It involves a short and sharp marketing campaign putting your property on a pedestal and under spotlights to reach every possible buyer in the marketplace.
Auction properties are generally on the market for the shortest time (an average of 40 days)
You set the conditions and are in complete control
An auction date increases urgency and reason to act
Cash sale – no subject-to-sale / finance uncertainty
10% deposit payable on the day of sale
Buyer competing against buyer… Not buyer negotiating against seller
For more information on auctioning your property view the video below:
8 Penzance Road Mairangi Bay
Watch this exciting auction of a Penzance road property, that eventually sold for $1.5 million.
