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 (00:00):
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 realist, that agent and

(00:20):
with us. Now, Hey, Rawden good, Hello, how are you
very well? Thank you? Have you come across a case
like this?

Speaker 2 (00:27):
God, you know, I would love these buyers to come
knocking on my door quite frankly, whim 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

(00:49):
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 theotted 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 1 (01:10):
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 at 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
doom scrolling. 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

(01:32):
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 2 (01:38):
I think so, 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, but 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,

(01:59):
they just haven't wanted to admit to the fact they're
about to make the commitment. Do you do them scroll
all sorts of things. It would be ghastly to look
through my history. But yeah, no, I mean houses, absolutely,
you have to. We have to. 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,

(02:21):
methods of sale, et cetera. There's no doubt but this
idea of buying. Oh how's the market? Yeah, fantastic? Two
seven four, Yeah, couldn't be better?

Speaker 1 (02:33):
Tell me the truth now.

Speaker 2 (02:35):
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 as we had the two

(02:56):
months before it, So we've seen a real uplift. Whether
changes back in a few weeks time, I don't know.
But winter, I reckon, is a key time to selling
when everyone assumes are we're not going to listen now,
so there's the supply drops off. The buyers are still
there even though buying on a whim, are still looking
in the middle of winter.

Speaker 1 (03:15):
Rawdon do you know mechism?

Speaker 2 (03:18):
I do? And I did see the article today about
him doing pretty much what I didst 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

(03:39):
it's not an easy journey. 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 1 (03:47):
What do you Reckon's the hardest thing about switching from Telly.

Speaker 2 (03:50):
To real estate, controlling everything about your own life. Suddenly,
I think you know you are running your own business,
your time management. No one they're 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.

(04:13):
You've got to 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 1 (04:22):
Yeah, hey, thank you, rud and I appreciate it. Watch out,
Mess's going to give you a call in a minute.
He'll have been listening Ruden Christy, real estate agent.

Speaker 2 (04:29):
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Speaker 1 (04:33):
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