Method of Sale

Would you respond to an advertisement with no price?

How your property's price is promoted is very important. We believe up to 80% of potential enquiry is lost because buyers don't respond to ‘No Price' advertising.

 

4 guaranteed ways to turn away buyers:

The biggest mistakes by real estate agents are often related to how a property is promoted:

  • Hiding the price - keeps the buyer away.
  • Bait advertising - attracts the bargain hunters.
  • Price banding - limits the price.
  • Rateable value - confusing.

 

The Benefits of Buyer Enquiry Pricing vs. ‘No Price' Advertising

  • Pre-qualifies genuine buyers and eliminates time-wasters and bargain hunters.
  • Pricing starts below desired market price to attract all potential buyers.
  • There is generally a much higher level of enquiry, which usually leads to more offers.
  • There is no ceiling on the price your home could fetch - very important.
  • Purchasers universally appreciate a price guide, it eliminates costs such as builder's reports, on properties well in excess of their price range and it saves them time looking at property’s they cannot afford.

We recommend setting the buyer enquiry level at the bottom of the range of your price expectations. To satisfy the Commerce Commission and the REAA this should be at a level you would seriously consider once your property had been fully exposed to the market.

 

What are the options?

  • Closed Tender - Fixed time and fixed date.
  • Private Treaty - Fantastic option if the correct asking price can be established.
  • Auction - Dangerous, unless you have multiple buyers guaranteed to compete.
  • By Negotiation - Offers can be submitted from the commencement of the marketing programme preventing buyers losing interest, used in conjunction with a Buyer Enquiry to achieve maximum price.

 

Looking at Selling?

Request a FREE Market Appraisal!

Selling with Tommy's

Why Choose Tommy's

Marketing Options

Selling Tips

Method of Sale

"Tommy's website will be inherently useful in terms of finding your next property however we cannot stress enough the value of building a working relationship with one of our salespeople.  Click here for our sales team."

8A Sunningdale Lane
Woodridge

AFFORDABLE, EASY LIVING FAMILY HOME
Sold

bed3
bath2
car2

110 Belvedere Ave
Waikanae

BEAUTIFUL HOME - FABULOUS LOCATION
Sold

bed3
bath1
car2

19B Nathan Avenue
Paraparaumu Beach

In The Golden Triangle...
Sold

bed4
bath2
car2

5F/39 Taranaki Street
Te Aro

MODERN APARTMENT IN THE HEART OF THE CITY
BEO $395,000
Sold

bed1
bath1

36 Brussels Street
Miramar

O.M.G. WHAT A SWEETIE!
BEO $395,000
Sold

bed1
bath1

Unit 6C, 130 Vivian Street
Te Aro

BRILLIANT FLOOR PLAN
BEO $625,000
Sold

bed2
bath2

136 Nevay Road
Karaka Bays

PREMIUM MODERN HOME WITH SUN AND VIEWS
BEO $1,350,000
Sold

bed3
bath2
car3

Unit 3, 38 Cleveland Street
Brooklyn

BROOKLYN OPPORTUNITY
Sold

bed2
bath1

2C Lytton Street
Wadestown

CONTEMPORARY WADESTOWN TOWNHOUSE
RV $640,000
Sold

bed3
bath2
car1

10 Dorking Road
Brooklyn

SPECTACULAR ON EVERY LEVEL
BEO $1,395,000
Sold

bed3
bath2

4/22 Ross Street
Kilbirnie

SUPER SPRING STARTER!
Sold

bed2
bath1

Peka Peka

Space, Style, Location & Income!
Sold

bed4
bath3
car2