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Methods of Sale
METHODS
Of Sale
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Your sales agent will recommend the best method for selling your property at the highest price, however, the choice is yours.
• 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
Auction Sale by Nominated Date
• 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
• Low cost • Offer accepted at any time • Can accept any conditions • (Subject to finance, subject to building inspection, subject to buyers property being sold)
Sale by Negotiation
• 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)