Experts in all selling methods
Each sale method has its own distinct strategy to achieve maximum results in terms of price and time. An overview of the most popular methods used by our clients are outlined below. To learn more and to determine the best method for you and your property contact one of our experienced team today.
Auction is an excellent option for selling your property, and comes with peace of mind from the following points:
- You set reserve the day before with your auctioneer so that unless the bidding reaches that level or beyond, your property doesn’t sell
- If the property doesn’t sell on the day under hammer, there is still a period of time in the auction process to conclude a sale. The auction process is a great opportunity to find the very best buyer for your property so you can be confident you have indeed achieved the very best sale price
- As a seller, one clear benefit is that you set the terms of the sale, such as the settlement date
- Auctions give all involved a clear date to work to for better planning
- Auctions are often high profile because of curiosity and the nature of auction, creating high energy and word of mouth exposure
Asking price is when your property will be advertised with a set price, determined by you. Setting this price correctly is critical to the successful outcome of your property sale. You can request a free appraisal by one of Summit’s highly skilled salespeople to ascertain what your property might sell for.
- No set date for sale
- With this method the purchaser offers the terms
- The sale is open to all buyers, with either cash or conditional offers
- It gives a clear indication to buyers what the property could be purchased for
- Correct pricing often creates multiple offers
To find out if this method is suitable for your property, contact one of our Summit Salespeople today.
A tender is where private and confidential offers are made by a set deadline. Any property can be sold by tender but it’s particularly useful for:
- Properties where a number of parties must be consulted, for example, properties owned by a family trust or deceased estate
- Properties where potential customers would expect to have to do due diligence before submitting an offer, for example, properties with strong development potential.
- Selling by deadline gives an end date with a sense of urgency
- Because there is no price marketed, you have the ability to attract a wide range of prospective buyers given that you aren’t restricted by a price that’s either too high or too low
- You determine the terms and conditions e.g. the possession date – this gives you a lot more flexibility
- The buyer competition created by a tender can mean a premium price is obtained
- You have time to decide, offers are irrevocable for the first five working days, giving you time if needed to consider offers before accepting
- A tender result is private and confidential
To find out if a tender is appropriate for your property or to ask about selling before tender date, talk to a Summit salesperson today.
To find out more about which of the above selling methods might suit your property and situation, contact an experienced and helpful Summit salesperson today.
Or request a free market analysis now to establish what your property might sell for. It costs nothing to compare.