Blogs

As Real Estate Agents we all want to achieve the best price for our vendor. However, with Auctions or Private Treaty/Sale achieving that optimal price can often be a process of hit and miss.

Selling by Auction or Private Treaty/Sale is always a hot topic with both agents and the general public, however with falling auction clearance rates and a decreasing number of buyers, the selling method debate has become front and centre. So, which method is better – Auction or Private Treaty/Sale?

Just 18 months ago a new ground-breaking way to sell and buy real estate was launched in Australia. Today, over $200m worth of property has been sold through the platform.

With three registered bidders jostling for the property and another four in the audience watching the auction online, the office building at 126 Darby St Cooks Hill that comes with some retail space sold for $2.25 million, a result that exceeded the vendor’s expectations.

Openn Negotiation were proud to be recognised as finalists at the 2018 Telstra Business Awards - WA for the Emerging & Energised category on 16 August.

At Openn Negotiation, we know that our success is reliant on having the best people in our team, which is why we’re excited to announce Mark Levin as our new State Manager for Victoria.