Method of Sale

What’s right for one property might not be right for another. That’s why, when it comes to choosing the method of sale we consider the location and unique market conditions to give you the best recommendation possible. We’ll also talk you through the other options available. To get the best results we may recommend that your property is offered to the market by a well-executed private treaty/auction campaign. Here are some options you might like to consider:


Auction

There’s a lot to like about auctions. They can generate competitive bidding and a sale price exceeding your reserve. Here are some points to consider:

  • The highest chance of successful sale with 87% of homes selling within the agency period
  • Immediate exchange of contracts. The contract is signed unconditionally and 10% deposit is payable
  • It’s competitive – the pressure is on buyers to make a good pre-auction offer
  • Intensive promotional campaigns attract the maximum number of buyers
  • Shorter selling periods mean auctions can be more convenient with less disruption to family
  • The property cannot be sold below the reserve price without the approval of the vendor
  • No cooling-off period. The contract cannot be rescinded by the purchaser
  • A specified auction date creates a sense of urgency


Raine & Horne CoomeraFor Sale

With a For Sale campaign, you set your property’s price based on our recommendations. Here are some points to consider:

  • Offers can be considered at your leisure
  • You can determine the pace of the sale process
  • The pace of negotiations can also be controlled
  • Buyers can be attracted by the cooling-off period (which may be available)
  • It can sometimes be a less stressful experience
  • Prospective purchasers not prepared to bid at auction prefer the private treaty sales process