PGG Wrightson Real Estate has detailed experience in marketing all types of properties through these processes:
Public Auction
Create market excitement while maintaining control:
- Show you mean to sell and set the rules for the sale
- Limit how long your property is on the market
- An auction date creates purpose among purchasers and concentrates your marketing campaign
- Purchasers will bid up to what they consider is market value
- A public auction creates competition, and potentially a better price
- If sold under the hammer, an auction sale is unconditional
- If the reserve is not met, the process is likely to identify other options to progress a sale
Tender
Achieve a rational market outcome while retaining confidentiality:
- Purchasers indicate what they will pay via a confidential process, and to a deadline
- Setting a date creates purpose and concentrates the market
- Purchasers will make their best offer, bidding up to what they deem appropriate value
- Accept whichever tender you decide, not necessarily the highest bid
- Ideal for properties with a twist, and situations requiring discretion or confidentiality
Private Treaty
Ensure that, as a willing seller, you find willing buyers:
- Engage with the market in an open, non-pressured way
- Identify buyers and determine the property’s value
- List through every agreed and realistic means
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