With the spring selling season well underway, many homeowners are considering selling their real estate in Darwin through auction.
There are several ways to ensure the process goes well for sellers.
Set your minimum price
At an auction, you can set the lowest price you would accept. If bidding does not reach your reserve, the house won't be sold.
It is therefore important to pick a realistic figure that will give you a return on your investment, while not pricing it out of the market. Don't tell too many people what the reserve is – you may reduce competition if you do this.
Research and preparation
Look at the prices similar properties in the area fetched to see how marketable your property in Darwin is.
You may also want to make sure all documentation is ready to go on the day.
Present your property
Buyers are allowed to have one last look at your property on auction day, so make sure any houses or apartments in Darwin that are going under the hammer are well presented and tidy, inside and out. Buyers place huge importance on first impressions, so make sure everything is ready for them.
Make sure everything is decluttered and depersonalised as much as possible so buyers can visualise themselves in the house.