Method of Sale

Offer Process and Tips
There are three methods of sale to consider and weighing up which one is right for you can be determined by looking at the following factors:

  • Location of the property
  • Availability of similar properties in the local area
  • Buyer demand for a particular style of property
  • Market conditions
  • Your circumstances

Private Treaty Sale

A private treaty sale involves direct negotiations undertaken privately with prospective purchasers and is the most common method of sale used in our marketplace.

Auction

A public sale of property in which the highest bidder at or beyond your reserve price secures the property. To sell via auction is a cash unconditional contract with no cooling-off period.

Tender

Calls for buyers to place their best offers in writing for a property by a set date. Purchasers should obtain “Particulars and Conditions of Sale by Tender” from the agent. A price for the property is not advertised, allowing the market to decide the value.

 
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OUR amazing sales result
89A Lawson Ave, Frankston South
sold at auction $916,000

$156,000 over reserve
$255,000 over previous street record
5 bidders (70% from Melbourne)