Auction v's Private Sale
The first step in optimising a result for the sale of property is determining the best method of sale for the situation. We'll assess your needs, the market conditons and advise the right medium for you.
Our typical auction campaign consists of four weeks of advertising and open house inspections followed on the fifth Saturday before the Auction. The defined time frame not only demands action from interested buyers, it assists you to plan for your next steps.
If you submit your property for Auction this means that prospective purchasers will bid against one another at a date and time suitable to you. You can set a reserve price, which is the mimimum you will accpet, and once bidding has passed that level you know you have a sale, as it will be unconditonal and a predetermined deposit must be paid on the day.
Your sale is in the most capable hands with our highly experienced Principal Auctioneer, Mark Lowry.
Vendors who do not want the publicity that comes with a full auction campaign, or who have a flexible approach to the time period in which their property may sell, will find the private sale approach an attractive option.
Private Sale means that you set a price at which your property is to be marketed to the public through the marketing plan agreed to by you and the agent.
A private sale campaign may have weekly advertising and regular open home inpsections, or inspections my occur by private appointments only. We can tailor a private sale campaign to suit your specific requirements.
The campaign runs for as long as it take to find a buyer at an accetable figure. Excellent results can be achieved this way, often with little or no advertising.