Feature article
To auction or not to auction? The pros and cons
To auction or not to auction, for many sellers, that is the question. We help you weigh up the pros and cons.
AI summary
Selling your home by auction can be a fast method, resulting in an unconditional sale. You control the reserve price and settlement date, attracting serious buyers and creating competition that may drive up the price.
However, auctions can deter buyers needing finance conditions, and there's no guarantee of a sale or a high price. If the property is 'passed in', you can still negotiate. Discuss with your agent if this method suits your property and the current market.
The pros of selling at auction
The potential cons of selling at auction
Is an auction right for you?
Get help with List Now
Author
Discover More
Special Delivery: five former post offices you can buy right now
Here are five former post offices for sale on Trade Me that have been given an incredible second stamp on life.
Winter spotlight on Canterbury: Resilience and growth in the garden city
Canterbury’s property market bucks national trends with steady house prices and strong rental demand this winter.
Search
Other articles you might like
