Page 6 - Selling With Paul Rowe

SELLING OPTIONS

WITH C21

AUCTION

If you decide to sell using the auction
method, the property is marketed

extensively for a set period of time
(normally around 4 weeks). This
intense campaign is designed to
create interest in the marketplace You can accept an

and strong competition between offer prior to
buyers. On auction day, you decide on

a reserve price for your property. If auction, you can
bidding does not reach your sell on auction
expectations, you can decide not to
sell. If bidding goes above the reserve day, or if you

price, the auctioneer will sell it to the
highest bidder. decide not to sell

on the day you

There are many reasons why an can sell later by
auction is effective. Firstly, there is a

set marketing period and a final end negotiating with
date, so it is easier to try to plan the interested
dates for your move. Also, inspections

are normally arranged when your buyers generated
property is looking its best, and at a by the marketing
time that suits you, so there’s minimal

disruption to your life. There is also no campaign.
“cooling off” period, which means that
when the house sells at the auction,
its definitely sold. The buyer normally You are always in

hands over a cheque for 10% of the complete control.
purchase price.