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AKL Property Sale Disappoints Owner

The primary reason for selling a home by private sale is to avoid paying out thousands in sales commission to a third party like a real estate agent. Private selling has taken hold in some areas namely Nelson and Tasman. The private sale strategy doesn’t always work out for the vendor however. The property might remain on the market for months, not sell at all or sell for a lot less than the vendor believes it’s worth. This is what happened recently to an Auckland property owner.

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