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Advantages of auctioning your property

  • Auctioneering is a transparent way of selling your property with a settlement date to suit the owner.

  • An auction exposes the property to the market place over a 4-week period and brings together on the day a group of interested buyers to achieve the best price possible.

  • The auction process emphasises that owners have a genuine desire to sell their property to potential bidders.

  • It generates maximum exposure in a transparent environment without placing a ceiling on the price.

  • The successful bidder purchases on an unconditional cash basis with a definite settlement date chosen by the owner.

  • Given a comprehensive campaign the owner has the option to accept offers prior to auction.

  • A sale by private treaty can lead to prolonged negotiation where the auction process leads to an early outcome.

  • Private treaty home opens can occur at times to suit the prospective purchaser (virtually any time), whereas with the auction process the home open times are set in advance to suit the owner.