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Aren’t Auctions Expensive?

By Kate Williams

When it comes to selling your home, you undoubtedly want a strategy that will help you maximise your price and minimise your time on the market. Opting for an auction could be the perfect solution, providing you with the best opportunity to secure a premium price within a reasonable timeframe while dealing with cash buyers and avoiding contingencies. However, to ensure a successful auction experience, it is crucial to collaborate with skilled agents who specialise in this unique method of sale.

Over the past 12 months, our dedicated North Canterbury sales team have taken over 80 properties to the auction room. The weeks leading up to auction day are of critical importance as our team diligently works to ensure the best outcome for our clients. These agents have honed their skills over years of experience, guaranteeing a high level of expertise and proficiency.

Aren’t auctions expensive? Regardless of the method of sale you choose, whether it’s a deadline sale, priced listing, or no-price listing – there will be associated marketing costs such as photography/videography, online advertising on platforms like TradeMe and Realestate.co.nz, print advertising in publications like the Northern Outlook or The Press, and any necessary professional reports such as a LIM or building report. The only additional cost for an auction is the auctioneer’s fee, which can vary among agencies. For us, we have the advantage of an in-house auctioneer, making this cost more affordable for homeowners like yourself.

To determine if an auction is the best method of sale for your property, we encourage you to speak with one of our skilled salespeople today. They will assess your unique situation and provide expert guidance on the most effective approach to maximise your results.

​​​​​​​Ben McNab – Auctioneer

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