Here is a description of our recommended methods of sale, and the considerations of each.
Sale by Private Treaty
This is the most common and preferred method of sale used by the Tasmanian public where the property is offered for sale at a fixed price. This method has the best success rate in today’s market especially if the property is priced correctly and is near the market expectation A sale is usually achieved fairly quickly If all marketing methods are attended to promptly. We often find that there will be competing offers and this in turn will often -increase the final sale price.
This method of sale is a three phase marketing program and combines sacral methods of selling properties and includes an Auction component if necessary. In the initial and most important three week period of marketing, your property is advertised without price to avoid overpricing or underselling, with notification that it will go to Auction on the fourth week if not sold.
Cash unconditional offers only are invited during this stage and it is your prerogative to accept or not. If there is exceptional interest we will recommend that you maximize your selling price by competitive bidding on the day set down for Auction. At all times you are protected by your confidential reserve price.
If your property is not sold at Auction or immediately after, we move into the third selling phase. Our advertising program continues and we normally expect to finalise a sale within a short period of time.
This method is not commonly used but can be useful when other methods may not be. A property is advertised for sale with a closing date for all Tenders to be placed in writing to the Agent. Tender forms are normally obtained and made available by the Agent.