News

Will Brexit have an impact on the New Zealand property market?

September 6, 2016
Great Britain’s exit from the EU sent shockwaves around the world as each country wondered how this change would affect their economy and culture. Given our close ties with the UK, many of us in New Zealand have been especially curious about the local impact that Brexit may have. In the real estate community, there has been a lot of discussion about how Brexit may affect property prices. While it’s all speculation at this point, a few early reports show...
Filed under Real Estate

Monthly Christchurch Property Market Commentary - 26/08/2016

August 26, 2016
View Melissa's latest interview with Style TV for tips on getting your property ready to sell.

When is Meth Testing Necessary?

July 12, 2016
If you’re a landlord, you want to protect your property and the health of future tenants. Is routine meth testing the answer? In today’s article, we’ll discuss when and how often meth testing should be performed.

Monthly Christchurch Property Market Commentary - 30/06/2016

July 11, 2016
View Melissa's most recent Christchurch Property Market commentary with StyleTV
Filed under Real Estate

Don't Make These 5 Common Rookie Landlord Mistakes

June 1, 2016
For many people, renting out a property seems like an attractive way to make extra money or pay off a mortgage more quickly. The reality, however, is that it requires a lot of time and effort to succeed in the rental market. During our many years of working in property management in Christchurch, we’ve seen rookie landlords make the same mistakes over and over again. If you’re a new landlord, it’s important that you learn as much as possible to protect...

Landlords - Why You Should Consider Insulating Your Rental Property

May 10, 2016
Is your rental property adequately insulated? If not, there is still time to take advantage of the subsidies available through the Warm Up New Zealand: Healthy Homes initiative although Government funding is due to come to an end next month. Why insulation matters Until recently, there have been no guidelines or regulations in place to ensure that rental properties are properly insulated. As a result, a large number of properties on the rental market are without insulation. Insulation helps heating systems...

Monthly Christchurch Property Market Commentary - 22/04/2016

View Melissa's most recent Christchurch Property Market commentary with StyleTV
Filed under Real Estate

Does Your Property Management Company Have an Audited Trust Account?

April 7, 2016
The Real Estate Agents Authority, the government agency that regulates New Zealand’s real estate industry, dictate that all money received in real estate transactions be paid into an audited trust account. This law, however, does not extend to the largely unregulated sector of residential property management. As a result, many property management businesses conduct transactions through their company’s bank account, which is not an acceptable practice from our perspective. At First Avenue, we pride ourselves on our integrity – operating an...

Property Inspections - How Do They Work?

March 18, 2016
Property inspections are an integral part of the property management or property owner’s time. We detail why inspections are so important and what is looked at to prevent small issues growing into larger ones.
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