YOUR METHOD OF SALE & MARKETING

PRIVATE TREATY

This is by far, the most common sales method. Your property is advertised at a pre-determined price and then buyers are free to offer any price on any terms and conditions they like. After reviewing the offer(s), counter offers go back and forth until your property is sold, or put back onto the market.

It is important when selling by private treaty that, in consultation with us, we set a realistic figure for the asking price. In our experience, properties that are initially over-priced may suffer from over exposure if they are marketed for a long period of time at an unrealistic figure.

Properties that have a more realistic initial asking price are less likely to suffer from marketing staleness¬Ě and our experience demonstrates that those properties usually achieve the best market price.

Points to consider:

The marketing expenditure is chosen by the owner and is in addition to the commission. It may include a colour brochure, photographs, signs, internet exposure and advertising.

Buyers usually expect to negotiate the price down unless they see it as good value to them.

With private treaty the date of sale and settlement are unknown and subject to negotiation, which gives greater flexibility to the buyer to satisfy conditions.

It is possible to sell a property subject to conditions such as finance approval and the sale of another property.

50 Vincent Street, Nedlands - "The selling process with Mark in charge was as smooth and stress free as we could have wished for. Mark held our hands through the whole process from getting our house picture perfect for sale right through to the end of sale process all with his no nonsense, calm approach. Thank you Mark, we'd have no hesitation in using your services again."