METHOD OF SALE AUCTION Advertised without a price and has a set time frame to work within and offers an unconditional contract. When two, three or more people want to buy the same property – they compete for it. This pushes up the price and ensures you are getting the best possible price. Our job is to create competition among interested buyers. The more buyers, the more competition and higher the price. FOR SALE - BY NEGOTIATION Launch the property to the market without an advertised price - this will attract more buyers to inspect the property. Once a buyer has made their initial offer, a sale price will be achieved by negotiating between buyer and seller. If more than one buyer is interested in buying the property, we then let all buyers know it has become a multiple offer situation and then encourage them to submit their best and final offer. MARKETING TIME The most important marketing time is in the first few weeks. In this digital age, buyers become aware of a new listing very quickly. This means that most buyers in the market will inspect within the first one to two weeks. If the property was advertised with a price and the price was deemed too high, a buyer may dismiss the property based on the price alone. Once this has happened, the buyer rarely reconsiders the property. The best sales results are usually achieved early in the campaign, not after the property has been on the market for several weeks. This is why it is crucial that your home is marketed without a price from the start of a campaign to achieve a premium price.
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