Why use auctions?
Selling through auction is not just for properties needing renovation. It can be a quick, efficient and profitable way to sell property and suits a number of situations including:
- Where there is a high demand for a particular type of property
- Where the value of a property is difficult to gauge
- When you need a quick and certain sale
Selling by auction is a fair and open process for the vendor and the buyer. For those properties in high demand, selling by auction avoids the less favourable practices of gazumping or a Dutch auction.