One of the first decisions you will make when moving forward with the
sale of your property is the choice between sale at Auction
or Private Sale.
This is where David McFarlane Real Estate can guide you. An assessment
of your home and your needs will establish the right approach for your
property.
Auction
Auctions create competition allowing interested parties to compete against
each other. Clients like the defined marketing period (four/five weeks,
three/four weekends) with a large proportion selling on Auction day.
This is ideal when clients have a time limit and demand a result within
6 weeks and it encourages buyers to make a decision. Another advantage
is the transparency of the Auction process, the highest bid on the day,
or shortly thereafter is an indication of the value of the property
and what the market deems a representative price.
We will discuss the auction process with you in greater detail so that
you can decide the best method to follow.
Private Sale
Listing your property privately means you can test the market, this
can be a most successful way of introducing buyers and gaining their
interest.
The difference with a Private Sale is there is no time frame, the campaign
runs for as long as it takes to find a buyer at an acceptable figure.
Excellent results can be achieved through Private Sale.
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