Mason Parker Mortgagee Marketing Specialist

Harcourts Levin ran 7 commercial mortgagee auctions today – 3 sold on the day with negotiations well under way on 3 more.

Harcourts Levin consultant Tom Childs is pleased with a turnout of 40 people at the auction and active bidding via phonebids and from the floor.

Read more here

Harcourts Levin ran a tight ship with the big screen show complimenting the auctioneers calls, two auctioneers (Stu Pescini and the National Colliers Auction Manager) and Harcourts Auction Manager Wayne Sutton in support.

Congratulations to buyers, bidders and attendees.

www.realestate.co.nz included the post copied below. It states pretty well that the mortgagee trends in recent times are matching the listings in that they are steadily climbing.

What this article also states and this is the key learning point for me – is that while mortgagee sales account for up to 45% of US sales they are well under 5% of all NZ sales (so far).

You can read the full article below

Read the rest of this entry »

The TVNZ website article http://tvnz.co.nz/business-news/mortgagee-sales-record-levels-2536835 - (copied below)

Startling new figures reveal the full extent of New Zealand’s property market slump, with mortgagee sales at a 15 year high.

Property information company Terralink has compiled the first comprehensive study of forced sales.

December saw 191 registered mortgagee sales, the highest number in the 15 years that records have been kept.

That’s a whopping 290% increase from the previous year.

“We were quite surprised by the speed at which it was happening,” says Terralink managing director Mike Donald.

Early indications show even more mortgagee sales in January.

“January is normally a slow month for the country with everything on holiday, so we’re anticipating the February figures will continue to rise,” says Donald.

Terralink says that finance companies are behind many of the sales, suggesing that the credit crunch is hurting them more than trading banks. A second wave of mortgagee sales is also predicted caused by the massive number of redundancies expected to hit the economy.

Market watchers say other countries are even worse-hit.

“The US is recording for the whole of 2008 45% foreclosures, the equivalent of mortgagee sales, so we’re nowhere near the extent of that dramatic scale,” says Alistair Helm of realestate.co.nz

You can also see the TVNZ video http://tvnz.co.nz/business-news/mortgagee-sales-record-levels-2536835/video

While the article and the video are shocking – it seems worth noting that the NZ economy has not had the level of extreme lending (bordering on reckless lending in my humble opinion) that has been occurring in the US – that’s why they have up to 45% of real estate listing recorded as foreclosures. (a figure mentioned in the video and various articles)

New Zealand needs to keep a real eye on how things are reported and qaulify the statements – we are not the US and while we track their trends I believe we will experience less trauma than the US real estate economy…as long as we continue to supply the world with food and primary products.

These views are the humble opinion of Mason Parker Harcourts Levin Sales and Marketing Specialist.

www.zoodle.co.nz has launched stats which are not just related to listings including the keyword “mortgagee”.

Read about it here click here

You can download the report here download here

This is great news as www.zoodle.co.nz is a site designed to provide almost “data mine” type data – showing trends in areas like population, sales, listings.

Take a look at Levin data – CLICK HERE TO SEE LEVIN

Stu Pescini calls another successful Mortgagee Auction at Harcourts Levin, 12 Exeter Street, Levin 18 March 2009.

With more than 50 people present the room was alive with atmosphere and bidding was strong. The new wide-screen monitor helped keep buyers focussed on the property until the call came “…Going, Going, GONE.”

A great result! If you’d like to clear a bad debt – call Mason Parker Harcourts Levin Sales and Marketing Specialist 06 368 9449

If you would like to view these properties or attend the auction contact Mason Parker Harcourts Levin Sales and Marketing Specialist for buyer assistance – that way I can act as your buying agent.

Mason Parker Harcourts Levin Sales and Marketing Specialist takes great pride in his negotiation and representation of buyers.

Mason Parker is able to act as your buying agent making sure you are well placed to buy Harcourts Properties.

Download the ”Free Buyers Guide to buying Mortgagee properties” below and then Call Mason Parker – he will be able to look after you as a buyer to find the right property and make sure you are well placed to buy successfully.

Masons-buyers-guide-to-mortgagee-sales

You can find Mason online at:

www.masonparker.co.nz  on his blog at www.noaddedfluff.com and in the news http://www.infonews.co.nz/profile.cfm?id=1951

Or call Mason Parker’s anytime number 06 368 9449

Selling an estate property is a difficult task for families – its an emotionally charged time for families and managing that while negotiating with sometimes aggressive (seemingly insensitive) buyers can be trying.

Your choice of sales agent is the most important component in getting maximum value in what is a very difficult real estate market and a difficult transaction. My experience tells me that the selection of sales people is often based on rhetoric and often based on who knows who – not on who is the best suited for selling difficult properties in a difficult marke

If you are a Trustee or an Executor – you can rest assured I will give you as much information as I can to arrive at measured and professional decisions for your clients – I can suggest valuers, building inspectors and tradesmen tradespeople to overcome any issues as they arise.

I have taken the bull by the horns and contacted you (or else you won’t even know about this site) so I can proactively offer my services as a Sales Expert based in Harcourts Levin. Has any other agent shown you this level of proactivity recently?

What does Mason Parker offer that’s so different?

TECHNOLOGY

• I use videotours to minimise the number of visits required to a property
• I use a purpose designed Real Estate website www.masonparker.co.nz
• I provide free statistics – accessible on my blog www.noaddedfluff.com
• I provide regular feedback through whatever channel you prefer – face to face, phone, fax and I even PDF every report, letter or contract so we can operate via email.

EXPERIENCE

• Corporate experience - including  sales teams, national business development
• Social – having worked in public bars, TABs, Gyms and played sport most of my life I can relate to all walks of life
• Educational – having studied education and psychology as part of my business studies I am able to empathsise with upset stakeholders and have a history of getting deals together where other agents haven’t.
• Real Estate – having sold in excess of $10,000,000 in property including auctions, estate, mortgagee and forced sales I have a history of getting the job done effectively!

TAILORED SOLUTIONS

• If you have a unique property or require a custom solution I am able to tailor my marketing and whole approach to suit you. Examples may be using videocalls using skype, merge sms’s, videotours, face to face presentations to stakeholders/your team using powerpoint/projectors, fully tailored marketing brochures etc and of course custom webpages 

Selling a mortgagee property is a difficult task – there’s the compliance and due diligence let alone the stigma and emotionally charged aspects of these sales.

Your choice of sales agent can be one of the most important components in getting maximum value in what is a very difficult real estate market. My experience tells me that the selection of sales people is often based on rhetoric and often based on who knows who – not on who is the best suited for selling difficult properties in a difficult market.

I have taken the bull by the horns and contacted you (or else you won’t even know about this site) so I can proactively offer my services as a Sales Expert based in Harcourts Levin. Has anyone else shown this level of proactivity recently?

What doe Mason Parker offer that’s so different?

TECHNOLOGY

• I use videotours to minimise the number of visits required to a property
• I use a purpose designed Real Estate website www.masonparker.co.nz
• I provide free statistics – accessible on my blog www.noaddedfluff.com
• I provide regular feedback through whatever channel you prefer – face to face, phone, fax and I even PDF every report, letter or contract so we can operate via email.

Experience

• Corporate experience - including  sales teams, national business development
• Social – having worked in public bars, TABs, Gyms and played sport most of my life I can relate to all walks of life
• Educational – having studied education and psychology as part of my business studies I am able to empathsise with upset stakeholders and have a history of getting access to properties where other agents haven’t.
• Real Estate – having sold in excess of $10,000,000 in property including auctions, estate, mortgagee and forced sales I have a history of getting the job done!

Tailored Solutions

• If you have a unique property or require a custom solution I am able to tailor my marketing and whole approach to suit you. Examples may be using videocalls using skype, merge sms’s, videotours, face to face presentations to stakeholders using powerpoint/projectors, fully tailored marketing brochures etc and of course custom webpages