FAQ

Frequently Asked Questions

Below you’ll find answers to the questions we get asked the most about selling your property privately with NZ Home Buyers.

After you send a request, a member of our team will contact you by phone within two working days. During the call, we explain everything about the process of selling your home with NZ Home Buyers, making sure that you are happy to go ahead. We will then ask you some questions regarding your property to understand more about it and then send that information to our investors, with your consent. If any of them are interested in your property, we will arrange an introduction. Afterwards, the negotiations on the property are managed between you and the investor, or a person representing the investor.

It is absolutely vital that you know how much you would be happy to receive to sell your
property. Otherwise, we will not be able to submit your property to our investors. We will ask
you what your expectations are for the private sale of your house during the phone call and it is important that you are prepared to answer.

In case you are not sure about the value of your property, we recommend you get a registered
valuation. You can easily find registered valuers in your area with a simple Google search.

Please, consider that most of the appraisals made by real estate agents are not accurate. In order to make you list with them, agents usually inflate the appraisal.

Selling your property privately with NZ Home buyers saves you a lot of time, money, and stress. Most people who send us an inquiry are keen to avoid real estate agent fees and marketing and home staging costs. Even for the sale of a modest home, these costs can easily add up to thousands of dollars.

Our process also provides the added advantages of avoiding the constant interruptions that come with a typical real estate process. With us, you avoid the multiple open homes, people walking through your property, and the disruption and stress that can cause.

Before making an offer, we consider the current market value and other factors for the assessment process.

Historically, there has been an understanding that investors make their money by buying undervalued properties. Over recent years, this has very rarely been the case.

NZ Home Buyers investors have their own individual circumstances and strategies they use to determine which properties they are open to consider and purchase. They may be
evaluating which options will best add value to the property to make their returns. This could be renovations, renting, extensive developments or simply holding onto the property for a long time.

NZ Home Buyers was not set up only to be a money-making venture for its stakeholders.

Our point of difference is that the investors that NZ Home Buyers represents collectively contribute to the administrative costs involved in the business. This includes the administrative work required to carefully prepare the offers. Our investors consider NZ Home Buyers property acquisitions as fundamental for their long-term investment plan.

NZ Home Buyer’s role in this process is to gather the information with respect to your property and send it to our group of potential investors. If one or more of them are interested, then you will be introduced to them.

Our role at NZ Home Buyers is to connect you with an interested investor. We do not represent them beyond that point and any offers or transactions are between you and the investor. Each situation is unique since the properties and investors are all different.

There is no legal obligation at all until both parties have met the agreeable conditions and the sale and purchase agreement has been signed and committed.

NZ Home Buyers started out as a way for a group of friends who are property investors to find vendors interested in selling their properties and to cut out the middlemen (real estate agents). They felt it would be a win/win situation for both the vendor and the investors as the purchasers. The investors cover the costs of the running and administration of NZ Home Buyers. NZ Home Buyers role is to simply facilitate your enquiry and then introduce you to at least one of the investors if they are interested in your property.
After you send a request, a member of our team will contact you by phone within two working days. During the call, we explain everything about the process of selling your home with NZ Home Buyers, making sure that you are happy to go ahead. We will then ask you some questions regarding your property to understand more about it and then send that information to our investors, with your consent. If any of them are interested in your property, we will arrange an introduction. Afterwards, the negotiations on the property are managed between you and the investor, or a person representing the investor
A private sale/transaction describes a property transaction that hasn’t gone through the typical process of getting a real estate agent involved to help with the sale. Through NZ Home Buyers, if one of our investors purchases your property, then it would be a private sale. You deal directly with the investor to negotiate the terms and price of your property.
The most obvious reason for you as the vendor (person selling the property), is that you would save on costs such as agency fees, marketing costs, home staging etc. But we also hear a lot from vendors going through this process that is not just about the cost-saving that attracts them. Many vendors can’t be bothered with open homes and the hassle of it all.
The investors, also can’t be bothered with doing through the open market process as a buyer. It’s a lot of hassle for them too, and often put under immense time pressure. Which is why they are interested in being involved with NZ Home Buyers.
If you have any concerns about understanding the price of your property, then we would recommend getting an independent registered valuation of your property. This makes it really clear for all parties on what a fair value of your property would be.
NZ Home Buyers represents a number of individual investors, from all walks of life. Each investor has their own preferences in property that they are interested in, for their own reasons – ie developers, rental investors, etc. Our investors are proven property investors with track records in purchasing property in NZ.
Throughout the interaction with NZ Home Buyers, there really isn’t any. If you don’t want to proceed further at any point with our team, then you don’t have too.
If an investor is interested in your property, and after we make that introduction, then the entire interaction is between you and them from that point (we are no longer involved from that point). Any offer they give you, again you can say no and turn down. If however, you both reach a suitable agreement than at that point there will likely be commitments from both parties. We recommend you have a lawyer that you have consulted with prior to signing any sale and purchase agreement.

If you can’t find an answer to your question below, please contact us and we will happily answer any of your questions.