The right method of sale really makes a difference

Each method has its differences, but as we mentioned in last week's update the Sale by SET DATE® approach can be a great option for those people who are torn between the best features of a private sale and an auction.

We were reminded of the value of this unique method of sale again in the past week, when our team was able to achieve an outstanding result on a classic Californian Bungalow (pictured) at 150 Cramer Street in Preston.

Combining a bit of the old and a bit of the new, this attractive two-bedroom period home had been enhanced by the addition of a stylish studio at the rear on a good sized 590 sqm block, presenting enormous appeal for anyone looking for a private artist’s studio or home office.

The location was also a feature here, being moments from the High Street shopping precinct, iconic Preston Market and H.P Zwar Reserve.

Utilising the Sale by SET DATE® method of sale, this property was originally scheduled to have offers closing on July 24th. However, so strong was the buyer interest that a strong sale was successfully negotiated prior to this date, with the contracts being inked at a very satisfying $1.1 million.

The important thing to remember if you are weighing up which is the right method of sale, it is important to consider the type of property, the level of competition in the marketplace and the state of the market before you make a final decision. However, the most important thing is for you to feel totally comfortable with the method of sale to be employed to sell your property.

If you need any advice on choosing the right method of sale for you and your property, or you simply need an update on what your property could achieve in the current market with the right strategy, don’t hesitate to give us a call.