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Choosing a Sale Method

Which sale method suits your Christchurch property?

The right method depends on your timing, the home’s likely buyers and how you want offers compared. A date-driven campaign can create a clear decision point; an advertised price gives buyers a reference. No method guarantees competition or a result. Ask Ray White Marshland to explain the recommendation using your property and current market evidence.

Compare the main options

Auction

You set a reserve. A successful sale under the hammer is unconditional, so bidders need their investigations and finance ready beforehand. Discuss whether that requirement fits your likely buyers, the auction costs, pre-auction offers and what happens if the home passes in.

Deadline sale

A campaign runs to an advertised closing date. Offers can contain conditions; compare these alongside price. Clarify whether offers may be considered early and how all interested buyers will be told.

Advertised price

A visible asking price gives buyers a starting reference. Offers can still be negotiated. Review the evidence behind the price and set a date to assess enquiry and viewing feedback.

Negotiation

Buyers propose a price and terms without an advertised asking price. Agree how the salesperson will explain value and how feedback will be used to review the strategy.

Tender

Buyers submit written offers under tender documents. Your lawyer should explain the terms, closing arrangements and your choices after offers arrive.

Questions to settle before approving the campaign

  • Which likely buyers does the proposed method suit, and what evidence supports that view?
  • What must be prepared before launch, including property records and legal documents?
  • Which costs are payable if the property does not sell?
  • Who will contact interested buyers, and when will you receive updates?
  • How will early offers, multiple offers or a change of method be handled?
  • What is the agreed review point if enquiry is weaker than expected?

Fit the timetable to the move

If you also need to buy, discuss finance and settlement timing before approving a campaign date. For a tenanted home, plan access and tenant communication with the property manager. Allow enough time to gather Canterbury earthquake repair and insurance records where relevant, rather than hoping to answer those questions during negotiation.

Comparing offers

A written offer needs a careful review of the price, conditions, deposit, included chattels and settlement date. Your salesperson negotiates your instructions; your lawyer advises on the agreement. Do not choose a method solely because another home nearby sold that way: the property, buyer pool and seller’s circumstances may be different.

Discuss your property

Request a free appraisal or call (03) 323 4350. Use our preparation guide to plan the work before launch. Read the independent Settled explanation of sale methods with your lawyer before deciding.