Auction Advantage

Auction = Auction

Auction

An auction is designed to attract genuinely interested, cash-in-hand buyers.  These buyers are focused only on establishing the maximum price they are prepared to pay - not how low their offer should be.  As motivation on the big day is often bolstered by emotional commitments towards purchasing, this also strengthens the natural form of competition between buyers.  The afore-mentioned 'maximum price' is also often open to interpretation in the mind of the buyers.  The buyer's fear that they have undervalued the property, and may lose out, often means that they will stray pas their limit.  Bidding for a house is action-packed and that's all in your favour.

The auction is also the least disruptive and intrusive method.  Your home only needs to be opened at times that suit best and you remain in total control of the whole process.  With assistance form your Brock Harcourts consultant you'll set the terms, conditions and auction deadline.

The undisclosed minimum reserve price is set - once you're completely comfortable with it.  With your valued input, a professional marketing plan will be put in place to ensure your property gains the maximum profile within the first few weeks of market exposure.  With all this in place the excitement of the big day sometimes never eventuates.  That's because you always have the option to accept offers prior to auction.