Proppy – "Your property marketplace"
Imagine if everyone was open and honest in the marketplace. It might seem idealistic, but not at Proppy. We have invested thousands of hours developing a transparent online platform for buyers and sellers to interact and transact property purchases. All information is provided upfront; there is no hidden agenda, no auction room theatrics, what you see is what you get. And the best bit, the commission is just 1.5% + GST!*
With Proppy, both buyers and sellers have the most up to date information to make informed decisions on the expected price of a property. Unlike a traditional real estate agency, our online marketplace creates an even playing field, and the beauty of this is that it creates a larger pool of active participants in both buying and selling. Boom, SOLD!
*Note there is a minimum commission of $9000 + GST for residential sales and $5000 + GST for land.
What makes Proppy different?
We encourage our vendors to include a building maintenance report for residential listings
We want you to fully understand the current condition of your property so you have the confidence to be completely transparent with your buyers about its current state. We work with the best surveyors in your area to complete this essential home assessment. We endeavour to always use Accredited Building Surveyors who are members of the Building Officials Institute of New Zealand (BOINZ). You don’t have to lift a finger; we will arrange for them to come to your property to complete the review. Their reports comply with the New Zealand Residential Property Inspection Standard 4306:2005 and will list any areas that require attention. A current list of Accredited Building Surveyors can be found on the BOINZ ABS web page, click here.
You can choose to make the improvements or disclose the remedial work to potential buyers. The choice is yours. By being upfront about the condition of your property, you might just open the pool of potential buyers up, as many buyers are put off by being unsure as to the underlying condition of a property.
What if problems are found?
No house is perfect. If problems are identified, it doesn’t mean you should or shouldn’t sell the house, it just gives you the ability to take action and fix things up before you list, if you want to. If you want to fix things up before you sell, you can do it yourself or get an expert in. Once you have made the repairs, you can use our simple comments form and add a comment about the identified issue. For example, you may want to add “Since this report was completed I have had a landscaper fix the crack in the concrete path”. Proppy prides itself in disclosure and remember if we all have this in mind it will help you as a seller when it comes to your next purchase.
If you are on a budget and do not want to complete any repairs you can disclose the work required to your potential buyers so they are fully informed of the repairs required. Some people like to buy houses that need work done to them – there is a market for everyone.
What if no problems are found – have I wasted my money?
No, not at all. An A+ builders report is very valuable. With this tucked under your arm, you can confidently share the exact condition of the property giving potential buyers real peace of mind that they are buying a top notch pad. It is important to note that a LIM report DOES NOT tell you what condition the house is in!
I’m a qualified builder, can I do my own report on the house I am selling?
Yes of course, you are welcome to complete your own report, however our independent unbiased report needs to be completed as well. This is part of our transparent way of doing business and it creates an even playing field for everyone.
Potential buyers are also welcome to conduct their own report if they so wish. It is important to note that a Builder’s Maintenance Report is by no means a guarantee the building is safe and defect free. Buyers need to complete their own due diligence.