Best Offer (Expression of Interest

What’s the Best Way to Sell my Property?

Asking Price (By Negotiation)

This is the most basic form of sale, which favours buyers (and the method that they prefer), because there is no ‘deadline’, they don’t have to compete with other buyers and they have a Cooling-Off period.

• Open to offers / negotiation immediately

• Instant feedback / you get an offer or you don’t

• No ‘deadline’ so buyers can procrastinate and another week goes by

• High risk of under-pricing or over-pricing

• Buyers get a Cooling-off period

• Buyers can have various Conditions to their offer eg. subject to loan approval, subject to building inspection, subject to sale of their property