No matter which marketing/sale process you choose, correct pricing of the property is crucial as an unrealisic asking price or Auction reserve can have a negative effect on a marketing campaign from day 1. It is statistically proven that the highest price achieved for a property will be offered during the first 21days of marketing.
Auction:
We set a date for the Auction, with inspections held in the weeks leading up to that date. The owner sets a minimum or reserve price. Then, interested parties attend the auction and bid against each other. The potential benefit to the seller is that competing bidders can raise the price above the reserve. Once the bidding has passed that reserve you know you have a sale, as it will be sold unconditionally and a predetermined deposit must be paid on the day.
Private Treaty:
In selling by Private Treaty, we work with you to establish an asking price for your property. We then advertise the house and invite interested individuals to inspect it. Our goal is to sell the house on your behalf for the asking price, or as near as possible to that price.
Sale by Private Treaty means that you set a price at which your property is to be marketed to the public through the marketing plan agreed to by you and the agent.
Your Dalton Partners agent will discuss with you which sale method would benefit you. We will devise a marketing campaign to suit you and your property. We look forward to partnering you through a successful campaign.