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‘Completely irrelevant': The one number a top agent wishes you'd stop obsessing over
Ray White’s Dean Tuffley gives us the no-nonsense advice Kiwi buyers and sellers actually need.
AI summary
According to Ray White agent Dean Tuffley, a property's Capital Value (CV) is "completely irrelevant" for determining its market worth. Sellers should instead focus on recent comparable sales and follow the "$1.50 rule" for renovations, ensuring every dollar spent returns at least $1.50.
For buyers, Tuffley advises against "playing hard to get." Being upfront with agents provides better information and access to off-market listings. Regardless of your approach, always complete thorough due diligence before making an offer.
Let's start with that number you check too often
If you’re working with a tight budget, focus on high-impact, low-cost jobs first.
The $1.50 rule
Effective home staging can make a big difference.
Buyers, this one's for you
So, can you still get top dollar?
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