In this episode, we discuss the four main sales processes in New Zealand and when each one of them should be used. These include 'price by negotiation', tenders, auctions, and 'deadline sales'.
We conclude that the right process for you is going to be based on both the type of property you have and where your local property market is within its cycle. That's because some processes are geared towards markets that have more competition and others are better when there are less people looking for properties at the time you sell your house.
This is part of a two-part series. In the next episode (episode #495) we'll discuss how to be successful in each of these as a buyer of property, rather than as a seller.
The Property Academy Podcast