Sotheby's International Realty Rotorua with Shona Duncan
Shona Duncan, Principal and Managing Broker of New Zealand Sotheby's International Realty Rotorua, Rotorua is seeing strong demand for mid to high-end properties in her region.
"We have some stunning homes in and around our lakes regions and high-end lodges for sale specifically at Lake Tarawera, Okareka and Rotoehu. These, and the beautiful homes and lifestyle blocks in our region are appealing to our buyers who are requiring more high-end styled homes and who are looking for particularly large ones. People's expectations for quality is more prevalent than ever," says Duncan.
"With the enormous global reach of the Sotheby's International Realty website, we do get an incredible inquiry level from overseas buyers usually from expats returning home. With new OIA rules, this has become more restrictive but for returning expats who are satisfied with their time overseas; this market is really gaining strength".
In Rotorua, the mid-range sector is very buoyant. Comparatively, with other regions and cities, Rotorua offers excellent buying. A significant number of buyers are coming from Auckland, Wellington and Tauranga and are looking for a change in pace and lifestyle opportunities. The lakes and forests have much to offer of the great outdoors. Bringing their equity out of other regions arms purchasers with excellent buying power.
The Sotheby's International Realty team in Rotorua has been operating for almost two years. The original team exists plus new members who have joined over this time.
1) Marilyn Christian has 25 years in the industry and is very well connected and will often bring the high end residential or apartment sales for our office.
2) Brendan Ryan is another very experienced consultant with 21 years in the industry. He works across the board but has a niche market at Lake Rotoiti where he lives. Mid to high-end residential is his specialty.
3) Judy Guyton has worked in the real estate industry 20 years. She is well connected and very accomplished. Her residential sales results are very consistent across the board.
4) Peter Guilford is very seasoned and has been in the industry for 14 years. He is well connected and achieves great results across the mid to high end and often works together with Marilyn.
5) Ashley Duncan is newer to the industry and adds a younger element to the team. She has gained significant traction and momentum in her new business with some excellent results across residential and lifestyle sales.
6) Megan Davies joined the company after working at New Zealand Sotheby's International Realty in Kerikeri. Before that, she worked for Sotheby's International Realty in Hong Kong starting her career with them in 2008. She achieves excellent results in high-end sales and works across the lakes, primarily in residential.
7) Michael Burton just started and is new to the real estate industry but is well known in his business with links to local BNI.
8) Shona Duncan has been in the industry for 29 years and specialises in lifestyle blocks, waterfront and special projects as well as being the principal of the business.
New Zealand Sotheby's International Realty has made huge inroads into the Rotorua market by achieving premium results for clients and achieving market share for sales over $1m. In July for example, five offers over $1m and one over $2m have been written.
"Most people who understand the value in the brand and its ability to achieve a premium result call us. With New Zealand Sotheby's International Realty's extensive international reach, it makes sense to choose this brand and give your property the best chance at achieving its maximum potential earning," says Duncan.