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You’re Invited to Ray White Gawler’s Inroom Auction!!

By Kylie Mahoney

Ray White Gawler|Willaston are excited to extend invitation to our first rural inroom Auction event!

The Auction Extravaganza, on Friday 8th March from 3.00pm at the Mallala Coffee House, Balaklava Road, Mallala will see 6 properties go under the hammer and will become a frequent event for the Ray White Gawler|Willaston team in the Adelaide Plains and Northern Suburbs.

Elle Griffiths our Adelaide Plains specialist and Ross Whiston our Auctioneer will be hosting the event.

“We anticipate a fabulous event with some good results for our vendors. With higher days on market in the rural regions, I see great benefit in running multiple auctions together at one venue” ~ Elle Griffith ~

“Having more properties can attract more buyers and past experience tells us that buyers who miss out on their preferred property are sometimes tempted to bid for another property being auctioned on the same day at the same venue” ~ Ross Whiston ~

A list of all properties to go under the hammer on the day together with Auctioning terms and conditions are all listed in this booklet for download – Under-the-Hammer-8th-March

Or to visit the properties online, please follow the below links –
4 Fifth Street, Dublin
20 Seventh Street, Dublin
3605 Owen Road, Owen
6 Main Street, Owen
Lot 503 McCabe Road, Hamley Bridge
18 Florence Street, Hamley Bridge

Property can be a complex business. Buying, selling, renting, mortgages and repayments- it can be difficult to get started in the housing world. We’re hoping we can take some of the pressure off and clarify the world of property by answering some of the most common questions about putting homes up for sale. One of the most frequent requests we’ve had is people asking why so many people prefer to sell their homes through auction rather than private treaty. We aim to show you just why this method is so popular in recent years.

    Control for the vendor

Sometimes people think that the chaotic nature of an auction means that the vendor has a lot less control over what their property is sold for. This is not the case at all! Reserve prices, vendor bids and unconditional sales contracts all grant the seller a great deal of control over the sale of their property. Auctions are certainly exciting and full of activity, but as the seller you are the conductor of this unruly orchestra.

    Competition

One of the unique features of selling by auction compared to private treaty, selling your home through auction can often result in what is known as ‘auction fever’: people might end up buying your property well above its market value. This has obvious benefits for you as a seller, and also plays upon any unique features that your home may have. You could find that a particular feature of your house is extremely attractive to two or more buyers, and the competitive arena of the auction brings out a bidding war.

    Speed

The fact that auctions do not have a cooling off period means that once an offer has been made, there is no delay in concluding the sale. A cooling period, depending on your state, can take up to ten days to conclude. The method is also a lot faster pre-sale as well, as you do not have to organise a series of individual viewings for potential buyers who may not be willing to buy. People who turn up to auction mostly come with a mind to purchase.

There will be light refreshments available on the day and registrations for bidding can be made prior to the event by contacting either Elle Griffiths Contact Here or Ross Whiston Contact Here Save the event to your social calendar here too!!

For more information about the event or on how to put your home up for auction call the office on 8522 4711 and find out how you can use this savvy method to get the most value out of your property.

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