Methods of Sale


There are two ways to sell a property:
 
A Private Sale:
  • Seachange Property will negotiate with a buyer to agree on a sale price.
  • The contract of sale can be conditional. With your approval, the buyer can make the sale subject to obtaining a loan, a satisfactory building inspection report, or other conditions.
  • For residential and small rural properties, the buyer has a three business day cooling-off period (with exceptions).
A Public Auction:
  • Price is determined by competitive bidding between prospective buyers present.
  • The contract is unconditional. The buyer cannot make it subject to conditions such as finance or inspection.
  • There is no cooling-off period.
Seachange Property will recommend a method of sale based on the:
  • type and location of your property
  • market conditions
  • your timeframe and personal preference.
 
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