Should You Auction Your Property?

Casula Casula | Casula real estate | Latest News | Liverpool | Real Estate Tips 15th May, 2010 No Comments

I talked in my last blog post about the increase in auctions being done in Casula, so how do you know if you should auction your property or list it at a given price?

Your real estate agent will be able to offer you the best advice for your property, but in a general sense, you should weigh up both options before you decide anything.
Some of the things you should ask yourself when considering auctioning your property include:
  • Are you going to be prepared to sell on auction day if your reserve price is met?
  • What do you intend to do if your property does sells at auction?
  • Have you got other accommodation arrangements in place?
  • Are you buying another house, renting or building?
  • What happens if the house does not sell at auction?
  • What price would you want at auction?
  • Will this price vary from a listed price?
I would love to chat with you further about the options for your specific property if you’re considering selling. I have the expertise to help you decide what is right for you depending on your individual circumstances and can give you comprehensive information about the state of the local Casula and Liverpool markets.