Advantages of selling the property online
Posted: Sep 30, 2013
With the old saying that timing is the most important thing, this is also true when it comes to the veiling van de dag. When it comes to the auctioneer, timing is everything. He has to start by determining how long the auction will take and when the auction will end. The end day has to coincide with the key selling of veiling van de dag and you have to think about this while determining when your auction will end.
The experts recommend that the auction has to take at least 7 days but you can go for long term if you want more attention and exposure. This also may translate into the highest price that you can get. The best day that you can end the auction is Sunday followed by Saturday and Friday. It is not a good idea to end the auction on a holiday.
You can also consider veiling van de dag if you are selling the property. You can choose to sell the property on auction depending on the type of the property you have, where your property is found and the real estate agent you are using. Other factors that you may consider are your personal beliefs, your wish of selling the property and the market conditions. Other options you have may include private sale and tender besides using the auctions.,
Selling on the auction is becoming too popular and they are also effective way that you can sell your property since this shows that you are ready to make an immediate sale. Any property you have can be sold through auctions.
The auction is done by an auctioneer or a real estate agent. The advertisement of the home is displayed on the specific place with the time and the date of the auction displayed. The potential buyers can compete with each other, they can hear what the competitors are saying and they can counter them with higher bid. The veiling van de dag will take place when the highest bid may have reached the minimum amount that that the buyer agreed to take or when the seller agrees to lower the amount he expected at the beginning.
There are many benefits of selling the property on the auction. First the buyer does not know the expectation of the seller and he should act under the terms and conditions from the seller. The vendor is protected because of the reserve price. The buyer is capable to control how much he is willing to spend on the marketing. When the property is not sold on the veiling van de dag, the interested buyers can contact the seller to negotiate.
However, there are also disadvantages of selling the property on auction. For example if the first bid is too low, then this can send wrong message that the home has a low value. Some potential buyers may not bid on the auction if they do not like its competitive nature. If you are in hurry to sell, you may not find the buyer according to the veiling van de dag you gave yourself.