Home' Napier Mail : November 8th 2011 Contents 16 NAPIER MAIL, NOVEMBER 9, 2011
Malcolm Cox on Property
How to establish the
best asking price
When selling, it is important to
establish the true value of your
property. If you do not understand
the true value, you risk pricing your home
A fair asking price will attract the best buyers.
There is a wise saying in real estate, over price
and you will undersell. Some sellers list their
property with a high price and low motivation.
Over time as motivation to sell rises, the price
usually comes down. The tragedy for sellers
who overprice is their final price, more often
than not ends up below what they could have
achieved when the property was first listed.
For this reason it's important to set a 'fair and
realistic' asking price. Sellers who do this will
get a better result when they sell.
Having a registered valuation will help you
determine your asking price.
When you promote your home at a fair price
you will attract the best buyers.
If two properties similar to yours sold recently,
one for $275,000 and the other for $285,000,
then an asking price of say $299,000 might
attract the best buyers to your property.
There are several different ways that real estate
agents advertise property prices. Some methods
mislead and frustrate buyers. For example:
Price ranges $500,000 - $550,000
Offers over $500,000
Opening bid $480,000
These methods are designed to attract buyers.
The problem is, they attract buyers at the wrong
price. If a home seller wants $370,000 some
agents will advertise a much lower price.
Therefore they attract buyers from the wrong
price range. The lowest price that a buyer sees
is often the highest price they want to pay.
When you advertise your home at a fair 'fixed'
price you will attract the best buyers. The price
you promote should be a price you are happy
We'll discuss this further next week.
In the meantime, if you want
information about selling a
home, please call Cox
Partners on 835-4321, feel
free to ask for me.
Malcolm Cox, 835-4321
For domestic and business security
enquiries contact falcon electrical.
Ph: 843 6383
HASTINGS H tin L rnin
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Musical Cinderella a trip
The Napier Operatic Theatre School
presents its production of Cinders in
the 60s, a light-hearted look at an old
tale, on November 18, 19 and 20.
Deviating a little from the tra-
ditional story sees Cinders, who
loves to sing, trapped in a world
where her three ugly stepsisters and
mother can only sing Da Do Ron Ron
-- and very badly at that.
But a chance to join the King s new
backing group has Cinders excited.
The show opens on November 18
at 7pm, with two shows on Novem-
ber 19 at 2pm and 7pm, and Novem-
ber 20 at 2pm. Tickets are $12
adults, $10 children aged 2 to 16,
available through TicketDirect.
On your marks to register for 2012 relay
Cancer Society urges you to take
part and join fight against disease
The Hawke s Bay Cancer Society s Relay
for Life was launched recently at the
Clive Community Hall, with the 2012
event to be held at Farndon Park, Clive,
on March 3 and 4.
The main purpose of the event at the
hall was to ignite the Relay for Life 2012
event fever and highlight that we are
open for registrations, says committee
chairwoman Kay Collins.
People like to book their preferred
tent site and start their fundraising
Relay for Life is an international
fundraiser event for cancer societies in
more than 30 countries and is a non-
competitive relay that involves teams
whose representatives walk around a
track for 24 hours.
It typically starts at noon on a
Saturday, going through the night and
finishing at noon on Sunday.
Ms Collins acknowledges the con-
sistent contribution from the event
sponsors over the eight years.
Sponsors Property Brokers, New
World Greenmeadows, Heaven s Bakery,
Classic Hits 89.5, Ngatarawa Wines,
Suzelle Lingerie and 4Life have mostly
been sponsors from the beginning.
Each of our sponsors have clearly
made a decision to help fight back
against cancer and have committed
themselves to work with the cancer
society, she says.
A highlight of the launch was a
PowerPoint presentation made up of
slides from last year s event, which
explained to newcomers about the relay
and was an opportunity for those who
took part in 2011 to relive the 24 hours.
Cancer survivor Tania Thompson
spoke about her experiences and the
assistance she received from the Cancer
Society during her treatment.
The fundraising that you re about to
do helps people like me get the help I so
desperately needed with the small things
that become so important, she said.
Tania s eight-year-old son also spoke
about how he helped her during her
Event manager David Trim said Relay
for Life was not just a fundraising event.
It is an important occasion where we
can come together as a community to
honour and celebrate survivors, remem-
ber those who have been lost to cancer
and fight back to make a difference for
In the pink: Annie Pollet, left, with Rebecca Jones, Harrison Jones, Ella Pollet,
Nadine Pollet and Rachel Pollet took part in a fundraiser for breast cancer
research, organised by Kristie Davey and Hannah Burch.
It was all happening along the Rotary Pathway on October 29 with cyclists and
runners starting at Awatoto, and walkers starting at Sandy Beach.
All 37 came together at the end of the pathway at Bay View, having raised $2343.
Softball champs: Hawke's Bay Dodgers captain Rita
Hokianga holds the Benny Luke Memorial Cup. The
Dodgers had a narrow 1-0 victory over Johnsonville in
the final of the Saints' 17th annual premier women's
softball tournament in Wellington on Sunday. The
Dodgers scored the only run of the game at the top
of the seventh innings.
Photo: DEAN PEMBERTON
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