Professionals Mildura have had some great results using the Auction process recently. Ever wondered about why some people choose auction as their sale method?
There are many benefits to the auction method of real estate sale. A well organised auction program creates maximum exposure and is recognised as a highly successful method of sale. Potential purchasers must attend the auction and act decisively if they are genuinely interested. Your price is not revealed, therefore potential purchasers judge the property and not the price. Drawing together a number of interested parties at one time ensures a competitive environment and there is nothing quite like competition to achieve the maximum price.
Other advantages to an auction are that it is an unconditional contract and the successful purchaser must immediately sign the vendor statement and the contract and pay the deposit on your terms and conditions. There is no cooling off period with an auction. The auction method establishes true market value and is considered a proper and business like method of selling, especially relevant in your circumstances as a co-executor.
If you would like an obligation free discussion about the auction method of sale and our personal approach to auctions, please contact the Professionals Mildura on 03 5021 1900 today.