A Guide to Selling with Tarun Joshi

Page 7

METHODS

Of Sale Your sales agent will recommend the best method for selling your property at the highest price, however, the choice is yours.

Auction

Sale by Nominated Date

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Vendor’s price not disclosed Buyer’s best price No conditions Creates urgency No cooling off period Creates competition Greater exposure A selling date is set 3 stage marketing Better known method Can sell prior to auction day 10% deposit cash sale

High market exposure Set sale date Accept an offer anytime Creates urgency Buyer registration system Competitive tender bidding Accept any condition No public display Purchasers don’t know offers Vendor’s price not disclosed Buyer’s best price 3 phase negotiation

For Sale

Sale by Negotiation

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Low cost Offer accepted at any time Can accept any conditions (Subject to finance, subject to building inspection, subject to buyers property being sold)

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Low key Works the buyer’s price up No ceiling on price Great way to seek market reaction Minimum marketing costs Creates competition Can accept any conditions (Subject to finance, subject to building inspection, subject to buyers property being sold)


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