Method of Sale
The Auction system is a popular method that works particularly well in the Moonee Valley area. The advantages of selling by Auction will ensure you obtain an unconditional contract, as buyers cannot use "subject to..." conditions and no "cooling off" period applies, providing you with peace of mind.
A short but comprehensive marketing campaign means less disruption to family life. Set inspection times for potential buyers are arranged at the outset to offer convenience to you.
Sale by Negotation
Sale by Negotiation is a mixture of the Auction bidding process and the Private Sale time frame. Houses usually sell within a 4 - 6 week period - sometimes even earlier.
Properties marketed using the Sale by Negotiation process often achieve prices well in excess of owner’s expectations. There is no upper limit for bids and often enables sellers to achieve a sale price in excess of their reserve or what was thought to be a fair market price.
Selling by Private Sale the property goes onto the market with a predetermined asking price agreed between the seller and the agent. The asking price is based on the market analysis and opinion of the current market conditions. In general the asking price or a range to the asking price is publicly stated. Often the predetermined asking price turns out to be the maximum price or the basis of lower offers up to that price.The sale of property is open-ended and there is no fixed sale date until an offer is accepted by the seller.