Selling guide

How to choose your property sales method

Here are the pros and cons of the 4 main ways to sell a home in NZ

Al Hall
Last updated: 17 December 2024 | 6 min read
AI

AI summary

Choosing the right sales method for your property is a key decision. This guide outlines four common options in New Zealand.

- Auction: Creates urgency and competition, resulting in a fast, unconditional sale. However, it can be stressful and offers no guarantee of a sale.

- Tender: Involves confidential written offers by a deadline, giving you control.

- Negotiation: Offers flexibility on price, attracting a wide range of buyers, but can lack urgency.

- Deadline Sale: Sets an end date but allows you to accept offers anytime.

1. Selling at auction: pros and cons

Auctions are quick ways to sell, and can lead to bidding wars.

2. Selling by tender: pros and cons

Tenders provide you flexibility to consider different offers/

3. Selling by negotiation: pros and cons

Sales by negotiation can be attractive to a wide buyer pool.

4. Selling by deadline sale: pros and cons

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Author

Al Hall Al Hall
Content Writer