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The 5th option is closest to an auction (allowing for an "implicit" reserve). Possibly because this is a forum dominated by buyers of real estate, not sellers. What I find funniest is all these people who think they know the answer (how to market a property), when actually they don't...

A good question, but impossible to answer without consideration of the: particulars of the property (it's features both + and -), and how it compares to those around it (Does it have a rare feature? Or is it just one of thousands like it?) state of the market for that type of property at...