SOUTHERN SUBURBS REALTY LTD

Licensed Agent REAA 2008

Address: 319-323 Great South Road, Papakura, Auckland 2113

Tel: +64 9 298 4000

Email: myharveys@myharveys.co.nz

A Member of the Harveys / LJ Hooker Group

Contact Harveys

© 2019 Southern Suburbs Realty Ltd - Licensed REAA 2008. All Rights Reserved.

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QUICK GUIDE TO SELLING METHODS

Here are three recommended methods for selling your property: 

Auctions

Some of the benefits of selling your property by auction include:

  • Vendors have total control over the sale process.

  • Auctions attract more buyers to your property because prospective buyers aren’t put off that there is no asking price.

  • The auction date creates a sense of urgency that prevents buyers delaying their decision and lets them know you are serious about selling.

  • You are protected by a reserve price. This means your property won’t sell unless bidding reaches a pre-agreed level.

  • There is no ceiling price so you have the opportunity to achieve a price above your expectations.

  • Auctions produce an unconditional contract for sale with a set settlement date.

Private Treaty

Some of the benefits of selling your property by private treaty include:

  • A fixed price makes it easy for buyers — they don't need to ‘guess’ your desired sale price.

  • The price can be adjusted throughout the marketing stage, based on qualified buyer feedback and local market conditions.

  • This method of sale is a tried and tested style of marketing.

  • It assists buyers to formulate offers that address your desired selling price, which leads to a faster negotiation process.

Tender - selling to the highest bidder

Some of the benefits of selling your property by tender include:

  • This method of sale shows you are confident about your property and a successful sale.

  • Tenders offer the intensity of an auction but without the potential stress of an auction day.

  • Tender enables you to keep the price you may accept for your property discreet and lets the market dictate the price buyers are prepared to pay.

  • A tender has a closing date to create a sense of urgency in the buying process.

  • This method of sale generates competition for your property.

Auctions attract serious buyers.