Auction is a marketing strategy used to get the best possible result in the shortest amount of time.
Much to the contrary auctions are not as stressful as they are made out to be. Auction enables you as the seller to always remain in control, you are protected by the reserve price and one of the greatest outcomes is the final offer and acceptance as soon as the hammer falls, contracts are signed immediately and then its time to celebrate.
"Auction is one of the best ways to sell real estate and its the most transparent method of sale."
You have three chances of selling your home when using the auction method of sale.
- Before the Auction
- On Auction Day
- After the Auction
When selling by auction you will always place an investment into marketing. The auction method condenses the marketing into a short, high impact campaign that will ultimately draw in more purchasers giving you maximum reach in the market and drive competition at the auction.
"Auction will open your property to the entire market."
Auctions allow you as the seller to capitalise on 2, 3 or more bidders at auction that will compete to achieve the best possible result for you and the property.
Auctions create urgency which is placed on the buyer to make a decision within a set time frame, they need to do their homework and be ready to buy on auction day.
The combination of allowing the buyer to determine the own price plus a competitive market will ultimately provide the best result for the seller. With properties consistently selling above reserve price, auction is a proven selling method.
Selling by Private Treaty is like an open ended sales method, auction condenses the sales campaign and gives you a structured plan with clear outcomes.
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If you're interested in selling your property by auction please tell us a little more about you and your property.