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Live Auction Action

Koputara, a 244 hectare beef fattening farm  near Himatangi Beach in the Manawatu was offered for sale by auction on 10th March. After 148 years in the Spiers family, it took less than 15 minutes of spirited bidding for it to change hands. Here’s an outline of how that auction progressed. Rural and Lifestyle Sales office in Feilding was packed full of aspiring bidders and locals interested to...

Private sellers missing out on premium prices

Homeowners who used a real estate agent to sell their home could receive on average 15% more premium than those who sold privately, which is the highest level of premium that New Zealand has seen in 18 years, according to the Real Estate Institute of New Zealand (REINZ). According to the REINZ’s analysis of private sales compared to those using an agent, the premium has slowly increased over the last...

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