Methods of Sale

shutterstock_376239673Methods of Sale

PRIVATE TREATY

  • Fixed price
  • Price disclosed to market
  • Offers usually less than price offered
  • Conservative sales process

AUCTION

  • Price uncapped
  • Unconditional
  • Creates urgency with a deadline
  • Three step process
  • Suited to high interest properties

BY NEGOTIATION

  • No price placed for first 2 weeks
  • No pressure to come up with a price
  • Wait for market feedback
  • Protect the integrity of the campaign
  • Offered to a wider price bracket
  • Price set after 2 weeks
  • Might sell in first 2 weeks without a price

SET DATE SALE

  • Suitable for all properties but best results with high value properties
  • Suitable for properties with few comparable sales
  • No price is disclosed
  • Invites offers to a closing deadline
  • No offers disclosed when multiple buyers interested