Location

2/481-485 Cheltenham Road, Keysborough 3173, VIC

Phone Number

+61435921730

Email Address

Lvoinea@areaspecialist.com.au

Auction vs. Private Sale: Which is Best for Your Property?

(Pros and cons for Melbourne sellers)

img

Auction: High Competition, Fast Sale

✔ Creates urgency and emotional bidding.
✔ No price ceiling – potential for higher offers.
✔ Unconditional contracts mean faster settlements.


🚨 Risks:
✘ No guarantee of a sale.
✘ Auction fees and marketing costs.
✘ High-stress environment for buyers and sellers.


Private Sale: Controlled, Flexible Negotiation


✔ Less pressure on buyers, attracting more interest.
✔ Price can be adjusted based on market response.
✔ More time for negotiations and conditional offers.

🚨 Risks:
✘ Can take longer to sell.
✘ Buyers may negotiate aggressively.
img