In most cases, the seller may get the amount he desires for the property. However, during an auction one can never be sure whether potential buyers will be willing to pay the asking price. It is always advisable for sellers to weigh other options before choosing to sell their property via a public auction sale.
In a private sale, the buyer and seller discuss terms of sale and finalize a price through their respective brokers in private. It is possible for a seller to discuss terms of sale and negotiate prices with different buyers at the same time, but individually.
At a public auction, every potential bidder comes together to bid for the property. It is a transparent process wherein every buyer knows who their competitor is. In most cases, large land deals are made via public property auctions.
Professional real estate agent knows how to market
Market your property rightly is very important for it ensures that the right buyers know about the deal. Marketing your property involves ads in newspaper, listing on ‘to-sell’ websites etc. Real estate agent Zillmere has a large network of trusted sellers as well as buyers. Mortgage brokers in company will be able to find you a buyer easily.
Also, since they deal with property every day, they are well aware of market values and various inspections involved. Having an impressive inspection report to show to the buyer increases your chances of sale. A real estate agents service knows what all inspections are essential and ensures that your property is righty inspected and is perfect for the sale.