Private Sale, or Private Treaty, is where the property is offered at a price determined by you, the seller in conjunction with your agents advice. When a buyer expresses interest in the property, a Smyth Estate Agent consultant negotiates on your behalf with the buyer in order to maximize the price. Some view Private Sale as being less stressful. Additionally, some purchasers like the fact that a price is defined, and would therefore prefer to buy through private sale. However, the seller of the property must commit to a price when the property goes onto the market, therefore it is critical that you set the price correctly.

This is probably the most under estimated and most valuable form of sale still achieving results above expectations. Its aim is high impact within a specific time period. If your pricing is accurate and your friends and family always comment of your home, there is a very good chance the rest of the public will think so aswell, thus creating multiple buyers and competitive bidding. An Auction will significantly raise the profile of your home through a carefully targeted, intensive advertising campaign. It places a time limit on buyers, encouraging them to make a high offer before the auction rather than wait to see what auction day may bring, allowing you the option of selling before auction if you choose. It allows you - the seller - to set the terms of the sale. There is no "cooling-off" period, and buyers must have their finance pre-approved. It creates competition between buyers, pushing the price up rather than negotiating it down. The only additional cost of having an Auction is the auctioneers fees.

This method is generally considered to be 'sale by tender'. The same principles of an auction apply with set times for viewings, a closing date and a buyers guide if desired. Buyers then submit there interest via your agent and you-the vendor, can relax and review all submissions. You should not be using this method if your under any time constraint.