Public Auction
The auction method is recommended for properties:
- Which are in a high demand market
- Which are likely to encourage competitive bidding between multiple buyers
- Where it is preferable to let the market determine the price rather than predetermining it prior to sale
- Where creating deadlines for purchasers will limit procrastination
- Where an unconditional sale is desired
- Where sticking to a marketing budget and a specific time frame is important
Private Treaty
The private treaty method is recommended for properties where:
- Marketing and promotion options are open to you
- Time of sale is not an issue
- You are more comfortable with a clear price
- Privacy of the result is important
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