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‘Completely irrelevant': The one number a top agent wishes you'd stop obsessing over
Ray White’s number one individual salesperson gives us the no-nonsense advice Kiwi buyers and sellers actually need.
AI summary
Top Ray White agent Dean Tuffley advises sellers to ignore a property's Capital Value (CV), calling it "completely irrelevant." Instead, focus on recent comparable sales to gauge value. For pre-sale renovations, follow the "$1.50 rule"—aiming for a $1.50 return for every dollar spent—and prioritise small, high-impact jobs.
For buyers, Tuffley suggests being upfront with agents to gain access to more information and off-market opportunities, while still completing due diligence.
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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