Introducing the “DEADLINE SALE” A Sydney Property Game Changer

Hey Sydney! 🌆 Ever thought there could be an exciting midway between a private treaty sale and an auction? Well, there is, and it's called the Deadline Sale.
A massive hit in New Zealand, Which we're bringing it to our shores for a fresh approach to real estate.

What is a Deadline Sale?

A Deadline Sale is basically setting a "deadline" to submit offers on a property. Instead of a fixed price or an on-the-spot auction, buyers have a set time frame to make their best offer. Exciting, right?

Pros and Cons for Sellers:

Pros:

• Market Exposure: The property gets marketed for several weeks, increasing its visibility.

• Flexibility: Sellers can accept an offer before the deadline if it matches their expectations.

• Competition: With multiple buyers interested, there’s potential for a higher sale price.

Cons:

• Uncertainty: There's no guarantee the property will sell by the deadline.

• Wait Time: Sellers have to wait until the deadline to review all offers.

• Possibility of Low Offers: There's a risk that all offers might be below expectation.

Pros and Cons for Buyers:

Pros:

• Transparency: Unlike auctions, there's no immediate pressure; take your time to research and make an offer.

• Flexibility: You can offer what you believe the property is worth.

Cons:

• Competition: Others are also eyeing the same property; you might have to make a competitive offer.

• Uncertainty: Without knowing other offers, you might wonder if yours is good enough.

We have been putting this long forgotten selling method to the test for our vendors here in Marsden Park and the results have been great !
Our recent client Toni from 60 Westway was thrilled with the outcome of their recent deadline sale, Check out her review below.