Will selling at auction mean a lower price?
No. Selling at auction does not mean you will get less.
An auction is designed to reveal the fair market price on the day through transparent competition between buyers. The outcome depends on buyer demand, property appeal, and how well the campaign is executed.
Your reserve price also protects you from selling below the minimum value you are willing to accept.
Disclaimer
All information contained within the Frequently Asked Questions is general information, advice, recommendations and answers.
The information does not take into account the particular needs and circumstances of individuals and companies, or legislation governing auctions of various countries and states.
Before listing or selling your property at auction you may wish to seek independent professional advice.
Every effort is made to provide information that is accurate. However, the information contained within the Frequently Asked Questions are subject to change at any time.
RE Software Pty Ltd gives no assurance or warranty that information is current and takes no responsibility for any information provided.
Posted 28th February, 2025