Rawdon Christie: Real estate agent says some Kiwis are stumbling into home ownership.

A Realestate.co.nz survey found that 24% of respondents bought a property without initially intending to purchase, with 8% buying spontaneously in the past year.  

Agent Rawdon Christie told Heather du Plessis-Allan it's hard to believe people are really buying on a whim.  

He says there's a mountain of paper work and regulations to get through before signing on the dotted line. 

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Episode Transcript

Speaker 1 (00:09):
You're listening to a podcast from news Talk zed Be
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Speaker 2 (00:16):
Now this is a weird one. Turns out a few
Kiwis are actually buying houses on a whim. It's been
a survey by real estate dot co dot Nz and
it's asked participants if they'd ever ended up owning a
house that they first saw when they weren't thinking of buying.
Twenty four percent of people said yes they had. Eight
percent of people said that actually done it in the
past year. Rawden Christy is a realistic agent and with us. Now, Hey,

(00:38):
Rawden Goody, Hello, how are you very well? Thank you?
Have you come across a case like this?

Speaker 3 (00:44):
God, you know, I would love these buyers to come
knocking on my door quite frankly, when buyers it's really
hard to get buyers over the line in this buyer's market.
But look, I think I think the reality is anyone
who's going out and suddenly decides are going to buy
a house is probably thinking about it, even subconsciously, because
it's just not the sort of thing you're going to
do with a second without a second thought, particularly in

(01:06):
the market the way it is today. There is so
much due diligence, There are so much regulation, There are
so much stuff you have to go through before you
actually sign in the bottom line on the dotted line.
Rather that, I think, I don't know. I would find
it very hard to believe that there is a vast
number of people out there suddenly deciding to buy their
biggest investment without doing much homework.

Speaker 2 (01:27):
Well, what about this as an example? I just wonder
how broad it feels to me, like this is quite
a broad whoop side? Did it by mistake kind of
you know, definition of that? But what about this example
where somebody is just doom scrolling because they love to
look at house porn real estate porn, and they're just
dooms grown. They go, oh my gosh, look their house
is actually affordable, maybe we should buy that. Would you
consider that would be I think technically I didn't mean

(01:49):
to buy it, But you're saying, in the back of
your mind, you're only on there because you actually do
want to buy it.

Speaker 3 (01:54):
I think so. But having said that, for for what
you've just described, though, does happen, and it's the most
fantastic thing, because that is a really emotional purchase. That's
people who are I don't know, it's a dream coming true,
even though they didn't realize they were having the dream
until they had it. Yeah, and so that does happen.
But that's what I'm saying. The reason why they're doom
scrolling is because they probably are ready to maybe do something,

(02:15):
they just haven't wanted to admit to the fact they're
about to make the commitment.

Speaker 2 (02:19):
Do you doom scroll.

Speaker 3 (02:21):
All sorts of things. It would be ghastly to look
through my history. But yeah, no, I mean houses, absolutely,
you have to.

Speaker 1 (02:27):
We have to.

Speaker 3 (02:28):
We have to know what's going on in the market,
and the only way we can do that is to
make sure that we're trying to get our head around
as much as we possibly can about listings, what's selling,
what's not, what's changing, methods of sale, et cetera. There's
no doubt but this idea of buying. Oh how's the market? Yeah,
fantastic two seven to four? Yeah, couldn't be better. Tell

(02:49):
me the truth now, Uh, definitely seeing a lift in it,
there's no I mean, it's a wave. We're seeing a
positive wave. Whether and this is a stock related thing,
supply and demand at the moment the supply is just
beginning to wave at the demands on the way up.
That will probably change again in the spring and then
again in the late summer, but there's no doubt in
the last two weeks we've sold probably as many properties

(03:12):
as we had the two months before it, so we've
seen a real uplift. Whether that changes back in a
few weeks time, I don't know. But winter, I reckon,
is a key time to selling, when everyone assumes, ah,
we're not going to list now, so there's the supply
drops off, the buyers are still there, even those buying
on a whim are still looking in the middle of
winter Rowden. Do you know mechism I do, And I

(03:35):
did see the article today about him doing pretty much
what I did. He went he's obviously been doing what
I did, which is the sort of speaking circuit and
media stuff, and now he's decided to sort of go
for it, and I just wish him the very best
of luck. In fact, I was thinking of flicking him
a message to say, reach out, give us a call
if you want my experience, because it's not an easy journey.

(03:57):
But I can understand why he's doing it. I'm pleased
I did it. He's got a hell of a good
learning curve ahead of him.

Speaker 2 (04:04):
What do you Reckon's the hardest thing about switching from
Telly to real estate.

Speaker 3 (04:09):
Controlling everything about your own life Suddenly, I think you
know you are running your own business, your time management.
There's no one there telling you you've got a deadline
of this or that, and you have to you know,
you know what it's like. Howether you know you've got
a prep a certain amount of material by a certain time,
you've got to present it and then you're done until
the next day or whatever this is. You've got to

(04:31):
be able to control your own life to such an
extent that you have to be incredibly well organized. And
that's probably the hardest thing I've found.

Speaker 2 (04:38):
Yeah, hey, thank you, rud and I appreciate it. Watch
out mess going to give you a call in a minute.
He'll have been listening Ruden Christy, real estate Agent.

Speaker 1 (04:45):
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