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Learn more about methods of sale
There are several ways to sell property including the traditional setting of a sale price, no price marketing and set sale dates. Your PGG Wrightson Real Estate salesperson is knowledgeable in your location and up to date with current market conditions. In consultation with you and considering your requirements and expectations, they will work with the best method for your situation.
Auction
Auction is a very effective selling method and a powerful demonstration of your determination to sell. All property types are suited to auction selling and the perception that auctions are reserved for desperate or unusual circumstances is a myth. Auction is the most accepted form of selling in the modern era.
Tender
Sale by tender is an effective form of “no price, limited time frame” sales method – where bidders submit their offers in sealed envelopes.
Deadline Private Treaty
Sale by deadline sees prospective buyers competing to purchase a property within a defined “time frame” but without the formalities of a tender. Confidential offers are invited by a specified time, usually in a sealed envelope.
Buyer Enquiry Over
In a slower market this is an option on Deadline Sale and Price by Negotiation to add a price guide.
Price by Negotiation
A property may be offered for sale by negotiation, the success of this method will depend on the current market. A buyer is invited to make an offer on the property, the vendor can then either accept it or counteroffer.
Fixed Price (Private Treaty)
With sale by fixed price, you make your sale price expectations very clear to all prospective purchasers. Because of this, it is absolutely critical your asking price recognises the current market in your locality for your type of property.
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