have multi-disciplinary team members with legal, tax and accounting qualifications for assisting with clients’ total personal and business legal issues.

Contact Us

Phone:  + 64 9 912 1985
Fax:        + 64 9 912 1982

Suite 14, 160 Broadway
Newmarket
Auckland,
NEW ZEALAND