Selling Options

We explain the three most common selling methods;

  1. Auction
  2. Private Treaty
  3. Tender - Selling to the Highest Bidder

Auction

Some of the benefits of selling your property by auction include;

  • Auctions attract more buyers to your property because prospective buyers aren't put off by the asking price.
  • The auction date creates a sense of urgency that prevents buyers delaying their decision and lets them know you are serious about selling.
  • You are protected by a reserve price. This means your property won't sell unless bidding reaches a pre-agreed level.
  • There is no ceiling price, so you have the opportunity to achieve a price above your expectations.
  • Auctions produce an unconditional contract for sale with a set settlement date.

Private Treaty

 Some of the benefits of selling your property by private treaty are;

  • A fixed price makes it easier for buyers  - the don' need to guess your desired selling price, which leads to a faster negotiation process.
  • The price can be adjusted throughout the marketing stage, based on qualified buyer feedback and local market conditions.
  • This method of sale is a tried and tested style of marketing.
  • It assists buyers to formulate offers that address your desired selling price, which leads to a faster negotiation process.

Tender - Selling to the Highest Bidder

Some of the benefits of selling your property by tender include;

  • This method of sale shows you are confident about your property and a successful sale.
  • Tenders offer the intensity of an auction but without the potential stress of auction day.
  • Tender enables you to keep the price you may accept for your property discreet and lets the market dictate the price buyers are prepared to save.