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.
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