FREQUENTLY ASKED QUESTIONS
 

Below is a list of frequently asked questions about propertybillboard.co.nz. To view an answer, simply click on the question below to be taken to the answer. Alternatively you can scroll down the page to view the answers to each question. If you still have questions you can contact us for more information.

 
 


  • Are Real Estate Agents allowed to list on Property Billboard?
  • Can I list International Properties
  • How do I contact a member about their listings?
  • How is Gross Yield calculated?
  • How long does it take for my listing to get approved?
  • How long does my listing last on Property Billboard?
  • How many documents can I upload for a listing?
  • How many images can I upload for a listing?
  • How many properties can I list?
  • What assessment criteria used for approving listings?
  • What format do my photos need to be in?
  • What is a Double Settlement?
  • Why is my listing not showing up yet?
  • Why was my property listing rejected?


  •  
    Are Real Estate Agents allowed to list on Property Billboard? back to top >
    Yes - their listings will need to satisfy the same criteria as all other listings  
    Can I list International Properties back to top >
    No. Property Billboard is designed for New Zealand investment properties only.  
    How do I contact a member about their listings? back to top >
    Each listing has a contact link. Clicking on the link will take you to a page that gives you the contact details of the owner of that listing, and allows you to send them an email directly about the listing. In order to protect the privacy of members, you can only view other members contact details when you are logged in.  
    How is Gross Yield calculated? back to top >
    Gross yield is found by dividing the annual rental return for a property by the purchase price of that property.

    For instance, if a property costs $400,000 and rents for $600 per week:

    $600 per week multiplied by 52 weeks in a year is $31,200 per annum.

    $31,200 per annum divided by $400,000 purchase price is 7.8%

    This means the gross yield for the property in this example is 7.8%.  
    How long does it take for my listing to get approved? back to top >
    To ensure Property Billboard maintains a high level of quality properties on the website, individual listings are manually approved. This usually takes place within 24 hours of the property deal being listed.  
    How long does my listing last on Property Billboard? back to top >
    A Property listing lasts 90 Days on Property Billboard. In the manage listings section you can change the status of the listing and delete it. After 90 days the listing will be stored in expired listing.  
    How many documents can I upload for a listing? back to top >
    5 Documents per listing  
    How many images can I upload for a listing? back to top >
    Unlimited images per listing  
    How many properties can I list? back to top >
    Unlimited, Our only requirement is that all deals meet the Property Billboard assessment criteria  
    What assessment criteria used for approving listings? back to top >
    In order for a listing to be approved for viewing on Property Billboard, it must comply with one (or more) of the following guidelines:

    - Min 10% Below Registered or Government Valuation
    - Above 7% Gross Yield
    - Potential to add significant tangible value through subdivision, renovation, construction, or similar.
    - Potential increase in value prior to settlement (ie very long settlement)

    Additional Compulsory Criteria:
    - Listings must have full details of a deal and not just link to another website for more information or not just state "contact me for more information".  
    What format do my photos need to be in? back to top >
    Your images need to be in jpeg format and 600px(width) X 416px(height) or proportionately bigger in size but the file size should be smaller than 500 kilobytes (half a megabyte) in order to be uploaded.  
    What is a Double Settlement? back to top >
    A Double Settlement is where a buyer buys and sells a property on the same day. This is also referred to as "Contemporaneous Settlement"  
    Why is my listing not showing up yet? back to top >
    Each property is manually approved by Property Billboard. This is to ensure that we only have property deals that meet our listing assessment criteria  
    Why was my property listing rejected? back to top >
    All property listings are manually approved by the team at Property Billboard. We want to ensure that the site is only offering investment properties that are attractive to investors that are visiting the site. You will be notified by email if your listing does not meet the standards required in our assessment criteria.