Case Study: Hassle-Free Property Sale

by Leanne Roulston on Feb 21, 2025
Article appears under: Case Studies, Christchurch, Local Markets

The Challenge

The property at 15 Olivia Street was tenanted, with both the seller and buyer residing out of town. This presented logistical challenges in coordinating the sales process and the due diligence requirements while minimizing disruption to the tenants.

Our Solution

At iFindProperty, we pride ourselves on doing the heavy lifting for our clients. For this sale, we:

1. Coordinated the Due Diligence Process:
   We managed the entire due diligence phase for both the buyer and seller. This included working closely with the property manager to arrange access to the property for a single day. During this time, we scheduled all necessary inspections and reports, including:
   
   • A building inspection
   • A Healthy Homes report
   • A rental appraisal
   • A video walkthrough for the buyer
   By consolidating these activities into one day, we minimized disruption for the tenants and kept the process as efficient as possible.
   
2. Facilitated Communication with Stakeholders:
   We work closely with mortgage brokers, solicitors, and insurance companies to ensure a smooth transaction for both parties.
   
3. Provided Tailored Marketing and Buyer Outreach:
   Leveraging our extensive database of qualified buyers, we marketed the property to investors across New Zealand. For this sale, our client - the seller, didn’t have to spend any money on marketing because we found the buyer through our powerful network of investors. This highlights the strength of our database in connecting sellers with serious buyers quickly and efficiently, while saving costs.  
   

Benefits to the Seller

Our tailored approach offers significant advantages to sellers:

• Access to Qualified Buyers:
  We maintain a large database of active investors and market properties on platforms designed to attract serious buyers.
  
• Tenant-Friendly Strategy:
  We understand that tenants can feel uncertain when their home is on the market. Our strategy emphasizes minimizing interference and maintaining positive relationships, which helps attract investor buyers who value tenanted properties.
  
• Custom Marketing Plans:
  Unlike a "one size fits all" approach, we tailor our marketing strategies to suit each seller's unique circumstances. Whether it’s limiting open homes, avoiding signs, or focusing on targeted online marketing, we adapt to your needs.
  
• Efficient Listing Periods:
  We work fast and efficiently, often listing properties for just a few short weeks rather than extended sole agency agreements.
  
• Streamlined Viewings:
  We limit viewings to serious, under-contract buyers, reducing stress for both the seller and the tenants.
  

The Result

By managing every aspect of the sale, we ensured a seamless experience for both the seller and buyer of 15 Olivia Street. The property sold successfully with minimal disruption to the tenants, who appreciated the considerate approach. The buyer received all the necessary reports and information, allowing them to make an informed decision without multiple property visits.

Why iFindProperty?

At iFindProperty, we specialize in making the sales process as effortless as possible for both buyers and sellers. Our tailored approach, combined with our expertise in managing tenanted properties, ensures a smooth transition for all parties. Whether it’s coordinating with mortgage brokers, solicitors, or insurance companies, we handle the details so you don’t have to.

If you’re considering selling your investment property, we would love the opportunity to help. Our low-stress, highly efficient process ensures you achieve the best possible price while keeping your tenants happy and minimizing disruptions.

Contact us today to discuss how we can support your sales process and make it a success!