Canberra RealEstateTeam.com.au
  • Home
  • Selling Process
  • Advertising Options
  • Market Appraisal
  • Helpful People
  • Make a Offer
  • For Sale
  • About us
    • Testimonials
    • Join Us

Advertising methods to consider when selling:

​

You choose the method of sale with which you feel comfortable.  Our marketing tools such as allhomes.com.au, realestate.com.au, domain.com.au, and the print marketing options are all priced individually so you choose what you're comfortable spending; no pressure the choice is yours. ​
Price Range:
​This method of sale provides a price range, for example. $500,000-$575,000. This has the effect of attracting people at both ends of the range so may lead to higher numbers of potential buyers through the property. However, if a price is offered in the range and rejected by the owner, by law the property must be advertised at a new price range above the offered price.
​​By Negotiation:
​This method is similar to the tender process where you do not set a price on your property and the buyers will put offers forward. This may lead to a much lower or higher offer than you anticipated, and again, many buyers will exclude properties that have no price indication as they want a more direct pricing model up front.  In our experience buyers do not put their best offer forward first in the negotiation period as they fear they may pay too much.
​Offers Over:
​Here, a minimum price is set and buyers are asked to make offers over the minimum price, for example, over $500,000. This has the effect of attracting people to make offers above the advertised price so may lead to a higher price being achieved. However if a price is offered over $500,000 and rejected by you, the property must be re-advertised at the new price. This method is normally recommended for new listings for the first two to three weeks of advertising.
Tender:
​There is generally no advertised asking price when a property is for sale by tender.  Buyers are requested to place a confidential written offer, including a 10 per cent deposit, by a fixed date.  Unlike a public auction, potential buyers are not aware of other bids. However, many buyers exclude properties that have no price indication. Some buyers may be wary that all bids are confidential and may not put their best foot forward. This method of sale can achieve an outstanding result on a unique property, with exceptional features that seldom comes on the market.

What Our Clients Are Saying

"John Tye is a wonderful agent - he communicated well to both myself and my sisters during the selling of our father's house. He was always available and explained all the procedures relating to the auction. John was patient with me as some aspects were different coming from a different state. He always kept us informed at regular intervals and when anything came up relating to the property. John is both approachable and efficient at his job and I have no hesitation in recommending him to anyone looking to buy or sell in Canberra."

Recommended by Robyn Sold in Narrabundah

Contact Us

Sales Andrew 0403 246 800

Sales John 0438 924 400
Submit
  • Home
  • Selling Process
  • Advertising Options
  • Market Appraisal
  • Helpful People
  • Make a Offer
  • For Sale
  • About us
    • Testimonials
    • Join Us