The four main methods of sale each have their advantages and there are several reasons why a particular one might be the right method for you, your property or the Queenstown property market.
The best way to achieve a premium price in a short timeframe.
Tender or deadline
The best way to retain the ability to negotiate while achieving a premium price in a short timeframe.
Price by negotiation
The best way to retain the ability to negotiate and achieve a premium price at no fixed timeframe.
Buyers are encouraged to make offers as they know the price at which you're willing to sell.
The Queenstown real estate market - being red-hot with demand and short on supply - lends itself to methods of sale that increase competition amongst property buyers to ensure the seller achieves the best possible price. To increase competition, you need to set a specific deadline that prompts buyers into action and market the real estate without a price so as not to set any limitations. If your goal is to achieve the highest possible price in a short timeframe, auction may be the method for you. There are other methods that offer distinct advantages depending on your situation - drop us a message and we'd be happy to offer personalised advice.