October 2013, Issue 3

Brand & Territory Owner. P 483 9693

M-021 665 423

E-grayson.furniss@mikepero.com W-www.mikepero.com

I can appraise your home FREE and put you in the draw to WIN a brand new V8 Holden Commodore! Valued at rrp $61,490!!
Thinking of selling this Spring? You may have seen
advertised on TV this fantastic competition to win a V8 Holden Commodore. To be in with a chance to win all you need to do is give me a call and arrange a time for me to appraise your home!
Competition ends 22 November 2013 5pm.

2.95%
Our fees are 2.95% up to $390,000 thereafter 1.95% + admin fee+gst

Welcome
Welcome to our newest readers, it's great to have you on board. You may be wondering why I list properties on the North Shore, Rodney and even out west.This is usually because I am listing properties of those who have had dealings with me in the past or they are friends, family or aquaintances, which is fantastic! However, my specialist areas include Millwater to Long Bay and across to Albany. This newsletter features two fantastic properties. One is a 2 year old home in Millwater and the other is a lifestyle block in Redvale, which is near Dairy Flat. Both properties have featured on television as part of the unique marketing proposition that we offer at Mike Pero Real Estate. Both also have video links on the various advertised websites so potential purchasers can get a tour of the property from their living room! Give me a call if you'd like to find out about how we can market your property! Cheers, Grayson

A message from some happy vendors.........

"From the initial meeting to discuss the sale of our property through to the conclusion....we found Grayson Furniss of Mike Pero Real Estate to be professional, friendly in his approach, patient and well informed. I found it quite stressful and emotional selling my house after nearly 20 years and Grayson was a blessing in calming my nerves! If you are looking for an agent who has integrity, a personable approach and someone that you can really talk to....I would recommend him. He even helped me with some colour schemes and presentation ideas and nothing was too much trouble. I was in ownership with my brother who resides in Japan and on an administration level this was easily handled with no stone left unturned! We were very happy with the end result and the speed in which he managed to achieve a sale." The Duncan Family

Market Update
Well this story is getting old, lots of buyers, not enough houses for sale! There are now a couple of caveats to add to this over demand scenario. The Reserve Bank and their new Loan to Value Ratio restrictions have already had an impact. It is not serious, yet, but with the ASB already cancelling all the pre-approvals for those with less than 20% deposit and the other banks reportedly tightening the reigns over the last weeks, we can already see a slight change at the coal face. These changes officially come in to place on 1 October, what long term impact they will have on the market it will be interesting to see. There is no doubt that the first home buyers market, which is now anything up to $700K, will be the hardest hit. This will have a filter up effect though, with those wanting to buy above this range potentially having more difficulty selling, or reducing the premium they are prepared to pay. The other factor here is the potential increase in interest rates and with a large portion of lending now on variable rates this will have a much faster impact than previous increases. One thing does remain clear, there are numerous buyers with pre-approvals wanting to buy now before those approvals expire over probably the next 4 months or less. The upshot of all of this, is if ever there was a time to sell, its before Xmas this year. Beyond that, we are into crystal ball gazing.

Grayson Furniss P 483 9693. M 021 665 423. E grayson.furniss@mikepero.com. W www.mikepero.com

So ld

"Grayson is efficient, diligent, very flexible and goes the extra mile to help. I will be happy to see Grayson for my next sale or purchase and recommend Grayson to anyone in this market." Roger Twinn

For more testimonials go to www.mikepero.com/profile-salesperson/100

Mike Pero Real Estate Limited Licensed REAA 2008

Featured properties
Open homes Sat/Sun 2:30-3:00pm

Auction on-site Sat 19 October 4pm unless sold prior

19 Old Mill Rd, Millwater | Single Level Stunner!

MPRE#24522

Grayson Furniss
021 665 423. 483 9693 grayson.furniss@mikepero.com

Open homes Sat/Sun 1:00-1:30pm

Auction on-site Sun 20 October 2pm unless sold prior

43 Awanohi Rd, Redvale | A Different Way of Life

MPRE#24442

Grayson Furniss
021 665 423. 483 9693 grayson.furniss@mikepero.com

Looking for the Best Mortgage? Talk to Ivan!

A little humour......

Our fees are 2.95% to $390,000, thereafter reduce to 1.95% + admin fee + GST. The opinions in this newsletter are that of the writer alone and not necessarily that of Mike Pero Real Estate Ltd. We accept no responsibility for any errors or omissions. While the intention of this newsletter is to inform and entertain, information provided should not be considered to be investment advice and any reader is advised to seek professional, technical and legal advice before making any major commitments.

Grayson Furniss

P 483 9693.

M 021 665 423.

E grayson.furniss@mikepero.com.

W www.mikepero.com

Mike Pero Real Estate Limited Licensed REAA 2008