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Would you sell a house by auction

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#1 Kerala


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Posted 14 January 2013 - 05:34 PM

As the post suggests, would you sell by auction in the current Brissie market?

I always thought that it was a good way to buy but not a good way to sell....

Any thoughts?

Thanks in advance
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#2 aChocLover


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Posted 14 January 2013 - 07:58 PM

Depends on a few factors for us .. where the house is, price range, how quick other houses in the area are moving/competition , target demographic etc.

We're NW and houses are moving fairly quickly, so in today's market, I'd probably just list.

#3 Thelma


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Posted 14 January 2013 - 08:28 PM

Unless your house was fairly unique to your area and hard to price, then I would just list.

I'm not in Bris so can't comment to that market specifically, but we recently purchased and I really hated places that were up for auction. A lot of people now buy houses but need to sell their own place first, or they can't hang around until a certain date to wait to buy (this was us) so you're missing out on those buyers.

There were a couple of places that said they were open to offers prior to auction, and I can see how that would be beneficial because you could try and herd all interested parties together.

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