Selling Methods

When it comes to selling your property, there are three popular methods to choose from:

Each has its own advantages and it is advisable to speak to us about the benefits of each method.

Private treaty

You decide the initial asking price
Inspections with buyers are conducted by appointment or at an occasional open home
Your home will compete against dozens of others on the basis of your asking price
The chances of a great sale price diminish with time (over first 6 to 8 weeks of marketing)
You are in control and can refuse any offer
Sale generally includes a cooling-off period for the buyer and is subject to finance as well as a satisfactory pest and building inspection by the buyer

4-week Marketing Campaign prior to auction ensures we find every available purchaser for your property
Most inspections occur at open homes
Buyers know there is a deadline to make up their mind
Buyers are required to pay a 10% deposit and sign an unconditional contract at auction. All quality inspections of the property must therefore take place prior to auction. No cooling-off period for buyers.
Buyers must have finance arranged prior to auction

For sale by tender method is useful when there will likely be a large number of buyers interested in your property.

Tender is essentially a private 'auction' for your home.
The home is normally advertised for around 4 weeks.
An asking price is not disclosed for the home however a price guide is often given to interested buyers.
Potential buyers submit a bid for your home. Unlike a public auction, all tender bids are 'sealed' and the parties cannot see each other’s bid.
The seller is able to choose the offer that best suits their circumstances or negotiate with a buyer using their bid as a starting point.