Harcourts Queenstown are celebrating after a successful Auction Gala! We had nine superb properties go to auction on Thursday 18 October, with six selling under the hammer.
We’re sure our vendors will agree there are huge benefits of taking a property to auction, take a look at our list of benefits below.
The benefits of selling at auction:
- It can increase the sale price
Competitive bidding can drive up the sale price of your property on auction day.
- It’s quick!
If you’re looking to release equity for another investment – an auction is the ideal sales platform. The marketing surrounding the auction and the set date gives a sense of urgency that often leads to multiple bidders.
- True market value
Though people have an idea what they should pay for the property, there is no chance of you losing out on a sale because the property wasn’t priced to meet the market. The property will sell to the highest bidder for the highest price they’re prepared to pay.
If you’re thinking of selling, contact your trusted Harcourts agent for more information about the auction process.