Selling by auction is the preferred option for many. An auction is designed to capture the maximum attention of buyers within a set time frame. The auction process is a great way of extracting the best possible outcome for your property, and you as the owner are in control and can set all the conditions of sale.
The deadline sale works in a similar way to the tender process, however under certain conditions there is an opportunity to sell the property prior to the deadline date.
A deadline sale presents another opportunity for sellers to create a competitive situation without stating a listed price. They set the deadline, and prospective buyers have only one opportunity to put forward their most competitive offer.
Like auction and tender, deadline sales increase the number of enquiries, inspections and opportunities to obtain the very best price for the property. Also, the seller doesn't necessarily have to accept the highest price. They can choose to negotiate with any of the offers to achieve the best result.