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Auctions

Auctions

The Auction Advantage

Auction is one of the most preferred marketing strategies for Harcourts clients - with good reason. A positive statistical sale rate together with property being on the market for such a short time (on average less than 35 days) have many regarding auction as the most successful ‘non price’ method of selling, you remain in total control of the whole process. With assistance from your Harcourts consultant you’ll set the terms, conditions and auction deadline.

Open Homes

Your Harcourts consultant in addition to providing information on your property, will provide the Sale by Auction documents, LIM, Title, etc to prospective purchasers (those showing good interest in the property).

Market Feedback

It is essential during the auction campaign that you receive as much feedback as possible. Your consultant will contact all viewers and prospective parties during your auction campaign. We do this to ensure you are totally aware with the current market’s feedback in order to prepare you for your decision making come Auction Day

What happens if a Buyer wants to submit a Pre-Auction offer?

A copy of this procedure is included in all our auction books provided to buyers. The offer must be unconditional and presented with 10% deposit attached.

Reserve Set

Our auctioneer, and your consultant will attend the reserve set so you can meet the key people who will be assisting you on auction day. The auctioneer will then take the reserve documentation with them. The reserve is confidential to the parties present.

Aside Agreements

On occasions aside agreements are requested by purchasers. An aside agreement is a formal request for a variation to the particulars and conditions of your auction.

Auction Day

Our auctions are held in our office at 227 Hardy Street. You will be supplied with an order of auction to give you an indication of where in our auction schedule your property sits, this is known as the order of sale. Our consultant and Manager will ensure that you are again fully briefed and feeling comfortable with the Auction process for the day.

In Summary

• Auction properties are generally on the market for the shortest time (an average of 35 days)

 • You set the conditions and are in complete control

 • An auction date creates urgency and reason to act

• Cash sale - no subject-to-sale/finance uncertainty

 • 10% deposit payable on the day of sale

 • Buyer competing against buyer … not buyer negotiating against seller

 

Meet our Auctioneer - Aaron Davis

http://www.youtube.com/channel/UCx0XwIUnEtmxwqh446NaXdQ