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Auction Information

Selling at auction

Auctions are becoming more popular in Alexandra as the market warms up to what has been an outstandingly successful method of sale in nearby areas of Cromwell, Queenstown and Wanaka. We believe it's an excellent sales method and we're proud to consistently deliver for our clients through auctions.

We have a full service in-house auction team and our Manager John Petre is a highly experienced auctioneer who has called in excess of 1,000 auctions for Harcourts. Our whole team is passionate, enthusiastic and truly committed to the auction process.

These are just some of the benefits of selling at auction:

  • The seller sets the terms and conditions of the sale.
  • Targeted and heightened marketing in a limited timeframe puts a spotlight on your property.
  • Marketing with no price attracts genuine, cash-in-hand buyers.
  • Auctions create a sense of urgency, bringing buyers to a point of decision.
  • The property is neither overpriced or undersold: its value is determined by what the market is willing to pay.
  • A sale by auction is unconditional and allows the transaction to proceed to settlement without delay.

Click here to learn more from our complete guide to selling at auction.

 

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Buying at auction

The auction process can seem daunting, but there are many advantages to purchasing at auction. The main benefit is that auctions allow the true market price for the property to be established and it is you - the buyer - who decides how much a property is worth. It's a proven system of successful buying.

 

These are some other benefits to buying at auction:

  • You know exactly who your competition is on the day.
  • All buyers are given a fair opportunity to buy.
  • Negotiations are open for all to see.
  • If you bid is successful, the property is yours with no further delay or negotiation.

Our consultants and auctioneers are hugely experienced and we guarantee that they will guide you through the process with information and advice. Our consultants are committed to achieving great results for our buyers and we're always on hand to make sure you're at ease throughout the entire process.

 

Click here to view our full guide for buying property at auction.

 

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