Posts Tagged ‘property reports’
Zoodle is now able to offer you the opportunity to order a Certificate of Title for the vast majority of properties across New Zealand. At a cost of just $11.25 the certificate offers a very convenient means of verifying the legal details of a property.
The Certificate of Title details the legal owner of the property and shows everything registered against the property title. The Certificate of Title details whether there are any Mortgages, Leases, Easements, land usage restrictions, or other interests registered against the property title. It will also tell you whether the land is freehold or leasehold. The Certificate of Title includes a separate page with a simple diagram of the deposited plan of the property, normally showing the property’s area and dimensions.
This service is an addition to the regular online reports offered for properties. The process for delivering the report remains as a pdf document viewable online or by email, the process for production is somewhat different. Certificate of Titles are constantly updated and as such it is important that any order received on Zoodle is checked by Terralink International prior to distribution so as to ensure accurate representation.
It is for this reason that the ordering of a Certificate of Title can and does take a few hours. Whilst we are unable to guarantee a delivery time for this report we will commit to deliver the report no later than the morning of the next working day. We should point out that Terralink does offer an urgent delivery service which for $16.25 provides a 30 minute turnaround time during business hours.
To order a Certificate of Title just search your chosen property and then click on the link to proceed to the checkout. Here is a sample of a Certificate of Title.
One great feature of zoodle is the my zoodle section where you can access any of the reports you have purchased and bookmark any of the properties on the site. My zoodle has several sections to keep your property searching organised:
When buying a property report from zoodle you can be assured that you will always have access to the report online even if you lose the original. We keep a copy of the report for you on your my zoodle page in both HTML and PDF format so you can access the reports at any time from any web browser (This also applies to the free reports). Unlike other property report providers we don’t just give you a window of 2 hours to view your report, after all you’ve paid for it and there is no reason why we shouldn’t keep it online for you in case you loose the original PDF.
Saved properties is a great place to store any properties you are interested in. On any property page within zoodle you can click on the ‘add to my property’ link and save it into your account. Use this to bookmark properties you have been to view or that you might be interested in the future.
If you would like to update your login details or your password then you can do this here. As a side note if you ever forget your password then enter your email address here and we will reset it for you.
Here you can view all of your previous orders and view a copy of the invoice. If you ever need to print off a copy of the invoice or check any of the details you can look at then here.
All of the above are just small features but we think it is really important that you always have access to the data that you have purchased. If there are any other features you would like to see in my zoodle please let me know.
As reported this week Quotable Value has in the past year shed 52 jobs taking its work force to 256, the majority of the attrition has been at the front line of valuation services around the country with 20 offices here in NZ and 5 in Australia.
Whilst Quotable Value is a state owned enterprise which generated a pre-tax surplus* of $18m to the government coffers last year what is less well known is the fact that the website of QV which is often the most publicly recognised face of the business is actually a joint venture with the Australian property information company RP data itself owned by First American. The primary business of Quotable Value is the provision of valuation services to local authorities and financial services companies as well as general business and individual residential valuation services, both in NZ and Australia. This operation outside of the online business generated revenue of just over $41m last year with a bottom line before interest of just under $200,000.
The QV website which provides property reports is operated by the company Property IQ and in the past year generated sufficient income to Quotable Value to largely create all of that $18m surplus*.
It is into this arena that Zoodle has launched itself as a joint venture between an equally credible property information company in Terralink and realestate.co.nz the official website of the real estate industry. The challenge now is going to come down to the consumer choice provided by the new entrant of Zoodle as a pure play online business and the more diversified incumbent in the high stakes business of providing relevant property information online.
In a coincidental quirk of timing it was interesting to note that the news article of the QV announcement was hosted on the NZ Herald website whilst the prominent banner advert at the header of the page was for Zoodle – a lucky coincidence or a timely reminder of the power of online businesses as compared to bricks and mortar. The screenshot below highlights the coincidence as ad campaigns tend to rotate fairly frequently online, as viewing of the page now may produce a different advert.
*AMMENDMENT – 3 March
I would like provide an amendment to some of the information presented above concerning Quotable Value.
- RP data as the joint venture partner with Quotable Value in Property IQ is not wholly owned by First American. RP data is an ASX listed company. First American owns 38% of the shares in RP data
- The inference that the website of www.qv.co.nz is responsible for the surplus of $18m is incorrect – the surplus is the total of the contribution to Quotable Value from online businesses of which Property IQ is one component. Equally the QV website is just one of the businesses of Property IQ.
- The Property IQ joint venture was only commenced in April 2008 and the annual report referred to above covered the financial year ending June 2008. The $18m income to Quotable Value in the financial report covered online business not solely Property IQ.
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