STRATEGY | 12 | In Western Australia, the most common way to sell your home is via private treaty. This method is based on advertising the property at an asking price and then negotiating with the buyer, through the agent, to secure the sale. Most potential buyers feel more comfortable with the private treaty process, as it is a very familiar and commonly accepted sales method in WA. PRIVATE TREATY END DATE SALE When selling your home, these three strategies are proven to be effective for the West Australian property market. Also known as tender process or Set Date Sale, this option for selling your property is to invite offers by a specified date. With this method a property will generally be on the market for four to six weeks to allow potential purchasers to view it. If they are keen to buy, the agent will ask them to submit a formal offer. The offers are then negotiated by the agent to maximise the price. Performed with expertise, by the right agent, this process delivers remarkable results.
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