Probably should have asked this question before signing up, but has anyone had any good or bad experience with these selling systems.
"set sale" or "Buyer ranged"
Basically the seller puts the house on the market for 30 days where people put in secret bids (like a tender) and the highest gets the house, after the 30 days. It actually made alot of sense to me, however what makes sense to me, may not make sense to the buyer.
The price is set via an independant valuer, and the range is either side of that price.
Is it a myth that a bank valuation is conservative, or can I be fairly confidant that I would at least get that price, if this market valuation comes in lower than the bank valuation should I be asking Questions on the "independance" of the Valuer.
I had 4 agents look at the house and explain how they would sell the house etc. They all tried avoiding the question of how much the house is worth, after asking each one about 4 times the same question the price ranged from $400K to $700K. It is a unique property, but thats a big price spread.
That is one of the reasons I chose this system, mainly because it puts the question of what the property is worth into the buyers hands. If I get 15 offers at 500K then I know that is what the house is worth.
"set sale" or "Buyer ranged"
Basically the seller puts the house on the market for 30 days where people put in secret bids (like a tender) and the highest gets the house, after the 30 days. It actually made alot of sense to me, however what makes sense to me, may not make sense to the buyer.
The price is set via an independant valuer, and the range is either side of that price.
Is it a myth that a bank valuation is conservative, or can I be fairly confidant that I would at least get that price, if this market valuation comes in lower than the bank valuation should I be asking Questions on the "independance" of the Valuer.
I had 4 agents look at the house and explain how they would sell the house etc. They all tried avoiding the question of how much the house is worth, after asking each one about 4 times the same question the price ranged from $400K to $700K. It is a unique property, but thats a big price spread.
That is one of the reasons I chose this system, mainly because it puts the question of what the property is worth into the buyers hands. If I get 15 offers at 500K then I know that is what the house is worth.