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Selling Your Property At Auction

By Adrienne McTavish

When it comes to selling your property, there are a variety of strategies you could employ. Selling your Bulimba real estate through auction could be a great alternative, and it's a method that can work really well for some properties.

If you're considering putting your slice of Hawthorne real estate up for auction, here are a few things to consider.

Advantages of auctions

Putting a property under the hammer may yield great results for a seller. For example, it exposes your home to groups of buyers who are interested and ready to commit to a purchase.

In addition to this, the time-sensitive factor of an auction can also help to amp up your original asking price. As buyers are placed in a strong atmosphere of competition, this can often motivate them to commit more in order to get a property they really want.

Being placed face-to-face with their competitors and fellow house-hunters, combined with the looming deadline at an auction, can lead to sellers getting a more favourable result for their home.

Tailor your sales strategy

Of course, putting a property up for auction isn't for everyone. It's important to consider the sales method that would work best with the type of property you have and tailor your strategy to suit this.

Enlisting the knowledge and expertise of an experienced real estate sales team can help you get the results you seek.

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