SELLING BY PRIVATE TREATY
Selling by private treaty also offers a number of benefits;
- You set the price at which the property is to be offered.
- Offers from purchasers can be considered at leisure.
- You can determine the pace of the sale process.
- The pace of negotiations can be controlled.
- Buyers may feel more comfortable that there is a cooling-off period.
- Private treaty can sometimes be a less stressful experience.
- Marketing costs might be lower.
- Prospective purchasers who are not prepared to bid at auction prefer the private treaty sales process.