Auction
Strong strategy All our auctions are carefully planned to maximise your results, from documentation to setting the right date. Preparation and tailored marketing form the backbone of real success. Convenience Selling your home brings with it some disruption to your lifestyle. But with shorter campaigns and fewer ‘open for inspections’ that are all pre-arranged, choosing to go to auction can be a great way to reduce the impact on family life. Best price The competitive nature of auctions can deliver impressive results. With no upper limit and the excitement of drawing out the best bids, there is always the possibility of sale prices well above the reserve and above estimated market value. Auction advantage An auction can be an exciting event. They’re effective and immediate, and generate buyer competition. It can also be a great way to attract quality buyers and generate a real sense of urgency. There are a number of reasons as to why this method of sale might be right for your property.
Maximum exposure Auction campaigns are designed to give your property maximum exposure. By concentrating your marketing over a relatively short period of time, you can attract more interest from genuine buyers. At auction the market then determines the value, so you’re genuinely getting what the property is worth at the time of sale. Set date Auctions create a real sense of urgency. Any potential buyer must do their homework within a certain period of time. Buyers have to be ready because when the property goes to auction, it’s time to act. Conclusive results When a buyer purchases your property at auction, you exchange contracts immediately. There’s no period where the buyer can rescind the contract. Photo credit: Raine & Horne Marrickville
The reserve When you set a reserve, the property can’t be sold below this price without your approval. The reserve doesn’t need to be set until just before the auction. Your reserve doesn’t have to be disclosed either. Immediate exchange When the hammer falls, your buyer must sign the contract and pay their deposit then and there. The immediate exchange of contracts safeguards you against loss of contract and sale. Preparing your home for sale The best impressions are first impressions, so presenting your property in the best light possible is critical to gain strong initial interest from buyers. A good rule to styling is less is more: simply remove anything that isn’t essential. Your agent will also be able to advise you of anything that could help to add value or increase the appeal of your home.
What’s right for one property might not be right for another. That’s why, when it comes to choosing the method of sale we consider the location and unique market conditions to give you the best recommendation possible. We’ll also talk you through the other options available. To get the best results we may recommend that your property is offered to the market by a well-executed private treaty/ auction campaign. The right method? There’s a lot to like about auctions. They can generate competitive bidding and a sale price exceeding your reserve.
www.rh.com.auRkJQdWJsaXNoZXIy MTI3ODI1