Top 6 Benefits of Selling at Auction

Professionals Armidale Local News 24th April, 2023 No Comments

by Stephen Ramage, Inhouse Auctioneer

Choosing the right method for the sale of your property is very important. Here are our top six benefits of selling at auction:  

1. Creating competition 
Auctions create a competitive and transparent bidding environment and can establish an emotional connection with the property. 

2. Having a set end date 
Having a set date creates the necessity for prospective purchasers to be organised to perform on auction day. 

3. Attract more potential buyers 
Taking a home to auction can help attract more buyers through the condensed marketing campaign and the open for inspections, leading to more bidders registering at the auction. 

4. Get the most from your marketing 
A high impact marketing campaign, usually condensed between 21 – 28 days, provides the opportunity to attract the maximum number of purchasers in a minimum amount of time. 

5. Reduce days on market 
Auction creates a competitive environment where bidders openly compete for your home.  

6. Unconditional contract 
On the fall of hammer the successful bidder is the purchaser and exchange of contracts takes place on the auction day with no cooling off period. 

Upcoming Auctions

Find out more about our upcoming auction dates and properties going under the hammer. To pre-register to bid at our our next auction or to discuss the benefits of selling via auction contact us at (02) 6772 4549 or via reception@proarmidale.com.au

About Stephen

Stephen has more than thirty years experience, working in the Armidale Real Estate Industry since 1989. Stephen is licensed in real estate, auctioneering, strata management, and stock & station.

He describes himself as an outdoorsy kind of person with a love for caravanning, fishing, and mountain bike riding. Stephen participates in an annual charity fundraising cycle for the Great Cycle Challenge Australia.

The Great Cycle Challenge is a national Children’s Medical Research Institute (CMRI) fundraising initiative held throughout the month of October.

Stephen says that the key to his success is honesty.

Be honest with people and don’t try to hide anything or make up answers to questions you don’t know. Tell it how it is.

Stephen Ramage

Stephen grew up in Guyra, once married he moved to Armidale where he started a family of his own.

Read more about Stephen in our Spotlight Interview.