Methods of Selling Your Property
There are many different ways to sell your property. Keep reading to find the options available to you...
Your Selling Options Explained
Selling by Private Treaty
The most popular way to sell a property in Queensland. In a private treaty, the vendor sets a price for the sale and your agent advertises your property for sale at this price. Prospective buyers will either accept the asking price or submit a counter offer at a lower price. When both parties have agreed a price, a contract is signed by both parties and the sale proceeds.
Selling by Auction
An auction is also a private sale. At a specified date and time and following a marketing campaign, a licensed real estate agent will conduct an auction.
Prospective buyers will gather at the location and an auctioneer will accept bids on the property. The highest bid received that is in excess of the reserve price typically proceeds to sale.
Selling by Openn Negotiation
Openn Negotiation is a new and innovative way to sell your property over the internet. It uses a property purchasing platform designed to be fair for the seller and the buyer.