30 May 2026
A Case For A Buyers Agency
Recently, I helped two of my friends to buy properties. It took a lot of effort but I was able to help them buy the property they wanted in the time frame that they wanted, at the price they wanted. This got me thinking about starting a buyer’s agency service which is very common in the UK and Australia but virtually non-existent in New Zealand.
Buyers in New Zealand have become used to getting a free service from the listing agent or a friend who is an agent, which is great. But the big question is – who is the paying for the agent’s time? Obviously, it is the Seller. Also obvious is the fact that the agent, who is being paid by the seller is going to work in the Seller’s best interest. At least that is what you would expect, right? So who is working in the Buyer’s best interest? Maybe it’s the listing agent – and isn’t that a conflict of interest, right there!
A Buyer’s agent who knows the local market, can offer several benefits to justify their fees:
- The agent should be able to negotiate a better price. That will pay for their fees.
- The agent will ask the right questions, which will help the buyer make an informed decision.
- They will identity defects and advise what it would cost to fix them, or whether they should walk away.
- They will shortlist properties that meet your search criteria – save you time and money.
Sometimes Buyers get very frustrated because they can’t find a property that they are looking for, it’s taking up a lot of time and energy. Then they throw caution to the winds and make an offer on impulse. Not a good way to buy a property.
If you are in the market to buy, there has never been a better time. Let’s have a chat.
Yours truly,
Mohijit
Little change expected in the months ahead
As per the latest REINZ April 2026 property report, the data shows a 2.5% increase in the Auckland median sale price, compared to the same period last year and a 14.8% decrease in the sales count. Compared to the previous month, the Median Price is down 1.7% and Sales Count is down 29.5%. As per the report, “Market sentiment was shaped by cost of living pressures, election uncertainty in November, and the possibility of rising interest rates, keeping conditions firmly in favour of buyers.”
“Local salespeople remain cautious, adopting a ’wait and see’ approach as they expect little change in the months ahead.”
To view the full REINZ report, click here.
Property Investor Insights April 2026
Economist Tony Alexander shares his insights in his latest Property Investor report, which compiles the response he has received from 162 property investors. The results show the following:
- Most of the results this month are close to where they were in March apart from a slight improvement in the net proportion of investors thinking about making another property purchase.
- The preference of investors looking to buy again is to purchase an existing property rather than to get a new one built.
- As a one-off we asked investors planning to sell what their motivation is. Mostly they cited retirement and inadequate returns.
To view the full report, click here.
NZHL Property Report April 2026
Economist Tony Alexander shares his insights in his latest NZHL Property report, which compiles the response he has received from 204 real estate agents. The results show the following:
- While a strong net 50% of agents report that they are seeing fewer investors in the market, a net 26% still report more first-time buyers are present.
- Many of our gauges of market strength have deteriorated to their worst levels since the first half of 2022 when the credit crunch was underway.
- Buyers are fearful of interest rates rising, employment, and that prices may fall after making a purchase.
To view the full report, click here.
Auckland median sale price movement over last 5 Years (April 2021 – April 2026)
Graph is based on statistical data published by REINZ.
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