A private treaty sale is where the seller sets the price they want for their property, generally after research into the market and discussions with their agent to determine the most realistic outcome.
A private treaty campaign does not have a time structure; essentially, we put a price guide on your property, which is discussed and approved prior to being advertised, and undertake negotiations until your desired result is achieved. We will run multiple open for inspections and private inspections to generate as much interest as possible. We offer inspections anytime, 7 days a week.
They then start negotiating with potential buyers via their agent. Once a price is agreed, the buyer lodges a deposit, and, in most cases, the process will enter a cooling-off period. The buyer can still back out at this stage but may have to forfeit some of their deposit, depending on which state the purchase is being made in.