The auction method is a great way to sell or buy real estate. An auction places a closing date on the process and allows for buyers to submit their best offer.
If sold at auction the contract is not subject to building and pest inspections, finance and valuation, five day cooling off period or other buyer requested clauses. Essentially when a property sells at auction you have an unconditional contract.
An auction isn’t for all properties, but it is perfect for some.
If you are selling talk to an Explore Property agent about the benefits of the auction method of sale.