Selling in Lower Hutt: straight answers
Auction, deadline sale or negotiation: which is best in Lower Hutt?
There is no single right method: it depends on your home, the buyers most likely to want it and the market that month. Rupert sells by deadline sale, auction, negotiation and fixed price, and will recommend the one most likely to get several buyers competing for your home.
Deadline sale
Buyers put their offers in writing by a set date and time, usually at the end of a four-week campaign. Offers can carry conditions such as finance or a builder's report, and you compare them side by side before choosing one, or none.
Deadline sales suit most family homes because buyers who need finance can still take part, and the deadline gives everyone a reason to act.
Auction
Buyers bid in the open on auction day. You set a reserve, the lowest price you will accept, and once bidding passes it the home sells to the highest bidder. An auction sale is unconditional, so buyers have to do their checks and arrange finance beforehand.
Auctions work well for homes with broad appeal, where several buyers are likely to want it badly enough to bid against each other.
Negotiation
The home is marketed without a price and buyers make offers whenever they are ready. It suits a home that is hard to price or a slower market, because it keeps every buyer in the conversation.
Fixed price
An asking price is advertised. It is simple for buyers and can bring a quick sale, but set it too high and buyers wait, set it too low and you may leave money on the table.
How Rupert chooses
He looks at what has sold nearby and how, the buyers already asking about homes like yours, and your own timing. Then he recommends one method and explains why, so the choice is yours with the reasons in front of you.
