Selling Information
There are several methods of marketing residential property. At ACRES7 residential we will back you 100% using whichever method you choose.
What is most important to remember is that it is YOUR decision and your decision alone as to how your property is to be marketed. Whichever method you choose, rest assured that we always aim to achieve the highest possible price in the shortest possible selling time.
Public Auction vs. Private Sale
While many sellers view the Private Sale method as less stressful than an auction, others prefer the defined time frame and intensive marketing of an auction.
Some people prefer to keep their exposure to the market to a concentrated time frame and create a situation where buyers are forced to compete with the market for their property. If this is your preference, a Public Auction, or sale by Private Bid, could be the most appropriate method to adopt.
If, however, you have concerns regarding the perceived pressure that such a concentrated campaign could place on you, you may prefer to opt for a Private Sale campaign instead.
Whichever method you choose, the focus of the ACRES7 residential team will be to achieve the very best possible result on your behalf.
How does 'For Sale by Negotiation' work?
This method of sale is similar to selling by the 'Private Sale' method in that the property is offered to the market and buyers with an interest in your property are encouraged to make an offer and negotiate.
When a buyer expresses an interest in the property, a ACRES7 residential consultant negotiates with the buyer to maximize the price. Rather than offering your property at a 'set price' as in the traditional Private Sale method, this method uses a 'price range' or price guide. Thus, in the buyers' minds there appear to be more room for negotiation.
In this respect, the 'For Sale by Negotiation' method has some elements of an auction strategy, but without the time restraints associated with an Auction campaign that some people find stressful.
You can benefit by using the 'For Sale by Negotiation' method because it:
- Can have less marketing costs associated with it - this of course depends on how long it takes to achieve a satisfactory sale.
- Removes the element of competition that comes with bidding - which may suit you if you find auctions daunting.
- Can be slightly less stressful because it does not build up to a deadline like auction day.
- Enables you to negotiate on terms and condition (such as a long settlement) as well as the price.
- May have a lower profile campaign if so desired.