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SELLING TIPS
METHODS OF SALE

Public Auction
The most popular and enduring selling method in high-demand areas is the Public Auction. This is because sellers often achieve a price that exceeds their expectations within a desired time frame. Competitive bidding on auction day often results in the price for a property increasing dramatically.

Private Sale
A private sale ensures there are fewer surprises and less tension around the sale of the property. However, as the price for the property must be set, there is little chance of exceeding that price. If the price is set too high, the selling period might be greatly extended, adversely affecting the final selling price.

Sale By Negotiation
Sale By Negotiation is when a property is for private sale, but a price is not declared, which can allow private biding and encourages competition. This method eliminated the tension some sellers experience during an auction campaign.

Sale By Tender
Sales By Tender is commonly used for very large properties, especially those that might be suitable for major development or a multiplicity of uses. This method required interested parties putting an offer in prior to the closing date and then a negotiation process occurring as this date.

 

DECIDING ON A METHOD OF SALE

Deciding on a method of sale is a personal choice and your local cjkeane&co. agent can provide guidance for you in this decision. Some elements to consider are outlined below.

Your Own Personal Feelings and Circumstances
For example, some people enjoy the excitement of an auction, but if you prefer more privacy and a less public sale, a private sale might be more suitable.

The Type of Property
Particular properties are often more suited to one method or another. For example, if we know there is unprecedented demand for a property in a tightly held area, we will usually recommend an auction, because it will make the most of the fierce competition - pushing up the sale price.

PRESENTING YOUR PROPERTY FOR SALE

Property Presentation
The better your property is presented to buyers, the better price it will attract. Good preparation together with your marketing strategy will ensure that you attract the "best buyers" to your property and will result in achieving the best possible price.

In relation to this we know that first impressions last. Here are some useful hints to ensure your property is presented in the best possible way:

Inside        
Wash and clear dishes from kitchen
Ensure beds are made    
Remove any clutter or children’s toys from floors
Clean interior including walls and doors   
Repair any cracks in ceilings and walls   
Draw back curtains for more light    
Light up any dark areas     

Outside
Mow your lawns
Tidy your gardens
Remove rubbish and where possible hide rubbish bins
Clean up exterior spaces including sheds and storage areas
Repair exterior paintwork
Remove clothes from your clothes line
Clean windows
Remove pets on the day of inspections

Creating an Atmosphere for Buyers
Potential buyers will be asking, "Can I imagine living here?". So inside, aim for a sense of light, space and warmth. This might mean storing some of your furniture in a paid facility or with a friend or relative. An uncluttered look is certainly more appealing because it emphasises the space the potential buyer has to work with.

Inexpensive ideas such as throw rugs or loose covers can help dress up tired furniture, or you might consider hiring furniture for the period your home will be open.

Finish any projects that are not completed, but think twice before starting an expensive new project. It is best to make the most of what you have because you never know whether major alterations will be to your buyers' tastes.

Furniture Hire
If the property you are selling is unfurnished, it is well known that decorating it with hire furniture can assist in engaging buyers. Cjkeane&co. provides a number of solutions for interior decorating and furniture hire assistance. Just ask your agent when first discussing the sale of your property.