PROPERTY AUCTION

 Online and Onsite / In Rooms

                                                                                  

                                                                                     

In the current market the method of sale is an important decision for you to make to ensure we can create the best result for you.

At Bh Partners our goal is always to achieve the best result for our clients, and to achieve the best sale result we need to provide a marketing campaign that will attract the most possible buyers competing for your property.

This is why we are now offering an auction program where the buyers can bid from anywhere in the comfort of their own homes or come along to the auction and bid on site or in rooms.

The Auction sales method also has the following benefits

• You set the terms of the sale and a sale by auction is final and binding on the day
• No need to wait weeks for finance to be approved, building inspections to be performed or waiting on settlement of the purchaser’s property.
• An auction creates an open competitive environment where purchasers feel more at ease to spend more as they can see the others bidding against them.
• You are protected by having a reserve price on the property.

Why Auction Real Estate?

Real Estate Auctions have become one of the most popular methods of buying and selling property in Australia with substantial benefits for both Vendors and Purchasers. Auction is used as a preferred method of sale by beneficiaries, Governments, Banks, Administrators, Executors & Trustee Companies, Corporations and Private Vendors and has been proven to be the best method of establishing true market value.

What is an Auction?

Auction is a process which allows interested parties to make competitive bids which establishes the current market value of the property in an open, transparent, and public from utilising the skills of an experienced auctioneer.

What are the Advantages to me as a Seller?

• Control, as seller you set the terms and conditions.
• You get a cash unconditional contract.
• 10% deposit on the fall of the hammer.
• No cooling off period applies.
• Allows 3 opportunities to sell – before, at Auction or immediately after – and reduces the overall selling time on the market.
• Creates a sense of urgency, which motivates purchasers to action.
• Allows all potential buys to compete amongst themselves to offer you the best price.
• Forces buyers to make decisions to a deadline of the auction date and brings negotiations to a head.
• The competitive Auction environment offers greatest chance for a premium price.